KUALA LUMPUR: The nation's sugar industry will"crash" if its current price structure is not reviewed, says Fuziah Salleh.
She explained that the country's two largest sugar producers – MSM Malaysia Holdings Bhd and Central Sugars Refinery Sdn Bhd – had to import 100% of raw sugar. "Raw sugar makes up 80% of the production cost for local sugar manufacturers and operational cost is 10%.Owing to the cost pressure on the two manufacturers, she said the government allowed the production of premium sugar in May as a form of cross-subsidy for them to stay afloat.
Fuziah was responding to a question by Datuk Rosol Wahid who said that the previous Perikatan Nasional administration took measures to ensure the price of sugar did not increase.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: