Strengthen domestic market, resources to tackle spike in prices of goods: Analysts

KUALA LUMPUR: The government needs to take bold steps to reduce dependence on imported goods by empowering domestic production and marketing as a sustainable measure to address the spike in price of goods. The head of the Laboratory of Agricultural and Food Policy Studies at the Institute of Tropical Agriculture and Food Security (ITAFoS), Universiti Putra Malaysia, Prof […]

Ministry expands free business registration

KUCHING: The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) will expand its free business registration initiative to B40 youth and single mothers to stimulate and boost the growth of domestic trade sector due to impact of the Covid-19 pandemic. Its minister Datuk Seri Alexander Nanta Linggi said the ministry through its agency, Companies Commission […]

Study needed to retain supply of crude palm oil in country

KUCHING: Hulu Rajang MP Datuk Wilson Ugak Kumbong has called for a study to be carried out immediately so that the supply of crude palm oil (CPO) in the country is always adequate. He said he is concerned about the sharp increase in exports of CPO which is triggered by the reduction of export tax […]

Import duty, sales tax exemption on face masks for domestic market

KUALA LUMPUR: The Ministry of Finance (MOF) has approved the import duty and sales tax exemption on face masks for the domestic market. The government is cognisant of the difficulties faced by the rakyat in obtaining face masks due to the sharp rise in demand, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz. “The […]