The retail price for imported white rice will see a reduction of between RM2 and RM3, effective tomorrow, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
The National Farmers Organisation (Nafas) is ready to import rice if Padiberas Nasional Bhd is unable to secure more competitive pricing as local rice supply only fulfils 62% of the domestic demand, said National Action Council on Cost of Living Task Force (Food Cluster) chairman Datuk Syed Abu Hussin Hafiz Syed Abdul Fasal.
The National Action Council on Cost of Living will discuss the proposal to exempt water and electricity bills from the sales and service tax increase on March 20, the Dewan Rakyat was told today.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period