Deputy minister: Govt looking to implement two-tier pricing system to control price of cooking oil

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Deputy minister: Govt looking to implement two-tier pricing system to control price of cooking oil
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KUALA LUMPUR, April 5 ― The government is studying to implement a two-tier pricing mechanism to control the market price of cooking oil for domestic consumption. Deputy...

KUALA LUMPUR, April 5 ― The government is studying to implement a two-tier pricing mechanism to control the market price of cooking oil for domestic consumption.

“Only six per cent of our cooking oil production is for domestic consumption, while the rest is for export. Therefore, we already have a paper on the proposed two-tier pricing that has not been approved yet.

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