PUTRAJAYA: The government has agreed to maintain the maximum retail price of bottled pure palm cooking oil to ease the people’s burden and deal with the issue of price increase, says the Ministry of Domestic Trade and Cost of Living (KPDN).
In a statement issued Friday, the ministry said the price of a one kg bottled cooking oil remained at RM6.90, for the 2kg bottle at RM13.30, 3kg (RM19.60) and 5kg (RM30. 90) until a date to be announced later.
The ministry said several proactive measures have been taken by the Madani government to help consumers from being affected by any issue of unreasonable price increase.
“They include maintaining the maximum retail price for bottled pure cooking oil through the Price Control and Anti-Profiteering (Determination of Maximum Price) Order (No.13) 2023,” it said.
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