KUCHING, June 2: The price ceiling affecting chicken and eggs which was set to end on June 5 has been extended to June 30, says Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Alexander Nanta Linggi.
According to a statement issued by Nanta today, the extension was decided by the Cabinet during its meeting on June 1.
“The extension aims to ensure consumers are prepared for the change in prices when the scheme ends on June 30.
“The ceiling price of standard chicken was set at RM8.90 per kg for four months from Feb 5 to June 5.
“The price for whole super chicken is RM9.90 per kg, while ceiling prices for grade A eggs are set at 43 sen per egg, grade B eggs at 41 sen per egg while grade C is 39 sen per egg,” he said.
Nanta went on to say that the maximum price for chicken and eggs for Langkawi, Sabah, Sarawak, and Labuan differs according to zones and districts.
“For more information, please refer to the price list of the ‘Penentuan Harga Maksimum Ayam dan Telur Ayam Berkuat Kuasa 5 Februari Hingga 5 Jun 2022’ (which has now been extended until 30 June 2022) which has been distributed previously,” he added.
He further explained that the Finance Ministry will look into the proposal for subsidies to be given to target groups and those in the low-income bracket.
“The study will include the subsidy rate and the right mechanism to channel the aid to address the increase in prices when the maximum ceiling price scheme ends,” he added.
“KPDNHEP’s enforcement officers will step up surveillance and enforcement to ensure the supply of essential goods is stable and that there is no profiteering.
“The government reminds the business community to always be ethical in doing business and not to take advantage of unreasonable profits,” he mentioned.
“The implementation of this pricing will be effective if all parties can play their respective roles, including by channeling complaints and information to KPDNHEP if there are any parties who violate the law,” he advised. — DayakDaily