Ministry to consider GLCs as subsidised cooking oil packagers: Nanta

KUALA LUMPUR – The Domestic Trade and Consumer Affairs Ministry will study suggestions to allow government-linked companies (GLC) to handle the packaging of subsidised cooking oil packs to curb leakages.

Its minister, Datuk Seri Alexander Nanta Linggi said that it is being considered and they will study how GLCs can help the 300 licensed companies and the distribution.

On reports that states are selling bottled cooking oil above the set maximum price, he said the traders involved were asked to adhere to the set prices that came into effect Monday.

He said although there are provisions allowing the ministry to take action, they are trying to avoid taking stern action.

“But if this goes on, we will have to take action to avoid it impacting consumers,” he said after visiting the ministry’s exhibition booth at the 2022 Malaysian Agriculture, Horticulture and Agro-Tourism exhibition at the Malaysian Agro Exposition Park Serdang here yesterday.

On a separate issue, Nanta added that the cooking oil packs found drifting in Indonesian waters were not owned by Malaysia, and based on information received, they were Indonesian-owned. – Bernama, August 10, 2022