Some traders still fail to display price tags: JPKE | Borneo Bulletin Online

THE Department of Economic Planning and Development (JPKE) at the Prime Minister’s Office (PMO) through the Department of Competition and Consumer Affairs, recently conducted visits to the Jerudong Market and Gadong Market to remind traders to clearly display the price tags or signs, and to conduct business ethically.

The visits, which covered 49 stalls in the Jerudong Market and 68 stalls in the Gadong Market, were conducted to protect consumers and promote ethical business practices in the market.

The traders were informed that under Section 2 (1) of the Price Control (Display of Prices) Order, it is illegal to sell any consumer product for retail without an appropriate price tag, label or marking to tell the consumer the price of the items.

The benefits of price tagging is to provide consumers with adequate information, and allow them to compare the quality and prices of goods. It also discourages and minimises haggling, which is a waste of time, money and energy for both buyer and seller.

During the operation, many traders were found to be selling goods without price tags. They shared that price tagging can cause ‘inconvenience,’ citing issues such as the changing prices of fresh goods, competition among sellers and lack of knowledge on the price tag law.

The traders were advised to use simple price tag cards that reflect the latest prices of the goods per unit (piece, kilogramme, bundle), or to have a price list displayed at visible spots.

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Some traders still fail to display price tags: JPKE | Borneo Bulletin Online.