Price controls set to be back for Deepavali

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Price controls set to be back for Deepavali
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SINGAPORE: The wife and four children of a doctor who died in 2021 tussled in court over his life savings of S$4 million, even though he made a will in 2012 stating that the money held in two bank accounts should be equally divided among his four children.

PUTRAJAYA: The lifting of subsidies and price controls on chicken, which will save the government RM100mil a month, is likely to be reversed within a week.

However, the reversal is likely to be only temporary with prices floated again after the festival, said Datuk Chan Foong Hin. “Although the government had previously set the maximum retail price for chicken at RM9.40 per kg, traders at retail level imposed additional charges ranging from RM1 to RM2 per kg, resulting in the price of chicken rising to RM10.40 per kg,” he told a media briefing at the ministry.

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