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SINGAPORE (The Straits Times/Asia News Network): Some poultry sellers here said they may have to shut their stalls temporarily when Malaysia halts its exports of chickens in June, while others expect a price hike of about 10 to 30 per cent.
JOHOR BARU: The supply of chicken in the state is sufficient though the quality is limited in several locations, says Domestic Trade and Consumer Affairs Ministry.
KUALA LUMPUR: S P Setia posted a net profit of RM67.5mil in the first quarter ended March 31, compared with RM75.23mil in the same quarter last year.
KUALA LUMPUR: E-hailing service providers should investigate the claims of price hikes and provide explanations to the consumers, says Transport Minister Datuk Seri Dr Wee Ka Siong.
PETALING JAYA: Reducing the red tape may help address the rising cost of living and food shortages, say consumer associations.
KUALA LUMPUR: The government will monitor ehailing services from time to time as well as gather and analyse information before any changes are made, including regarding the proposed fare regulatory mechanism.
KUALA LUMPUR: Ministry of Plantation Industries and Commodities (MPIC) is in the midst of discussions with the Ministry of Finance (MoF) to look into the viability of slashing Malaysia’s palm oil export tax to 4-6 per cent from the current 8 per cent.
PETALING JAYA: Local traders are expecting a price hike and supply shock as global wheat prices soar to record highs as a result of a double whammy – the Russian-Ukraine war and India’s ban on exports.
Indonesian President Jokowi calls for weekly energy and food security meetings amid the global economic turmoil
Amid the global economic turmoil caused by the Russian invasion of Ukraine, President Joko “Jokowi” Widodo has called for weekly limited Cabinet meetings to address energy issues and food security.