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Malaysia will continue to impose price ceiling on chickens, says PM Sabri

CNA – The Malaysian government has decided not to float the price of chicken which was expected to take effect from July 1.

Instead, a new price ceiling will be announced soon by the Agriculture and Food Industries Ministry (MAFI), said Prime Minister Dato’ Sri Ismail Sabri Yaakob in a statement yesterday.

“The decision made proves the government’s concern in safeguarding the interests of Malaysian families so that they are not burdened by rising prices and by the challenges of cost of living,” he said.

On Monday, Domestic Trade and Consumer Affairs Minister Alexander Nanta Linggi said that Malaysia would discontinue price ceiling controls for chicken and chicken eggs from July 1.

He said the move was to stabilise the supply of food in the market, as well as prices in the long run.

The maximum retail price of standard chicken in Malaysia is currently MYR8.90 per kilogramme. These are chickens that have been processed, and are sold with head, feet and organs.

Whole chickens sold at a stall at the Jalan Othman market in Petaling Jaya, Selangor. PHOTO: CNA

The maximum retail price for super whole chicken – which is slaughtered and cleaned, and then sold without feet, head, and organs – is presently set at MYR9.90 per kilogramme.

Previously, the government had also announced that it would stop giving subsidies to poultry farmers from July 1.

Following the announcement, poultry farmers had reportedly expressed the hope that the government would allow the price of chicken to be floated.

Starting June 1, Malaysia had banned the exports of chicken to resolve the supply and pricing issues faced in the country.

Malaysia has been facing a shortage in supply of chickens, with the price of chickens skyrocketing due to the costs of breeding them.

Malaysia had previously exported 3.6 million chickens a month to Singapore.

In his statement yesterday, Dato’ Sri Ismail Sabri also announced that electricity and water tariffs will not be increased in Peninsular Malaysia and that the rates will remain as they are for now. “With this decision, the government is committed to cover the subsidy of MYR5.8 billion, despite the sharp increase in the cost of fuel and other generation costs,” he said.

On Wednesday, Dato’ Sri Ismail Sabri unveiled an additional financial assistance totalling MYR630 million (USD143 million) to help the bottom 40 per cent households cope with the rising costs of living.

Eligible households, senior citizens and single individuals will receive MYR100 or MYR50 of cash from June 27.

Opposition leaders, however, have criticised the financial aid as insufficient.

They had also demanded that the government announce a comprehensive plan on managing the rising costs, adding that it would call for a mass mobilisation to voice the people’s anger.