Govt to introduce flexible ceiling price to ensure Malaysia’s food security, says PM Ismail Sabri

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KUALA LUMPUR, June 13 — Introducing a flexible ceiling price that changes according to price input factors is one of the measures to be taken by the government in a bid to ensure...

KUALA LUMPUR, June 13 — Introducing a flexible ceiling price that changes according to price input factors is one of the measures to be taken by the government in a bid to ensure food security in the country, Prime Minister Datuk Seri Ismail Sabri Yaakob.

“This is to reduce dependence on food imports. This matter will be further discussed in a meeting with the Mentri Besar and Chief Ministers soon,” he said in a statement here today. The meeting also involved presentations by Khazanah Research Institute , Malaysian Productivity Corporation , Malaysian Semiconductor Industry Association and industry representatives.

“For example, the supply and price of chicken can be controlled if the relevant agencies were involved in the chicken breeding industry ecosystem right from supplying chicks, chicken feed, transportation, marketing and so on,” he said.

 

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