Paddy purchase floor price raised to RM1,300 per metric tonne

SRI AMAN: The Ministry of Agriculture and Food Security (KPKM) today (Feb 8) announced that the floor price for paddy purchases has been set at RM1,300 per metric tonne in Sabah and Sarawak, effective from Feb 15. The announcement was made by Agriculture and Food Security Minister Datuk Seri Mohamad Sabu during his three-day working […]

Ministry to study proposal to increase floor price of scrap rubber

BALING: The Plantation Industries and Commodities Ministry will study a proposal to increase the floor price of scrap rubber to RM3.50 a kilogramme (kg) to increase the income of smallholders in the country. Its minister, Datuk Zuraida Kamaruddin, said the ministry would also discuss the matter with the Malaysian Rubber Board and the Rural Development […]

Motac sets RM6,900 as floor price for umrah package of 12 days, 10 nights

KUALA LUMPUR: The government, through the Ministry of Tourism, Arts and Culture (Motac), has set the floor price for an umrah package of 12 days and 10 nights at RM6,900. The ministry, in a statement today, said the price was set in line with current developments due to the increase in the cost of performing […]

Price cap for pepper not feasible

KUCHING: The Malaysian Pepper Board (MPB) has no plans for now to fix a floor or ceiling price for pepper. Deputy Plantation and Commodity Minister Datuk Willie Mongin said Malaysia is a member of the International Pepper Community (IPC) and imposing a ceiling price on the commodity would only result in Malaysia facing fierce competition […]