10 major supermarkets in Malaysia offering price cuts to help people cope with inflation
SERDANG (THE STAR/ASIA NEWS NETWORK) - Ten major supermarkets and hypermarkets across Malaysia will reduce prices of 4,000 selected products by up to 70 per cent to ease the burden of the people due to the rising cost of living.
"Today, we are launching a Price Reduction Campaign and 10 major companies with 955 outlets nationwide will participate," Prime Minister Najib Razak said when launching the campaign at AEON Balakong here on Wednesday.
He said that discounts of between 15 and 70 per cent would be offered on some 4,000 selected products for a period of six months.
"The price reductions are big and this will surely be felt and enjoyed by the rakyat (people)," he said, adding that the exercise is part of the government's effort to cushion the rising cost of living.