News

KPDNHEP Extends Cooking Oil Price Control Mechanism Programme Until March 2022

PUTRAJAYA, Dec 9  — The government has agreed to extend the Cooking Oil Price Control Mechanism programme until March next year at a cost of RM150 million, said the Domestic Trade and Consumer Affairs Ministry (KPDNHEP).

In a statement, the ministry said the matter was agreed in a special meeting of the National Action Council on Cost of Living (NACCOL) which was chaired by Prime Minister Datuk Seri Ismail Sabri Yaakob today.

On July 27, the government set the maximum retail price for pure palm cooking oil in bottled packaging effective Aug 1, with a guarantee that consumers will get cooking oil below RM30 for a five kilogramme (kg) bottle.

The maximum price of a 5 kg pure cooking palm oil is RM29.70; 1 kg bottle (RM6.70); 2 kg bottle (RM12.70); and 3 kg bottle (RM18.70).

Meanwhile, KPDNHEP said it was also agreed at the meeting that the Malaysian Family Sales Programme (PJKM) will be implemented in the 222 parliamentary constituencies until March next year at a cost of RM100 million.

The meeting also decided to monitor and report directly to NACCOL for the 41 initiatives with an allocation of RM14.32 billion that had been approved under the Budget 2022.

“The direct monitoring will ensure all government agencies implement this initiative immediately as this large allocation needs to be (something) tangible for the people,” the statement said.

KPDNHEP also announced that the shortage of foreign labour in sectors related to food production will be discussed in the Cabinet meeting tomorrow (Dec 10).

According to the statement, a meeting of the NACCOL Technical Committee chaired by KPDNHEP secretary-general Datuk Seri Hasnol Zam Zam Ahmad will be held immediately to follow up, refine, and coordinate other proposals that had been tabled in the NACCOL special meeting.

NACCOL’s special meeting today also discussed the whole government approach across ministries in  coordinating new initiatives to address livelihood issues.

It was held as a continuation of the Executive Level Meetings held this year on Feb 23, July 15  and Oct 15.

A total of eight papers were presented at today’s NACCOL meeting by various agencies covering macroeconomic perspectives, the logistics sector, housing industry, consumer enforcement and advocacy as well as labour-related issues.

Sources: BERNAMA

Adib Mohd

Recent Posts

Solar Time Turns 44: A Timeless Legacy Reimagined at IOI City Mall

After 44 years of shaping Malaysia’s timepiece scene, Solar Time is stepping into a bold… Read More

22 minutes ago

160 Makan Spots, 40 Iconic Dishes, One Map redBus Is Feeding Our Travel Obsession

If you’ve ever planned a road trip just to try nasi dagang in Terengganu or… Read More

2 days ago

A Malaysian Coin Was Spotted at the CIA, Spy Move or Travel Flex?

Did a Malaysian coin just show up at the CIA’s Nathan Hale statue in the… Read More

2 days ago

Tourism Malaysia Backs Upcoming Film “Worth The Wait” RomCom Released in Malaysia

Tourism Malaysia is proud to announce its official support for the highly anticipated feature film… Read More

3 days ago

UMW Toyota Drives Customer Connections Through Performance, Community And Real Value

UMW Toyota Motor (UMWT) closed June 2025 with strong sales, recording 7,773 units for the… Read More

3 days ago

Pavilion Bukit Jalil Brings Japan To Malaysia With Matsuri Festival: Konnichiwa, Japan. Together, Here.

Pavilion Bukit Jalil will be launching its highly anticipated MATSURI Festival – Konnichiwa, Japan. Together,… Read More

3 days ago

This website uses cookies.