High Cost Of Living & How To Counter It

LABUAN (Feb 10, 2014): 

As the prices of essential goods and services in Labuan and Sabah have risen steadily, it is imperative that consumers fully exercise their rights.

Since the end of last year, consumers have claimed that some retailers and suppliers had increased the prices of goods.

Business operators on the other hand, have cited fuel costs as the main factor in the escalation of the prices of goods, especially those from mainland Sabah.

Labuan enforcement chief Aslani Dabi told Bernama consumers should boycott errant and unethical traders and fully exercise their rights.

“We must use our rights as consumer by boycotting shops selling goods at unreasonable price, and what is more important, consumers must change their buying pattern to off-set the rising cost of living,” he said.

Aslani said there were many ways of lessening the burden, in view of the rising cost of living. One way is to be thrifty in our spending and not purchase items beyond our affordability.

Labuan Consumer Action Council chairman Fauziah Mohd Din said consumers must not let the government to solely deal with the issue of high cost of living but instead, jointly play their role by fully exercising their rights.

She said boycotting premises which indiscriminately sold goods which were pricey, was one way of 'educating' errant traders to be ethical in business.

Fauziah said under the current situation, with the increase in power tariff, consumers must now start practising a moderate lifestyle.

"Essential items in Labuan are priced higher than those in the mainland of Sabah due to transportation charges. Therefore, consumers must now be wise in controlling their budget, rather than blaming the government," she noted. -- BERNAMA

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PETALING JAYA (Feb 10, 2014): 

Consumers must spend only when there is a necessity and not according to their desire.

In giving the advice, Federation of Malaysian Consumer Associations (Fomca) president Datuk Dr N. Marimuthu said they must also compare prices before deciding to buy.

Consumers must plan their spending wisely to overcome the rising cost of living and increase in prices of essential goods, he told reporters after launching the 2014 National Consumers Day competition today.

The event is to create awareness among consumers on their rights and responsibilities. –Bernama

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* 33-Currencies are available for payment.
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SFI - Strong Future International has a proven Track Record with a BBB Accreditation. 

Better Business Bureau is a tough body when it comes to upholding transparency in online business. The rules have recently become more stringent starting Jan 2014 and being a BBB member it has always complied with all of the BBB rules of doing business thus the reason it's still standing strong. 

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