Anwar directs stronger enforcement to curb profiteering nationwide
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has directed that inter-agency coordination be strengthened to ensure more effective enforcement in controlling the prices of essential goods and curbing profiteering nationwide.
Prime Minister Anwar Ibrahim has directed stronger enforcement measures to curb profiteering and control the prices of essential goods nationwide, according to the New Straits Times. This directive was announced during the National Action Council on Cost of Living (NACCOL) Meeting No. 2/2026, chaired by Anwar. The meeting discussed various initiatives and immediate measures aimed at alleviating the cost-of-living burden on the people, as outlined in the 2027 Budget.
Anwar also reviewed the progress of enforcement by the Ministry of Domestic Trade and Cost of Living in controlling the prices of essential goods and combating profiteering across the country, stating that the government will continue to monitor global geopolitical developments and their impact on prices and supply of basic necessities to address any pressure on the people's cost of living promptly and effectively.
Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.