Egg subsidy cut won’t crack prices


End of the sunny side: A shopper buying eggs at a grocery store. The government’s decision to cut subsidies for eggs from 10sen to 5sen per egg and end price controls for the item began yesterday. The subsidy will be fully discontinued on Aug 1. — ART CHEN/The Star

PETALING JAYA: The removal of egg subsidies will have almost no impact on the price of omelettes, noodles and pastries, say bakers and restaurateurs, as egg prices have hit the lowest level in recent memory.

“I have never seen the price of eggs this low,” said Che Mamat Chemod, a veteran of the local restaurant group, Persatuan Sahabat Tomyam Prihatin Semalaysia.

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