Sugar producer wants to increase price by 40 sen per kilo


  • Nation
  • Monday, 15 May 2017

KUALA LUMPUR: MSM Malaysia Holdings Bhd is still in talks with the government to increase the local sugar price by 40 sen per kilogramme to ensure the company's profitability this year.

Felda Global Ventures Holdings Bhd (FGV) group president and chief executive officer Datuk Zakaria Arshad said the volatility in raw sugar prices, coupled with the ringgit's performance had made this year a very challenging one.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Pejuang unperturbed by initial rejection on working with GRS
Covid-19: Health Ministry to issue statement on AstraZeneca vaccine soon, says Dr Dzul
Sabah Immigration sends 226 undocumented migrants back to the Philippines
Fireman hit by breathing issue while putting out fire in Tawau
Sarawak govt identifies 11 river basins for potential power generation, says minister
Wang Leehom slammed for province name confusion
NSRC officers will not call the public, says Bukit Aman
Education autonomy should be legislated to ensure continuity, Sarawak assembly told
SPM candidates to receive results on May 27
KKB by-election: Muhyiddin has done more for Umno than Pakatan, says Kiandee

Others Also Read