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News Builders' associations lobby Malaysian government to investigate cement price rises

Builders' associations lobby Malaysian government to investigate cement price rises

Written by Global Cement staff 21 December 2022
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Malaysia: The Johor Builders Association, Melaka Builders Association, Penang Builders Association and Perak Contractors Association have published a joint statement addressed to the Ministry of Domestic Trade and Cost of Living (KPDN). In the statement, they lobbied the KPDN to investigate an allegedly suspect rise in cement prices between November 2020 and December 2022.

The builders' associations said "We also want to extend an appeal to the ministry to conduct a review into whether any party may have violated the Competition Act, which prohibits anti-competitive agreements and abuse of dominant position in the market, during the implementation of these price increases."

Published in Global Cement News
Tagged under
  • Malaysia
  • Government
  • Price
  • GCW588
  • Johor Builders Association
  • Melaka Builders Association
  • Penang Builders Association
  • Perak Contractors Association
  • Competition
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