MSM calls for speedy decision on sugar prices

Sugar ceiling prices are currently set at RM2.85 per kg for coarse sugar and RM2.95 per kg for refined sugar.

KUALA LUMPUR: MSM Malaysia Holdings Bhd has reiterated its call for an increase in the ceiling prices for sugar and it is confident of getting a response for the government soon.

Group chief executive officer Syed Feizal Syed Mohammad said Malaysia’s sugar-controlled price is the cheapest in the region and the world, despite many neighbouring countries like Indonesia and Thailand increasing prices to overcome high input costs.