Targeted subsidies: Small industry players given ample time, says Salahuddin

ALOR SETAR, July 21 — Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub said the government will give small industry players, including packet cooking oil suppliers, at least two years to be fully prepared before implementing the targeted subsidy system.

“KPDN gave several constructive and proactive advices to small industry players, including the packet cooking oil suppliers, to come up with their best business plans in order to be competitive. In this world no industry can stay the same with their old ways,” he said. “The 60,000 metric tonnes of cooking oil subsidised per month at present will definitely be reduced when we implement the targeted subsidy.

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