Hike in sugar and imported rice prices

suppadmin | March 2, 2017

In response to the recent hike in sugar price and imported rice, SUPP Youth Central Publicity Secretary Milton Foo issued the following statement:

1. Due to the weak currency and foreign exchange loss, the cost of sugar has increased, so as the cost of imported rice. The government at this particular period should care more and understand the hardship of the people by ensuring that the price of these daily necessity items do not increase and to provide subsidies or even incentives (such as tax deduction for example) to the manufacturer and importers in order to reduce their costs, rather than to put the burden on the people.

2. The currency of Malaysian Ringgit is so weak and the government needs to take drastic steps and comprehensive measures to revitalize the economy of our country.

3. People’s life is hard and living in pain. As a responsible and caring government, it has a duty to ensure that the price of sugar and white rice remain unchanged, as the increase in price may also cause the price hike to other items rendering high inflation where people will suffer at the end of the day.