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Market forces determine cooking oil prices, not govt, says minister | The Malaysian Insight

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Market forces determine cooking oil prices, not govt, says minister

Bottled cooking oil is sold at market price without any subsidy and its price is based on the floating mechanism, says Domestic Trade and Consumer Affairs Minister Alexander Nanta Linggi. – AFP pic, April 25, 2021.

PUTRAJAYA does not control or set retail prices of bottled cooking oil, said Domestic Trade and Consumer Affairs Minister Alexander Nanta Linggi. In a statement, he said bottled cooking oil was sold at market price without any subsidy and its price was based on the floating mechanism. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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Yes agreed but make sure no one is profiteering we don't want an issue where the profit increases every kilometer,the ministry must be aware of this hanky-panky..many hungry wolfs around

Failed la Kerajaan ni. Cepat la buat PRU

Wow...senang...sapu tangan..

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