‘Ending subsidies will reduce leakage’

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‘Ending subsidies will reduce leakage’
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SINGAPORE (The Straits Times/Asia News Network): A viral TikTok video claiming that a Grab rider is flying to Singapore to buy chicken rice for his customer in Thailand is a work of fiction, a Grab spokesperson said on Monday (Oct 30).

KUALA LUMPUR: Subsidies and price controls for eggs will remain even though the government will remove the ceiling price for chicken starting tomorrow, says Datuk Seri Mohamad Sabu.

“The rationale for ending subsidies in bulk for chicken is to reduce the leakage from subsidies, which at this point are also enjoyed by high-income groups,” he told a press conference at Lembaga Pertubuhan Peladang here yesterday. The Agriculture and Food Security Ministry has prepared intervention measures to deal with any surges in the price of chicken once the ceiling price is lifted, he added.

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