Malaysia to halt export of 3.6 million chickens from June amid Shortage

Spread the love

[ad_1]

The government set a ceiling price of 8.9 ringgit ($2) per chicken and said it would recognize more slaughterhouses abroad in a bid to boost local supplies and curtail rising prices, according to a statement on Monday.

Malaysia will halt exports of 3.6 million chickens a month from June 1 and scrap the approved permit requirement for importing wheat until production and prices stabilize, Prime Minister Ismail Sabri Yaakob said.

The government set a ceiling price of 8.9 ringgit ($2) per chicken and said it would recognize more slaughterhouses abroad in a bid to boost local supplies and curtail rising prices, according to a statement on Monday.

The measures come days after Ismail abolished the approved permit rules for imports of food items including chicken, coconut and evaporated milk to secure adequate food supplies in the country. The move is likely to impact neighboring Singapore, which sources a third of its chicken supply from Malaysia, according to data from the Singapore Food Agency.

The Malaysia Competition Commission is investigating reports that there are cartels that control the price and output of chicken among large companies, Ismail said, promising stern action against those found sabotaging supply.

Malaysia joins other governments in taking steps to secure their own supplies with food costs surging to records as the Ukraine war chokes crop supplies, piling inflationary pain on consumers. Food prices in the Southeast Asian nation jumped 4% year-on-year in March, the most since December 2017, as the costs of chicken and vegetables spiked more than 10%.

 


Close Story

[ad_2]

Source link

Tags:

3 thoughts on “Malaysia to halt export of 3.6 million chickens from June amid Shortage

  1. Polyclonal cell clusters derived from the primary tumor give rise to polyclonal seeding events, followed by either monoclonal or multiclonal outgrowth depending on tissue site cialis prescription online This procedure may not require the removal of your tooth for placement

Leave a Reply

Your email address will not be published. Required fields are marked *