Minister expects price of rice to come down after ending monopoly


Salahuddin (centre) accepting the RM1mil donation from Yeo Koo Lian for Tabung Harapan Malaysia.Looking on is Bakri MP Yeo Bee Yin (right).— Bernama

Salahuddin (centre) accepting the RM1mil donation from Yeo Koo Lian for Tabung Harapan Malaysia.Looking on is Bakri MP Yeo Bee Yin (right).— Bernama

MUAR: Prices of rice will come down eventually since Padiberas Nasional Bhd (Bernas) no longer has a monopoly over rice import, says Salahuddin Ayub.

The Agriculture and Agro-based Industries Minister said the move would benefit consumers as they could choose the rice they want.

He said the ministry, the National Agriculture Advisory Council and the corporate sector would sit together to come up with the “best business model” on the country’s rice import.

“Bernas will still import rice but other companies will be doing that as well,” Salahuddin said after receiving RM1mil donation for Tabung Harapan Malaysia from YKL Group chairman Yeo Koo Lian at Taman Sri Kaseh, Bakri near here yesterday.

Salahuddin said the decision by the Government to break the monopoly by Bernas was to ensure food security.

“We want to reduce the risk of being too dependent on one party to import rice,” he said.

Salahuddin said the ministry also welcomed netizens to share their opinions and suggestions on how to improve the country’s rice import and distribution.

He said it was important to get public feedback as at the end of the day, they were the ones who pay for the rice. Currently, Malaysia imports most of its rice from China, Thailand and Vietnam.