Malaysia

Self-test kits ceiling price ‘reasonable’, no need for subsidy: minister

Govt taking a win-win situation approach for industry, consumers, says Datuk Seri Alexander Nanta Linggi

Updated 4 years ago · Published on 17 Sep 2021 7:00AM

Self-test kits ceiling price ‘reasonable’, no need for subsidy: minister
The Covid-19 self-kit’s ceiling retail price is RM19.90, while the wholesale price is capped at RM16 per unit. – The Vibes file pic, September 16, 2021

by Amar Shah Mohsen

KUALA LUMPUR – The ceiling price for Covid-19 self-test kits set by the government is fair, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

In a written parliamentary reply to Datuk Seri Rohani Abdul Karim (Batang Lupar-GPS), the minister said the price was set after considering a number of factors, including manufacturing and importing costs. 

Currently, the kit’s ceiling retail price is RM19.90, while the wholesale price is capped at RM16 per unit. 

“The maximum price set is deemed to be reasonable, and the ministry has taken a win-win situation approach between the industry and consumers. 

“With this price, the issue of subsidies being given for the self-test kits also does not arise,” he said, adding that this also dispells any concerns of higher cost to purchase the kit in East Malaysia.

On September 2, the Domestic Trade and Consumer Affairs Ministry had released a statement announcing the government’s decision to make self-test kits more affordable, with the new ceiling prices to take effect beginning September 3.

The new prices are lower than previously retailed, which ranged between RM28 and RM41.

While the move was lauded by various quarters, there have been calls for the government to further subsidise the cost to make the kits cheaper and more affordable, especially for lower income households.

Critics argued that this is necessary if Malaysia is to consider Covid-19 endemic by next month, in which regular testing will be necessary to avoid future outbreaks.

On the issue of fake Covid-19 test kits being sold online, Nanta said that the government will take stern action against those involved under the Trademarks Act 2019.

He said those found guilty will face a fine of up to RM10,000 for each item that uses a trademark wrongly, while companies face a maximum fine of RM50,000 for every item. – The Vibes, September 16, 2021

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