Latest news with #JualanAgroMADANI
New Straits Times
04-05-2025
- Business
- New Straits Times
Mohamad Sabu: Egg prices unlikely to spike despite subsidy removal
KUALA TERENGGANU: The Ministry of Agriculture and Food Security (KPKM) will increase the production of lower-priced special grade chicken eggs following the government's decision to end egg subsidies from Aug 1, said its minister Datuk Seri Mohamad Sabu. He said the move aims to offer the public more affordable options while helping to stabilise market prices. "We also plan to raise the supply of special grade eggs similar to those sold during Ramadan (March) at RM5 per tray. "This time, we're unsure of the exact price, but we are confident it will not spike uncontrollably," he told reporters after attending Terengganu Pakatan Harapan's Aidilfitri open house here today. On April 30, KPKM announced the subsidy removal and outlined several intervention measures, to be implemented jointly with the Ministry of Domestic Trade and Cost of Living (KPDN), to cushion the impact on consumers. Among the measures is the industry's commitment to introducing special grade eggs at reasonable prices. Mohamad said, aside from special grade eggs, consumers can obtain competitively priced eggs through nationwide initiatives such as Jualan Agro MADANI and Jualan Rahmah. He stressed that the decision to end both the egg subsidy and price controls—as well as the reduction in subsidy rate from RM0.10 to RM0.05 per egg effective May 1—was made through stakeholder consultation. "The decision was reached via engagement. We negotiated first with egg producers and industry players. The removal was done in a soft-landing manner, not abruptly. Therefore, I believe egg prices will not surge," he said. Meanwhile, he encouraged the cultivation of local young coconuts, especially aromatic varieties such as pandan coconuts, to meet rising demand from China. "This presents an opportunity, particularly for Terengganu with its vast land, to focus on a crop that can generate strong returns. China has a population of over 1.4 billion, with more than 800 million having spending power… this is a real economic opportunity," he said. On April 19, Agriculture Department director-general Datuk Nor Sam Alwi said the opening of the fresh coconut market to China under the Phytosanitary Requirements Protocol marked a strengthening of biosecurity measures and the establishment of a more systematic traceability framework for quality young coconut production.
Borneo Post
04-05-2025
- Business
- Borneo Post
Ministry to boost supply of special grade eggs after subsidy removal
A worker arranges trays of eggs at a supermarket in Jalan Song, Kuching. — Photo by Roystein Emmor KUALA TERENGGANU (May 4): The Ministry of Agriculture and Food Security (KPKM) will increase the production of lower-priced special grade chicken eggs following the government's decision to end egg subsidies beginning Aug 1, said its minister Datuk Seri Mohamad Sabu. He said this would provide the public with more affordable egg options while helping to stabilise prices. 'We also aim to increase the supply of cheaper special eggs like those sold during Ramadan (March) recently, which were priced at RM5 per tray. 'This time, we're not sure what the price will be, but we are confident it will not spike uncontrollably,' he told reporters after attending Terengganu Pakatan Harapan's (PH) Aidilfitri Open House here today. On April 30, KPKM announced the subsidy removal and stated that several intervention measures would be implemented jointly with the Ministry of Domestic Trade and Cost of Living (KPDN) to minimise the impact on the people's cost of living. Among these measures, the government has secured the industry's commitment to introduce special grade eggs at reasonable prices. Mohamad said, in addition to special grade eggs, the public can obtain competitively priced eggs through nationwide initiatives such as Jualan Agro MADANI and Jualan Rahmah. He also emphasised that the decision to completely end both the egg subsidy and price controls—as well as the reduction in subsidy rate from RM0.10 to RM0.05 per egg effective May 1—was made through stakeholder engagement. 'The decision was made via consultation. We negotiated first with egg producers and industry players. We also implemented the removal in a soft landing manner, not abruptly. Hence, I believe egg prices will not surge,' he said. Meanwhile, he also encouraged the cultivation of local young coconuts, especially aromatic varieties like pandan coconuts, in response to rising demand from China. 'This presents an opportunity, for example, for Terengganu with its vast land area to focus on this crop which can generate good income. China has a population of over 1.4 billion, with more than 800 million having spending power… this is a real economic opportunity,' he said. On April 19, Agriculture Department Director-General Datuk Nor Sam Alwi said the opening of the fresh coconut market to China under the Phytosanitary Requirements Protocol marks a strengthening of biosecurity measures and the establishment of a more systematic traceability element in quality young coconut production. He said Malaysia will export young coconuts primarily for fresh beverage consumption, with priority given to aromatic varieties such as pandan coconuts, which are known for their unique fragrance and a brix sweetness level of around 6.7. – Bernama egg subsidy cut eggs Ministry of Agriculture and Food Security Mohamad Sabu
Malay Mail
04-05-2025
- Business
- Malay Mail
Mat Sabu: More special grade eggs coming as Malaysia ends subsidies in August
