KUALA LUMPUR, Sept 28 — The permission for restaurant associations, food entrepreneurs and hawkers to purchase imported white rice (BPI) at the wholesale price of RM160 for every 50kg is to help them control operating costs and ensure rice prices are not raised.
The Ministry of Agriculture and Food Security (MAFS) said this would also stabilise the supply of local white rice (BPT) by reducing purchases from this group for business use.
“In this matter, the ministry has taken the step to balance the need for rice for business purposes and household use during the high demand period for BPT supply at this time.
“This agreement was achieved through an engagement session between the ministry and restaurant associations, food operators and hawkers on September 15,” it said in a statement.
This is following a statement by Mydin Mohamed Holdings Berhad (Mydin) managing director Datuk Ameer Ali Mydin regarding the decision which he feared could create a monopoly and his proposal to increase the ceiling price for BPT to RM34 per 10kg as reported by a news portal yesterday.
Regarding the proposal to increase the price of BPT, MAFS said the price of BPT at the retail level is still controlled at RM2.60 per kilogramme, as per the Rice Act (Grade and Price Control) Order (Amendment No. 4) 2008 and Control of Paddy and Rice Act 1994 (Act 522).
The ministry had, on September 24, decided to give wholesale licences to restaurant owners so that they can purchase BPI at a wholesale price of RM3.20 per kilogramme from Bernas, and the various associations of restaurant owners will need to apply to the ministry to obtain the wholesale licence.
— Bernama
