Ismail: About 60 of the rice consumed in Malaysia is white rice, which is price-controlled. Another 30 of white rice is imported, and it
SHAH ALAM: The termination of Padiberas Nasional Bhd’s (Bernas) monopoly to import rice will not effectively lead to cheaper prices of rice, its chief executive officer Ismail Mohamed Yusoff said.
He said liberalising the industry by introducing more players into the market would not alter or affect the price of rice – which is sold at controlled prices in Malaysia.
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