KUALA TERENGGANU, May 4 — The Ministry of Agriculture and Food Security (KPKM) will increase the production of lower-priced special grade chicken eggs following the government's decision to end egg subsidies beginning Aug 1, said its minister Datuk Seri Mohamad Sabu. He said this would provide the public with more affordable egg options while helping to stabilise prices. 'We also aim to increase the supply of cheaper special eggs like those sold during Ramadan (March) recently, which were priced at RM5 per tray. 'This time, we're not sure what the price will be, but we are confident it will not spike uncontrollably,' he told reporters after attending Terengganu Pakatan Harapan's (PH) Aidilfitri Open House here today. On April 30, KPKM announced the subsidy removal and stated that several intervention measures would be implemented jointly with the Ministry of Domestic Trade and Cost of Living (KPDN) to minimise the impact on the people's cost of living. Among these measures, the government has secured the industry's commitment to introduce special grade eggs at reasonable prices. Mohamad said, in addition to special grade eggs, the public can obtain competitively priced eggs through nationwide initiatives such as Jualan Agro MADANI and Jualan Rahmah. He also emphasised that the decision to completely end both the egg subsidy and price controls-as well as the reduction in subsidy rate from RM0.10 to RM0.05 per egg effective May 1-was made through stakeholder engagement. 'The decision was made via consultation. We negotiated first with egg producers and industry players. We also implemented the removal in a soft landing manner, not abruptly. Hence, I believe egg prices will not surge,' he said. Meanwhile, he also encouraged the cultivation of local young coconuts, especially aromatic varieties like pandan coconuts, in response to rising demand from China. 'This presents an opportunity, for example, for Terengganu with its vast land area to focus on this crop which can generate good income. China has a population of over 1.4 billion, with more than 800 million having spending power... this is a real economic opportunity,' he said. On April 19, Agriculture Department Director-General Datuk Nor Sam Alwi said the opening of the fresh coconut market to China under the Phytosanitary Requirements Protocol marks a strengthening of biosecurity measures and the establishment of a more systematic traceability element in quality young coconut production. He said Malaysia will export young coconuts primarily for fresh beverage consumption, with priority given to aromatic varieties such as pandan coconuts, which are known for their unique fragrance and a brix sweetness level of around 6.7. — Bernama
Barnama
04-05-2025
- Business
- Barnama
Ministry To Boost Supply Of Special Grade Eggs After Subsidy Removal
GENERAL KUALA TERENGGANU, May 4 (Bernama) – The Ministry of Agriculture and Food Security (KPKM) will increase the production of lower-priced special grade chicken eggs following the government's decision to end egg subsidies beginning Aug 1, said its minister Datuk Seri Mohamad Sabu. He said this would provide the public with more affordable egg options while helping to stabilise prices. 'We also aim to increase the supply of cheaper special eggs like those sold during Ramadan (March) recently, which were priced at RM5 per tray. 'This time, we're not sure what the price will be, but we are confident it will not spike uncontrollably,' he told reporters after attending Terengganu Pakatan Harapan's (PH) Aidilfitri Open House here today. On April 30, KPKM announced the subsidy removal and stated that several intervention measures would be implemented jointly with the Ministry of Domestic Trade and Cost of Living (KPDN) to minimise the impact on the people's cost of living. Among these measures, the government has secured the industry's commitment to introduce special grade eggs at reasonable prices. Mohamad said, in addition to special grade eggs, the public can obtain competitively priced eggs through nationwide initiatives such as Jualan Agro MADANI and Jualan Rahmah. He also emphasised that the decision to completely end both the egg subsidy and price controls—as well as the reduction in subsidy rate from RM0.10 to RM0.05 per egg effective May 1—was made through stakeholder engagement. 'The decision was made via consultation. We negotiated first with egg producers and industry players. We also implemented the removal in a soft landing manner, not abruptly. Hence, I believe egg prices will not surge,' he said.
The Sun
04-05-2025
- Business
- The Sun
Ministry to boost supply of special grade eggs after subsidy removal
KUALA TERENGGANU: The Ministry of Agriculture and Food Security (KPKM) will increase the production of lower-priced special grade chicken eggs following the government's decision to end egg subsidies beginning Aug 1, said its minister Datuk Seri Mohamad Sabu. He said this would provide the public with more affordable egg options while helping to stabilise prices. 'We also aim to increase the supply of cheaper special eggs like those sold during Ramadan (March) recently, which were priced at RM5 per tray. 'This time, we're not sure what the price will be, but we are confident it will not spike uncontrollably,' he told reporters after attending Terengganu Pakatan Harapan's (PH) Aidilfitri Open House here today. On April 30, KPKM announced the subsidy removal and stated that several intervention measures would be implemented jointly with the Ministry of Domestic Trade and Cost of Living (KPDN) to minimise the impact on the people's cost of living. Among these measures, the government has secured the industry's commitment to introduce special grade eggs at reasonable prices. Mohamad said, in addition to special grade eggs, the public can obtain competitively priced eggs through nationwide initiatives such as Jualan Agro MADANI and Jualan Rahmah. He also emphasised that the decision to completely end both the egg subsidy and price controls—as well as the reduction in subsidy rate from RM0.10 to RM0.05 per egg effective May 1—was made through stakeholder engagement. 'The decision was made via consultation. We negotiated first with egg producers and industry players. We also implemented the removal in a soft landing manner, not abruptly. Hence, I believe egg prices will not surge,' he said. Meanwhile, he also encouraged the cultivation of local young coconuts, especially aromatic varieties like pandan coconuts, in response to rising demand from China. 'This presents an opportunity, for example, for Terengganu with its vast land area to focus on this crop which can generate good income. China has a population of over 1.4 billion, with more than 800 million having spending power... this is a real economic opportunity,' he said. On April 19, Agriculture Department Director-General Datuk Nor Sam Alwi said the opening of the fresh coconut market to China under the Phytosanitary Requirements Protocol marks a strengthening of biosecurity measures and the establishment of a more systematic traceability element in quality young coconut production. He said Malaysia will export young coconuts primarily for fresh beverage consumption, with priority given to aromatic varieties such as pandan coconuts, which are known for their unique fragrance and a brix sweetness level of around 6.7.
