Price of eggs to drop on Dec 6

PUTRAJAYA: Agriculture and Food Security Minister Mohamad Sabu will be announcing the new lower price of eggs on Tuesday (Dec 6).

Prime Minister Datuk Seri Anwar Ibrahim said this after discussing the matter with the minister with the aim of reducing dependence on cartels.

"There are some measures expected to be announced by him (Mohamad Sabu) tomorrow (Dec 6) with lower prices.

“So we hope that the amount of eggs distributed in the market will be enough and the price will be reduced," he told a press conference here on Monday (Dec 5).

Separately, Anwar revealed that he had given tycoon Tan Sri Syed Mokhtar Al-Bukhary a talking-to about the monopoly on rice imports by Bernas (Padiberas Nasional Berhad).

“This import permit is not a concession and not a form of reward for him, but instead given to Bernas.

“The government under my leadership will not allow monopolies over supply chains by the politically-connected elite,” he said.

According to reports, Bernas controls 30.6% of the local rice market where it imports rice from countries such as Thailand and Myanmar.