Malaysia

Ministry to consider GLCs as subsidised cooking oil packagers: Nanta

It will study how to help the 300 licensed companies, distribution, says domestic trade minister

Updated 3 years ago · Published on 10 Aug 2022 6:50AM

Ministry to consider GLCs as subsidised cooking oil packagers: Nanta
On reports that states are selling bottled cooking oil above the set maximum price, Datuk Seri Alexander Nanta Linggi says the Domestic Trade and Consumer Affairs Ministry has asked the traders involved to adhere to the set prices that came into effect on Monday. – Bernama pic, August 10, 2022

KUALA LUMPUR – The Domestic Trade and Consumer Affairs Ministry will study suggestions to allow government-linked companies (GLC) to handle the packaging of subsidised cooking oil packs to curb leakages.

Its minister, Datuk Seri Alexander Nanta Linggi said that it is being considered and they will study how GLCs can help the 300 licensed companies and the distribution.

On reports that states are selling bottled cooking oil above the set maximum price, he said the traders involved were asked to adhere to the set prices that came into effect Monday.

He said although there are provisions allowing the ministry to take action, they are trying to avoid taking stern action.

“But if this goes on, we will have to take action to avoid it impacting consumers,” he said after visiting the ministry’s exhibition booth at the 2022 Malaysian Agriculture, Horticulture and Agro-Tourism exhibition at the Malaysian Agro Exposition Park Serdang here yesterday.

On a separate issue, Nanta added that the cooking oil packs found drifting in Indonesian waters were not owned by Malaysia, and based on information received, they were Indonesian-owned. – Bernama, August 10, 2022

Related News

Malaysia / 4mth

Ban on foreigners buying subsidised cooking oil effective from March 1

Malaysia / 6mth

Sabah government reshuffles GLC leaderships

Malaysia / 11mth

Cooking oil being sold as prayer oil to devotees, claims association

Malaysia / 1y

GLICs urged to invest around RM120b over five years for economic growth

Malaysia / 1y

PM: All GLC appointments must undergo  stringent vetting process

Malaysia / 2y

Highway concessionaires hold absolute rights to toll collection, says minister

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Malaysia

Woman molested on her way home from work (video)

Malaysia

Three men denied bail in child sexual assault abuse scandal

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Police press ahead with probe despite TikToker’s public apology over Tok Batin claims

Malaysia

EPF to shut all remittance counters nationwide from July 1 in major digital services push

Malaysia

Anwar congratulates Modi on becoming India's longest-serving elected PM

Malaysia

Perlis sole opposition member tells PAS, Bersatu to quit politicking and serve the people

By Ian McIntyre

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir