NACCOL

MyCC is still conducting a study on the country's padi and rice industry, including allegations of the existence of a cartel within it.

Datuk Seri Anwar Ibrahim said monitoring and enforcement approaches also required changes to ensure a more effective distribution of BPT.

PM Datuk Seri Anwar Ibrahim said the meeting had to be postponed to next week to include more urgent matters such as rice price control.

The Ministry of Domestic Trade and Cost of Living (KPDN) is in the final stage of establishing fuel stations with no subsidy in several other states after the ones in Perlis

M'sia must channel bulk subsidies, towards supporting the B40, M40 and small business owners who are affected by the rising cost of living.

Five working papers to tackle problems arising from the people's cost of living will be presented at the meeting of the NACCOL on Tuesday.

The proposals to set cooking oil prices and the use of subsidised purchase coupons for packet cooking oil will be discussed at the NACCOL meeting next week.

The Ministry of Domestic Trade and Cost of Living will immediately activate the National Action Council on Cost of Living (NACCOL) to find solutions to the cost of living issue.

Prime Minister Datuk Seri Anwar Ibrahim today ordered NACCOL to analyse and go through the subsidy implications within two weeks.

Annuar said that if consumers did not get clear information regarding the matter, it could cause problems, including panic-buying.

MyCC through its task force is evaluating the investigation report on allegations of cartel in the chicken industry.

MyCC welcomes the cooperation and assistance of relevant stakeholders and members of the public in addressing the issue.

A statement issued by MyCC today said that the commission will take stern action against any party that are involved in economic sabotage.

The National Action Council on Cost of Living (NACCOL) that met today set RM8.90 as the maximum price for standard chicken, 20 sen cheaper than the fixed ceiling price of RM9.10.

Ismail Sabri will chair the meeting of the National Action Council on Cost of Living (NACCOL) soon to get a clearer picture of the price hike issues from the relevant ministries.

The move signals the US and China may ease their trade war, calming fears over tariff impacts on the global economy.

'We've been meeting with China' Trump says vaguely but gave no names or details.

Indonesia is prioritising its national interests in its ongoing negotiations over US tariffs, its senior economic minister says.

China does not seek war but is not afraid of it, and would fight if necessary, says Zheng Zeguang.

China supports dialogue and consultation "on equal footing" to settle trade and tariff disputes, says Finance Minister Lan Foan.

In Malaysia, a surprisingly small portion of agricultural land is dedicated to food production. Approximately 1.2 million hectares only are used for food crops, while the majority is used for oil palm (71.4%) and rubber (11.9%)

In such a scenario, it’s essential to pivot Malaysia’s food sovereignty via AgriTech.

NIAGA SPOTLIGHT features Dr Jay Desan, Co-Founder, BoomGrow and Chef Norazizi bin Taslim, Executive Chef, discussing BoomGrow - a homegrown AgriTech startup at the forefront of this transformation, via 5G-enabled, AI-powered vertical farms across Malaysia.

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Malaysia open to talks with US on trade deficit, non-tariff barriers, tech security, and possible bilateral trade deal.

Here are some highlights of recent US-Canada relations.

Trump's 25 pct steel tariffs mark his push to revive US manufacturing by taxing imports and boosting local industry.

This fast-growing region, namely ASEAN plus China will likely double in economic size over the next decade, says Dr Yao Tang.