Minister Warns Traders About Expensive Price of Masks

Last updated on May 6th, 2021 at 06:54 am

The Ministry of Trade (Kemendag) warned to those sellers and traders to not take advantage of the coronavirus epidemic that struck China and other countries. As is known when the outbreak of coronavirus sticks out, the demand for masks has increased accompanied by soaring price increases.

Therefore, sellers and traders were urged to not take opportunity amid Corona virus outbreak by selling masks with price exceeds normal limits.

“There are even masks price reaching IDR 4 million per carton, therefore the Ministry of Trade is ready to revoke the permit of shops or traders who sell masks beyond the normal limit,” said Director General of Consumer Protection and Trade Order at the Ministry of Trade Veri Anggriono in Jakarta, Tuesday (11/2) .

ANTARA FOTO/Reno Esnir/pras.

Furthermore, Veri said, the government did not prohibit producers and distributors for taking profits. However, it was expected that traders will also be concerned about the disaster that befell victims of the corona virus.

“First we want to advise in this situation, do not take the opportunity to raise the price, because that will burden consumers too. But for the price, do not charge too much. “If they do not pay attention on it, they will be given administrative sanctions, freezing and revocation,” he explained.

The government also asked the people to participate in preventing corona virus, as of it importers and producers were asked to provide reasonable and affordable prices as a form of concern.

“From the trading side, please help by providing affordable prices, do not let this coronavirus be an opportunity for price increases. We must have a little concerned. “As importers and producers, because again, amid the outbreak we also want to help each other,” he explained.

Latest News on Indonesia

Desk Writer

Spends most of the time reading news all around the world. Strong knowledge and understanding of the current situation and happenings in the ASEAN region.

Recent Posts

STI’s Sudden Slowdown: What Singapore’s Market Pullback Reveals About Global Risk Mood

A​‍​‌‍​‍‌​‍​‌‍​‍‌ Market Catching Its Breath The Singapore market turned noticeably quieter after the Straits Times Index (STI) went down, reflecting…

December 6, 2025

Waves of Power: Decoding China’s Bold Fleet Deployment Across East Asian Seas

In​‍​‌‍​‍‌​‍​‌‍​‍‌ response to a sudden and highly visible spike in strategic naval operations, the attention of the world has been…

December 5, 2025

Rising Regional Tensions: How Naval Build-Up Near Taiwan and Japan Is Reshaping East Asian Security

The fast naval build-up in the area of Taiwan and Japan is causing the tension of East Asia to be…

December 5, 2025

Shifting Investment Tides: Asia’s IPO Boom and the AI-Bubble Warning for 2026

The future of Asia in 2026 has an excellent combination of both opportunities and risks: a fresh wave of IPO…

December 5, 2025

When Hunger Has a Gender: Unpacking the Global Food Access Gap Women Face

On​‍​‌‍​‍‌​‍​‌‍​‍‌ a dining table, food from many different cultures may look the same, but that is not the case. After…

December 5, 2025

Asia Power Index 2025: Unmasking the Power Shifts in a US–China Dominated Region — And India’s Strategic Rise

Asia​‍​‌‍​‍‌​‍​‌‍​‍‌ Power Index 2025 reveals a significant change of the region of Asia, transforming the entire continent. While the struggle…

December 5, 2025

This website uses cookies.

Read More