Mask maker calls for ceiling price lower than RM1
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Title : Mask maker calls for ceiling price lower than RM1
Category : Malaysians
Masks were sold at 20 sen per piece before Covid-19 struck, says a manufacturer.PETALING JAYA: A manufacturer of face masks has urged the government to consider bringing down the ceiling price of the three-ply variety to a rate lower than the recently announced RM1 a piece. Haminuddin Hamid, CEO of Ideal Healthcare, told FMT his company would still make a profit if the masks were sold at 60 sen per piece. He said the raw materials were readily available locally and added that other companies too could make decent profits at prices lower than RM1. He pointed out that Ideal Healthcare’s masks were sold at 20 sen per piece before Covid-19 struck. He proposed that Putrajaya buy masks in bulk from local manufacturers and distribute them to people in the B40 income group, adding that this would discourage profiteering by mask importers. Paul Selvaraj, chief executive of the Federation of…
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