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)

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Former Real Madrid striker, Karim Benzema, has completed a deadline day free transfer from Al Ittihad to Al Hilal in a move which shocked...

    News

    A Nigerian woman has levelled explosive allegations against global courier giant FedEx International and US-based package forwarder MyUS.com, accusing them of conniving to steal...

    News

    The United States Department of Homeland Security has said it will deport no fewer than 79 convicted Nigerians listed on its ‘worst-of-the-worst’ criminal list....

    Business

    The Valentine’s season has long been painted in hues of romantic partnership, underscored by campaigns targeting couples. This year, Konga, Nigeria’s leading composite e-commerce...