FMM: Major price hikes not expected from food producers


The government will abolish the sugar subsidy of RM0.34 starting Saturday.

PETALING JAYA: No major price hikes by food manufacturers are expected for the time being despite the removal of the sugar subsidy, said the Federation of Malaysian Manufacturers (FMM).

Its president Tan Sri Yong Poh Kon said he also expected minimal impact on the consumption of sugar by the manufacturing sector.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , sugar , budget 2014. subsidy , fmm

   

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