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

OSIM Unveils uDream.AI, The World’s Only Well-Being Chair

PETALING JAYA, 16 April 2026 – In a world where stress is constant and time… Read More

12 minutes ago

Diamonds are Forever: Australian-exclusive Cartier Exhibition Features 300+ Precious Jewels, Tiaras, Necklaces, Gemstones, Iconic Watches and More

Featuring 300+ resplendent and beautifully-crafted jewels, tiaras, necklaces, brooches, timepieces, design drawings and more, the… Read More

40 minutes ago

Who are the Richest People in Malaysia? Inside the 2026 Forbes List

The Forbes 2026 list of Malaysia’s 50 Richest reveals a significant surge in collective wealth,… Read More

52 minutes ago

What is SBTI? The Viral Meme Personality Test Taking Over China

If you’ve been on Xiaohongshu or Weibo lately, you’ve likely seen the screenshots: chaotic, slang-heavy… Read More

1 hour ago

Nature’s Ultimate Jackhammer: The Physics-Defying Secrets of the Woodpecker

If a human tried to headbutt a tree at 20 hits per second, it wouldn't… Read More

23 hours ago

Osaka’s Arch of Defense: The Sci-Fi Floodgates Keeping Japan’s ‘City of Water’ Dry

In Osaka. one of Japan's busiest urban hubs, a massive engineering system quietly stands guard.… Read More

23 hours ago

This website uses cookies.