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

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

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!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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..

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kuala Lumpur wholesale market closing for 3rd time, 170 Covid-19 cases reported | The Malaysian InsightKuala Lumpur wholesale market closing for 3rd time, 170 Covid-19 cases reported
Source: msianinsight - 🏆 8. / 63 Read more »

KL wholesale market to close from tomorrow after Covid-19 spike | The Malaysian InsightKL wholesale market to close from tomorrow after Covid-19 spike
Source: msianinsight - 🏆 8. / 63 Read more »

Workers at KL wholesale market want vaccination priority after another outbreak | The Malaysian InsightIt would cost more than a million ringgit for everyone if everyone goes for screenings frequently.
Source: msianinsight - 🏆 8. / 63 Read more »

Aladdin1 Malaysia joins growing Muslim-friendly market | The Malaysian InsightHalal-focused digital commerce platform aims to provide SMEs access to global Muslim market.
Source: msianinsight - 🏆 8. / 63 Read more »

MAS, AirAsia win bid to quash RM10mil fine over market sharing dealThe Court of Appeal rules that the collaboration agreement was discussed before the Competition Act came into force. FMTNews MAS Airasia MyCC
Source: fmtoday - 🏆 5. / 72 Read more »