Department of Internal Trade and Consumer Affairs to Consider GLCs as Subsidized Cooking Oil Conditioners, Minister Says


Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said he would explore how GLCs could help the 300 licensed businesses and distribution. — photo by Bernama

Tuesday, August 9, 2022 10:53 PM MYT

KUALA LUMPUR, Aug. 9 – The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) will consider suggestions to allow Government Linked Companies (GLCs) to manage the packaging of subsidized cooking oil packs to limit leakage.

His minister, Datuk Seri Alexander Nanta Linggi, said this was under consideration and they would look into how the GLCs could help the 300 licensed companies and distribution.

On reports that states were selling bottled cooking oil above the set maximum price, he said affected traders were told to adhere to the set prices that went into effect yesterday.

He said that although there are provisions for the ministry to take action, they were trying to avoid taking harsh action.

“But if it continues, we will have to take measures to prevent it from affecting consumers,” he said after visiting the ministry’s exhibition booth at the 2022 agriculture expo. Malaysian Agro Tourism and Horticulture (MAHA) at the Malaysian Agro Exposition Park Serdang. (MAEPS) here today.

On a separate question, Alexander added that the cooking oil packs found adrift in Indonesian waters did not belong to Malaysia and, based on information received, they belonged to Indonesians. — Bernama


Comments are closed.