PM: Chicken prices will not be floated

PETALING JAYA: The prices for chicken will not be floated and a new ceiling price will be announced soon, says Prime Minister Datuk Seri Ismail Sabri Yaakob.

The current water and electricity tariff rate for domestic users in Peninsular Malaysia will also be maintained.

He said the government will cover subsidies worth RM5.8bil despite facing a sharp increase in fuel and other costs.

“This means that a rebate of 2 sen/kWh is maintained for all domestic consumers and no surcharge applies.

“There is no electricity tariff increase to domestic consumers in the Peninsula,” he said in a statement on Friday (June 24).

The imposition of a surcharge of 3.70 sen/kWh is maintained on commercial and industrial consumers.

“At the same time, the government also decided the price of chicken in the market will not be floated,” he said.

Ismail Sabri added that the new ceiling price for chicken would be announced by Agriculture and Food Industries Minister Datuk Seri Ronald Kiandee.

“This decision proves the government's concern in protecting the interests of the Malaysian Family, so as not to be burdened with rising prices and cost of living challenges,” he said.

The current ceiling price for standard chicken, which is set at RM8.90 per kg in Peninsular Malaysia, was slated to be removed on July 1.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

MCA calls for MACC Probe on Selangor Mobility Initiative
Local woman found dead ourside apartment in Bundusan, believed fallen from fourth floor
Melaka residents still fear crocodile threats
Effects of fuel subsidy rationalisation is valid public concern, says Muhyiddin
PM’s pol-sec Datuk Azman Abidin is now FT PKR chief, while Rafizi and Nik Nazmi removed
Foreigner arrested over alleged molestation of two-year-old girl
MCA leaders from Federal and state levels must engage with grassroots, says Dr Wee
Perlis tourism exco regains consciousness, in stable condition
Sabah Tourism Minister encourages incorporating nature and urban living into artwork
Man found drowned after falling into river near Segamat

Others Also Read