Struggling with price hikes, traders drop out of Menu Rahmah initiative
newscatcher
2023-09-30 08:31
Struggling with price hikes, traders drop out of Menu Rahmah initiative
Unable to keep pace with the increase in price of raw goods, many traders say they have withdrawn from the government's Menu Rahmah programme for affordable meals. Ayob Abd Majid said many of the traders who had joined the initiative were only able to keep up for the first three to four months. "After that, many dropped out because they could no longer absorb the rising costs of basic food items," Ayob, the chairman of the Ampang Small Traders Association, told MalaysiaNow. Menu Rahmah, an initiative under the domestic trade and cost of living ministry, is aimed at reducing the burden of low-income groups due to the hike in cost of living.

http://klse.i3investor.com/web/blog/detail/savemalaysia/2023-09-28-story-h-218930860-Struggling_with_price_hikes_traders_drop_out_of_Menu_Rahmah_initiative

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