Business

Price of eggs won’t be floated for now: Fuziah

Deputy domestic trade minister says govt sticking to stance, in final phase of stabilising supply

Updated 3 years ago · Published on 12 Jan 2023 5:54PM

Price of eggs won’t be floated for now: Fuziah
Deputy Domestic Trade and Cost of Living Minister Fuziah Salleh says the ministry is investigating claims that egg retailers are imposing additional transport and handling charges, which burdens consumers. – SYEDA IMRAN/The Vibes file pic, January 12, 2023

ALOR STAR – The government is sticking to its stance and will not float the price of eggs and keep it below the control price, said Deputy Domestic Trade and Cost of Living Minister Fuziah Salleh.

She said although there were requests from certain quarters, the government preferred to control the price of eggs for the time being.

“This issue involves the supply (of eggs) and the control price. In terms of the supply, we are in the final phase of stabilising it.

“As for the control price, Prime Minister Datuk Seri Anwar Ibrahim himself has expressed intent to control the price of eggs, but it will only last until our economy recovers and consumers have purchasing power.

“So far, we are still sticking to the stance of maintaining what we have now,” she told reporters after launching the ministry’s Aduan Suri dan Peremajaan Semula Saluran Aduan Kepenggunaan initiative in conjunction with the Jualan Rahmah Carnival, here today.

Meanwhile, when asked about allegations that some egg retailers were burdening consumers by imposing additional charges for transport and handling costs, Fuziah said the ministry was investigating the matter.

She said in this issue the government cannot blame retailers because the egg supply was not bought at wholesale prices.

“We cannot place the blame entirely on the retailers. We will cooperate with several ministries to investigate the matter,” she said. – Bernama, January 12, 2023

Related News

Malaysia / 3mth

Sarawak allocates RM876.2 million to help people cope with cost of living

Malaysia / 1y

PKR sec-gen Fuziah confirms staying out of party polls

Malaysia / 1y

Government appoints two universities to study high cost of living in East Malaysia

Videos / 1y

Better economy won’t lower cost of living, say experts

Malaysia / 1y

Better economy won’t lower cost of living, say experts

Malaysia / 2y

RM5k salary and I have to eat Maggi at the end of every month, says doctor

Spotlight

Malaysia

After Johor, the uncomfortable question for Anwar’s critics: Were we too impatient?

By The Vibes Says

Malaysia

Network School's business licences revoked, to cease operations tomorrow

Opinion

Orang Asli in Pahang: Token gestures or genuine recognition?

Malaysia

Tuition teacher sentenced to 105 years in prison and 70 lashes for raping daughter

Malaysia

Azam Baki denies involvement in RM178.29 million contract linked to brother’s company

Malaysia

Aminuddin urges NS voters to weigh manifesto promising benefits for M40 and B40 groups

Malaysia

No need to resign, PM has absolute power if there is doubt – Ahmad Zahid

World

Gaza’s water crisis deepens as families face thirst, disease and collapsing sanitation systems

You may be interested

Business

Govt boosts SME digitalisation support with new smart manufacturing co-investment scheme

Business

Oil prices rally above US$84 per barrel as US-Iran conflict deepens

Business

Oil prices near five-week high as US-Iran conflict fuels supply concerns

Business

Plastics industry faces tough year as raw material volatility add to cost pressures

Business

Malaysia posts record RM340.9 billion trade in June as exports jump 45.4%

Business

Central bank policies remain crucial in shaping currency market movements

By Alfian Z.M. Tahir