M Update, 30/1/2019 – The national Malaysian Co-operative (Angkasa) is identifying 3,000 shops for its Basic Necesssities project (BA100) that offers items at discount prices. Under this programme, consumers can purchased 100 basic necessities at prices 10 to 20 per cent lower than market price. Among the basic necessities were flour, sugar, cooking oil and rice packs.
The aim for this project is to help the needy and show that the co-operative can play an important role in the community. According to the Angkasa President, Fattah Abdullah said that this programme system will be roll out before Ramadan. He also inform currently basic items were expensive as they still needed to go through various stages from the factory. In between, there is the manufacture, producer, middleman, and wholesaler and in each stage there is cost. They also want to eliminate the cost and get the things directly form the manufacturer and provide the people a cheaper option. This is the way to help reduce the rising cost of living.