Unimas, UMS tasked with 6-month study to stabilise commodity prices in East Malaysia

Armizan (second right) listen to explanations from representatives of exhibitors who participated in the programme.
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By DayakDaily Team

KUCHING, Oct 11: The Ministry of Domestic Trade and Cost of Living (KPDN) has appointed Universiti Malaysia Sarawak (Unimas) and Universiti Malaysia Sabah (UMS) to conduct a six-month study on the stabilisation of commodity prices in East Malaysia, including Labuan.

This initiative is aimed at developing long-term strategies to stabilise the prices of essential goods in the region.

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The announcement was made by KPDN Minister Datuk Armizan Mohd Ali during a recent Community Service Program organised by UMS in Papar, Sabah.

According to a KPDN statement, the study is in line with the Madani framework and aims to ensure price stability across the country.

Armizan expressed hope that the research will provide valuable insights into regional price disparities and help the government create more effective policies to address the cost of living challenges that continue to burden the people. — DayakDaily

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