Connect with us

Hi, what are you looking for?

World

Malaysia’s Ban on Chicken Exports Takes Effect

Malaysia’s ban on chicken exports has taken effect as of Wednesday, aimed at stabilising domestic supplies and alleviating shortages, Prime Minister Ismail Sabri Yaakob said.

The prime minister earlier announced the ban on May 23 over ballooning prices of chicken and chicken products in the market and a supply shortage to local consumers.

The export ban will remain in place until the situation stabilises, allowing the Southeast Asian country to create a stock buffer.

The measures, along with abolishing approved permits for imports as well as facilitating the claim process for subsidies to farmers, are aimed at shoring up the country’s food security.

Transactions in markets around the capital Kuala Lumpur showed sufficient chicken stocks available for sale at the set prices, which have been capped since February at 8.90 ringgit (2.03 U.S. dollars) per bird.

The shortage of chicken and chicken products has been blamed on extreme weathers, pandemic-related supply disruptions and shortages in feed and other items caused in part by the ongoing conflict in Ukraine.

Malaysia exported more than 49 million live chickens in 2020, according to data from the Agriculture and Food Industries Ministry. (Xinhua/NAN)

Click to comment

Leave a Reply

Your email address will not be published.

ad

You May Also Like

Tech

Chika Ekeji, Chief Strategy & Transformation Officer of MTN Group, has reiterated the company’s commitment to become the largest, most valuable business platform in...

Tech

Opinion Moulders in the technology and business circle in Africa are set to gather in Lagos, Nigeria (West Africa) on 9 November 2022 for...

News

The National Information Technology Development Agency (NITDA) has continued to display its commitment to the sustainability of a digitally transformed Nigeria by engaging the...

Tech

Clickatell, a CPaaS innovator and Chat Commerce leader, discussed with attendees at its Connect Interact and Transact (CIT) annual Joburg event on Tuesday the...