28 Dec '13, 9am

Ice to cost more from Jan 1 in Malaysia

Ice to cost more from Jan 1 in Malaysia

The price of edible tube ice will be increased by 50 sen per bag and RM2.50 (S$0.96) per block of ice from Jan 1. According to a newspaper advertisement by the Tube Ice Manufacturers of Kuala Lumpur, Selangor and Putrajaya on Dec 24, the price hike was unavoidable as the costs of production and distribution had increased. This, said the manufacturers, were because of the increase in electricity tariff and fuel price, and the implementation of minimum wage this year. "The latest revision of electricity tariff (to be increased by 17 per cent) starting next year, and the increase of diesel price by 11.1 per cent since Sept 2 has aggravated matters. The implementation of minimum wage on Jan 1 this year has increased the cost of salaries by 18 per cent. "The cost of plastic bags, tires, and spare parts have also increased over the years. "We have no choice, but to adjust prices...

Full article: http://www.soshiok.com/content/ice-cost-more-jan-1-malaysia

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