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Byline: Presenna Nambiar
DIRECT selling firm Amway Holdings Bhd will increase the price of its food supplement products by an average of 4.4 per cent this year.
"We have been very watchful of prices and managed to hold prices for two years (until now). This year we will be increasing the prices of certain products, but it will not be an across the board price increase," Amway executive director Paul Yee said after the launch of the group's new headquarters by Domestic Trade, Cooperative and Consumerism Minister Datuk Seri Ismail Sabri Yaakob in Petaling Jaya, Selangor, yesterday.
He said Amway distributors have been informed of the impending price increase. …