PUTRAJAYA, July 26 — The gazetting of the maximum retail price of pure cooking oil in bottles will be implemented by taking into account the interests of the industry and the welfare of the consumers, Deputy Minister of Domestic Trade and Consumer Affairs Datuk Rosol Wahid said.
“We have to put a balance, traders need to run their business wisely and the consumers must also be smart,” he said after the pre-launch of the 2022 Malaysian Sale Programme’s Spend and Win Lucky Draw here today. Annuar said the move was deemed necessary after discussions held with the industry to lower the price of cooking oil were proven ineffective despite the decline in crude palm oil prices.
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