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

“Don’t Wait to See”: 8 in 10 Malaysians Unaware of Sight‑Threatening Retinal Diseases, Survey Finds

KUALA LUMPUR, 8 May 2026 – A new survey has revealed a major awareness gap… Read More

1 day ago

Intermark Mall Turns Small Acts into Shared Impact with Kindness Month

KUALA LUMPUR, 11 May 2026 – As part of Pavilion REIT’s broader sustainability initiative, Intermark… Read More

1 day ago

30 Years, 8.6 Million Curry Puffs. IKEA Malaysia Sets Record for the Nation’s Favourite Bite

KUALA LUMPUR, 8 May 2026 – What started as a simple snack has grown into… Read More

1 day ago

From Silent Pressure to Systemic Risk: Why Hypertension Control is the Heart of CRM Health

Kuala Lumpur, 11 May - For millions of Malaysians, a blood pressure reading is just… Read More

1 day ago

Google Launches ‘Bijak Digital Bersama Google dan YouTube’ to Help Families Become Safer and Smarter Digital Citizens

KUALA LUMPUR, 9 May 2026 – Google and YouTube today introduced Bijak Digital Bersama Google… Read More

1 day ago

Amazfit Unveils the Cheetah 2 Pro, a Performance Running Watch Built for Marathon Preparation

KUALA LUMPUR, 11 MAY 2026 - Amazfit, a leading global smart wearable brand owned by… Read More

1 day ago

This website uses cookies.