Malaysia

[UPDATED] Govt mulls steps to help F&B sector with rising costs: Rafizi

Economy minister to meet people in industry for solutions

Updated 3 years ago · Published on 27 Jan 2023 6:30PM

[UPDATED] Govt mulls steps to help F&B sector with rising costs: Rafizi
Economy Minister Rafizi Ramli has said that several steps are being refined to help those in the food and beverage sector to deal with rising costs. – ALIF OMAR/The Vibes pic, January 27, 2023

KUALA LUMPUR – Several measures are being refined to help traders and food and beverage operators deal with rising costs, Rafizi Ramli said.

The economy minister, who has been urging consumers to boycott eateries which charge unreasonably as a solution to lowering prices, said he would be meeting with representatives of the food and beverage (F&B) industry on possible steps by the government and restaurateurs to overcome high operating costs.

“Some of the measures being finetuned include expanding the gig workforce model in the restaurant sector and F&B industry.

“This is part of efforts to streamline the labour market with the demands of the economic sector, as part of overall efforts to restructure the country’s economy,” he said in a statement.

Rafizi, who has come under fire for being simplistic in relying on boycotts to lower prices, added that he was aware of the challenges restaurateurs faced.

“They face increasing costs in other areas, such as employee salaries following the minimum wage increment to RM1,500,” he said.

“In the near future, I will meet with F&B industry representatives to reciprocally discuss possible steps that could be taken by the government, restaurant operators and food traders.”

Rafizi also acknowledged the views of Malaysian Muslim Restaurant Owners Association (Presma) president Datuk Jawahar Ali Taib Khan which were aired on an Astro Awani programme last night.

“Jawahar’s views are well received regarding roles to be played by the government, businesses, and consumers in dealing with the price increase in food and beverages,” the minister said.

“His views for consumers to be more aware of price increases, and to be smart with choosing eateries that offer better prices is in line with the government’s.”

Rafizi also reiterated the disparity between inflation reduction and retail prices that continued to remain high.

“Despite December’s inflation dropping to 3.8% from 4% a month prior, the price ranges in restaurants and hotels are the only ones that have not dropped.

“Restaurants’ price ranges increased by 7.4% in December, although the figure was at only 7% the month before.”

Curbing inflation requires the cooperation of all parties, he added.

Rafizi has repeatedly called on consumers to be selective when patronising restaurants and other eateries that refuse to lower their prices, despite the costs of raw materials having been reduced.

He alleged that it was “the only way” for retailers to react, stating that they will have no choice but to bring their prices down when they do not get a response on their selling prices. – The Vibes, January 27, 2023

Related News

Malaysia / 2y

Kuching ‘hipster cafe’ nominated for major global culinary award

Malaysia / 2y

7.7 mil people registered in Padu, 2.5 mil cyberattacks, but not one success: Rafizi

Malaysia / 2y

Something fishy: More leaders berate Rafizi as Padu deadline draws near

Malaysia / 2y

Padu system to avoid leakages in distribution of subsidies, aid, says PM

Malaysia / 2y

Progressive wage policy a strategy to boost employee compensation

Malaysia / 2y

Rafizi says RON95 targeted subsidy to start after June 2024

Spotlight

Opinion

“I’m not a war criminal, I’m a patriot”: Shavendra Silva’s amnesia tour meets the receipts

By Abbi Kanthasamy

Malaysia

British management on trial – does a royal management institute deliver value?

Malaysia

Doctor among five killed in Sarawak Flying Doctor helicopter crash identified

Malaysia

Nearly 10,000 potential fire hotspots detected on RSPO-managed land

Malaysia

Undang Yang Empat produces letter allegedly confirming Tuanku Muhriz’s removal

Malaysia

Northern Malaysia must prepare for the consequences of lower rainfall

Malaysia

Helicopter crashes during flying doctor service mission in Sarawak

You may be interested

Malaysia

Anwar: RM400 aid only part of broader support for smallholders

Malaysia

Plot to topple government: Probe not only Hadi, but Takiyuddin and Samsuri also, says Rayer

By Ian McIntyre

Malaysia

Malaysia ready to help Indonesia tackle fires; Sharp rise in dengue cases

By Alfian Z.M. Tahir

Malaysia

Serian air quality remains very unhealthy as haze spreads

Malaysia

Jakarta airport reopens as Anak Krakatau ash disruption eases

Malaysia

West Asia tensions push unsubsidised fuel prices up 25 sen

Malaysia

PH warns BN it is ready to go it alone as uncertainty rises in Melaka

Malaysia

Super El Niño could drive Malaysia temperatures to 40°c in 2027