Malaysia's domestic renewable energy sector may experience accelerated growth due to increased US solar tariffs, according to experts' assessments.
Breaking News: Malaysia to Boost Affordable Special Grade Chicken Eggs After Egg Subsidy Ends
KUALA TERENNGANU, May 4 - Get ready to crack some cheaper eggs! The Ministry of Agriculture and Food Security (KPKM) is gearing up to increase production of special grade chicken eggs following the government's decision to roll back egg subsidies beginning August 1.
Minister Datuk Seri Mohamad Sabu shared this exciting news with reporters, explaining that the move aims to provide the public with a more budget-friendly egg option while ensuring price stability.
During the Pasaran Ramadan (March) this year, special grade eggs were sold at RM5 per tray, but the minister couldn't confirm the exact pricing this time around. Regardless, he's confident that the price hike won't break the bank.
"We're not going to let your pocket feel the sting!" he assured.
In preparation for the subsidy withdrawal, the government has partnered with the Ministry of Domestic Trade and Cost of Living (KPDN) to implement a series of measures to minimize the public's financial burden. One of these measures includes market commitments for special grade eggs at reasonable prices.
On top of special grade eggs, consumers can also check out nationwide initiatives like Jualan Agro MADANI and Jualan Rahmah for affordable egg options.
The decision to end egg subsidies and loosen price controls was made through collaborative discussions with industry stakeholders, claims Mohamad. And rest assured, the changes are being implemented gradually to avoid a sudden increase in egg prices.
In an effort to capitalize on the growing demand, the minister also brought up the idea of cultivating local aromatic young coconuts, such as pandan coconuts, for the Chinese market. With over 1.4 billion people in China, this could be a goldmine, he suggested.
Previously, the Agriculture Department Director-General Datuk Nor Sam Alwi stated that the opening of the fresh young coconut market to China under the Phytosanitary Requirements Protocol reflects strengthened biosecurity measures and increased standardization in quality young coconut production[1]. Malaysia plans to primarily export these fragrant young coconuts for fresh beverage consumption[2].
[1] https://www.malaysiakini.com/news/702694[2] https://www.theedgemarkets.com/article/malay-agriculture-eyes-exports-aromatic-coconuts-china[3] https://www.astroawani.com/berita-nasional/special-grade-eggs-prices-to-remain-affordable-after-subsidies-ended-484847[4] https://www.thestar.com.my/business/business-news/2023/04/25/will-subsidy-removal-boost-egg-production[5] https://www.malaysia-today.net/malaysia/2023/04/26/subsidy-removal-may-lead-to-higher-egg-prices-national-feedmill-association/
- The Malaysian government is working with the Ministry of Domestic Trade and Cost of Living to minimize financial burden on the public as they prepare to end egg subsidies.
- To cater to a more budget-friendly market, the Ministry of Agriculture and Food Security is focusing on increasing the production of special grade chicken eggs in Malaysia.
- In addition to special grade eggs, consumers can find affordable options through nationwide initiatives like Jualan Agro MADANI and Jualan Rahmah.
- Despite the end of egg subsidies, the government is implementing changes gradually to prevent a sudden increase in egg prices.
- In collaboration with industry stakeholders, the Malaysian government plans to capitalize on opportunities in the growing demand, such as the export of local aromatic young coconuts like pandan coconuts to the Chinese market.
- The Agriculture Department Director-General, Datuk Nor Sam Alwi, has stated that the opening of the fresh young coconut market to China under the Phytosanitary Requirements Protocol reflects Malaysia's commitment to strengthening biosecurity measures and quality standardization in young coconut production.
- Beyond agriculture, the government is looking to environmental-science, finance, and other sectors to ensure a sustainable energy future for Malaysia, recognizing the intricate interplay between these domains in fostering a thriving culture and strong economy in Kuala Lumpur and beyond.
