Business

Egg supply should stabilise by month-end: Domestic Trade Ministry 

Industry players have agreed to increase production, meet consumer demand 

Updated 3 years ago · Published on 21 Oct 2022 5:58PM

Egg supply should stabilise by month-end: Domestic Trade Ministry 
The Domestic Trade and Consumer Affairs Ministry expects the supply of eggs nationwide to stabilise by the end of this month following the government’s various incentives to address shortages and soaring demand. – The Vibes file pic, October 21, 2022

MELAKA – The supply of eggs nationwide is expected to stabilise by the end of this month following the government’s various incentives to address shortages and soaring demand.

The Domestic Trade and Consumer Affairs Ministry deputy secretary-general (domestic trade development) Datuk Roziah Abudin said industry players have expressed their commitment to further increase egg production to meet consumer demand in a consultative meeting.

 “The government has also provided subsidies, and module assistance to farmers to cope with the increase in operating costs, including raw materials, to stabilise egg supplies.

 “From the data we have received, the production of eggs has declined by 5% to 10%,” she told reporters after attending the launch of the Deepavali Festival Maximum Price Scheme here today.

Meanwhile, in Kangar, the ministry’s Perlis branch assured that the state’s egg supply was sufficient except for reported shortages in several areas.

The ministry’s state enforcement officer Mohamad Amir Abdullah said his team would continuously monitor the supply and price of the two controlled items in the market.

On the issue of handling charges on eggs imposed by suppliers on retailers, Amir said there have been no complaints from consumers in the state so far.

 He said the ministry will ensure that eggs are sold at the set prices at all levels so as not to burden consumers.

 “If the suppliers are charging retailers, we will ask for supporting documents as proof to enable us to investigate further,” he added. – Bernama, October 21, 2022

Related News

Malaysia / 1mth

PM Anwar: Putin assured Malaysia’s energy supply for next 20 years

Malaysia / 1mth

Malaysia ensures secure energy supply through international strategic cooperation – PM

Malaysia / 1mth

Malaysia's oil supply still sufficient - Amir Hamzah

Malaysia / 1mth

Malaysia's energy supply sufficient until July - PM Anwar

Malaysia / 3mth

No disruption in medical device supply due to West Asian conflicts – Dr Dzulkefly

Malaysia / 3mth

Petronas to negotiate oil purchase with Russia to secure national supply

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

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

Business

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

Business

Central bank policies remain crucial in shaping currency market movements

By Alfian Z.M. Tahir

Business

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

Business

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

Business

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