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Guan Eng: Monopolies to be blamed for prices not coming down

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Putrajaya has blamed the monopolies of controlled items – like sugar – as being among the reasons for the price of goods not coming down since the zero-rating of GST on June 1.
In a question-and-answer session at Dewan Negara this morning, Finance Minister Lim Guan Eng said the government is conducting research on the matter and a new sugar price would be announced to curb inflation.
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