Ending chicken subsidy, price controls not licence to raise prices, say traders

Chicken trader Zaini Shaari, 54, (right) attending to a customer at Pasar Ayam in Amanjaya UTC in Ipoh. - Photo: Bernama

KUALA LUMPUR: From Wednesday (Nov 1), chicken prices will be determined by market forces after the government announced the end of chicken price controls and subsidies on Monday (Oct 30) as a measure to reduce leakages enjoyed by foreigners and high-income earners.

The termination of the chicken price control supports the sustainability of the local chicken production industry and allows the government to increase various socio-economic initiatives and people's welfare including cash assistance.