Malaysiakini
NEWS

DPMM, MTEM urge gov't to break rice monopoly

Published
Modified 26 Mar 2020, 4:39 am

CORONAVIRUS | The government has been urged to break monopolies, such as in the food and agriculture industry, when announcing its additional economic stimulus to face the Covid-19 crisis.

The Malay Chambers of Commerce Malaysia (DPMM) and Malay Economic Action Council (MTEM) said this includes monopolies on seeds, rice imports, and fertilisers.

The two groups said this will improve the country's food security, adding that a structural change would increase agricultural productivity to support internal production and imports which benefit the country.

"In fact, if a company needs to be nationalised, this is the time to do it for the good of the people," DPMM president Abd Halim Husin and MTEM CEO Ahmad Yazid Othman said in a joint statement...

Share this story

Comments

By posting a comment, you agree to our Terms & Conditions as stipulated in full here

TERMS & CONDITIONS

Foul language, profanity, vulgarity, slanderous, personal attack, threatening, sexually-orientated comments or the use of any method of communication that may violate any law or create needless unpleasantness will not be tolerated. Antisocial behaviour such as "spamming" and "trolling" will be suspended. Violators run the risk of also being blocked permanently.

REPORT VIOLATORS

Please use the report feature that is available below each comment to flag offending comments for our moderators to take action. Do not take matters in your own hands to avoid unpleasant and unnecessary exchanges that may result in your own suspension or ban.