June 28, 2022

Malaysian technical committee to propose new ceiling price for chicken

Datuk Seri Ronald Kiandee, Malaysia's Agriculture and Food Industries Minister, said a technical committee has met to discuss and propose a new ceiling price for chicken in the country, as well as set a new subsidy rate for poultry farmers, Bernama reported.

The proposal will be presented to the Malaysian Cabinet before it is announced to the public.

He said the new price takes into consideration the interest of retailers, wholesalers, and poultry breeders so it is reasonable for all parties involved in the industry.

He also said the new proposed price takes into account the cash assistance under the ‘Keluarga Malaysia' (Malaysian Family) aid that was announced by the Prime Minister.

Minister for Domestic Trade and Consumer Affairs Datuk Seri Alexander Nanta Linggi and Chief Secretary to the Government Tan Sri Mohd Zuki Ali were also present at the meeting.

According to Ronald, the meeting also discussed the country's current food security situation, the cost of a few select items, and the implementation of interventions to improve it.

In the fourth week of June, he said, the supply of chicken was expected to remain steady and adequate, and the supply of other goods was also thought to be sufficient to meet the current demand.

Ronald said that the Ministry of Domestic Trade and Consumer Affairs had informed about the most recent prices of a number of products as well as the enforcement actions taken against establishments that were discovered to be in violation of the maximum price set for poultry and eggs.

For the welfare of Malaysian families, he said, the government is committed to continuing efforts to ensure the continuity and accessibility of food supply in the market at affordable prices.

-      Bernama