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ERC20换TRC20(www.u2u.it):Price of bottled cooking oil expected to drop soon, minister says

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The price of bottled cooking oil is expected to drop soon, in line with the reduction in the raw cooking oil price from RM7,000 per metric tonne to RM3,600 per metric tonne this week, Domestic Trade and Consumer Affairs Minister Alexander Nanta Linggi says. – The Malaysian Insight file pic, July 20, 2022.

THE price of bottled cooking oil is expected to drop soon in line with the reduction in the raw cooking oil price from RM7,000 per metric tonne to RM3,600 per metric tonne this week.

Domestic Trade and Consumer Affairs Minister Alexander Nanta Linggi said in the meantime, the ministry’s strategy to tackle inflation and cost of living by working closely with the special task force has also shown results, especially on chicken and egg issues.

“The five-pronged strategy we are implementing is to control the price of necessities through targeted subsidies; ongoing engagement with industry players to stabilise prices and enhance enforcement by collaborating with all enforcement agencies to reduce leakages especially involving subsidised goods.

“Besides that, we are expanding the Keluarga Malaysia Sales Programme to 613 state constituencies to reduce the people’s burden by offering essential goods 20% cheaper than the local market prices,” he told reporters after ministry monthly gathering today.

He said that the ministry is also advocating small lifestyle changes among consumers to influence the demand and prices of goods in the market, adding that it would continue to enforce the five-pronged strategy to tackle inflation and the rising cost of living.

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Nanta said the ministry believed that the engagement sessions with industry players including the special task force to tackle inflation will have an impact on reducing the prices of cooking oil and other essential goods.

Meanwhile, he said to date Malaysia’s Wholesale and Retail Trade have set a new record in May with a growth of 19.9% year-on-year amounting to RM129.8 billion as announced by the Statistics Department.

“Hence, the ministry has re-evaluated its high-impact initiatives and programmes so that the country’s economic recovery through domestic trade and consumer empowerment continues as planned,” he said.

Earlier in his speech Nanta said the reduction in the compound under the Companies Act 1965 (Act 125) implemented from March 1 to June 30 will be extended for another four months, from July 1 until October 31.

He said this incentive allows companies and company directors to enjoy a 90% compound reduction from the original amount.

Since its introduction, a total of 1,578 have benefitted from the initiative. – Bernama, July 20, 2022.


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  • 2023-01-20 00:08:45

    严寒中的乌克兰设法解决电力供应问题,亦担心俄罗斯发动新的袭击;
    ①周日基辅下起了雪,气温维持在零度左右,基辅及其周边地区数以百万计的人要面对俄罗斯一波又一波空袭造成的电力供应和中央供暖中断。
    ②电网运营商表示,由于天气寒冷,消费者的能源需求不断上升,与此同时维修工人在忙于修复被破坏的电力设施。
    ③该运营商称,在俄罗斯上周三导弹袭击后,发电商一直无法恢复全面供电,别无选择只能通过区域停电来节约能源。
    ④Ukrenergo说,“由于发电能力不足,仍然在实施用电限制,目前仅能满足约20%的需求。”
    ⑤最近几周,莫斯科当局对乌克兰重要基础设施不断发动空袭,造成大范围停电和平民死亡。上周三的新一轮空袭造成冲突爆发九个月来最严重的破坏,数百万人在气温降到0度以下之际没有照明、用水和取暖。
    ⑥总统泽连斯基所在政党的党首David Arakhamiya预测,俄罗斯将在未来一周对基础设施发动新的攻击,预计这一周可能“非常困难”。
    ⑦泽连斯基周六表示,乌克兰27个地区中有14个地区实施用电限制。每个地区有10多万用户受到限电措施的影响。这其中包括首都基辅。 ⑧天气预报预计,基辅的降雪将持续到本周中段,气温仍将在零度以下 我看很耐读哦