Justice For All Malaysia

Consumers panic as cooking oil shortage spreads across Malaysia

Posted on: January 5, 2008


Consumers panic as cooking oil shortage spreads across Malaysia
Fri, Jan 04, 2008 The Straits Times

KUALA LUMPUR – A SHORTAGE of cooking oil has spread to at least seven states
in Malaysia, causing panic among consumers, local Malay-language newspapers
reported yesterday.

The shortage of palm oil has been affecting residents in the northern and
eastern states of peninsular Malaysia for the past week, and Malacca and
Johor are the latest to join the list.

The shortage is the result of manufacturers ceasing production temporarily
as they prepare for the new year’s accounts.

Johor’s state enforcement director of domestic trade and consumer affairs
Fahmi Kassim said that, based on a report by the Malaysian Palm Oil Board,
supplies will resume this month.

He also told Utusan Malaysia that excessive panic by consumers had
contributed to the shortage.

Checks in other states found empty shelves in supermarkets and grocery shops
in Kedah and Malacca.

A shopkeeper in Terengganu said his wholesaler had supplied less stocks than
what he had ordered, and they were snapped up in a few hours.

Consumers in Perak, Pahang and Negeri Sembilan also complained of difficulty
in getting cooking oil.

In Perlis, consumers were allowed to buy only one or two packets of cooking
oil a person, Utusan Malaysia reported.


Cooking Oil Rationing Begins
January 04, 2008 21:31 PM

PUTRAJAYA, Jan 4 (Bernama) — From next week, a customer will only be able
to purchase a maximum of five kilogrammes of cooking oil at any one time.

Domestic Trade and Consumer Affairs Minister Datuk Shafie Apdal in making
the announcement on the rationing of cooking oil today, said it was
necessary in facing the cooking oil shortage crisis in the country.

He said that among the immediate steps being taken to address the crisis was
increasing cooking oil production capacity by 10 per cent from the 48,988
metric tonnes monthly now to 53,886 metric tonnes a month.

“This is not the first time we are conducting a rationing exercise for
controlled items. We did the same when there was a similar crisis involving
sugar,” he told a press conference here today.

Earlier, he had held a meeting with cooking oil producers and officers from
the Malaysian Palm Oil Board (MPOB).

Lately, several states were reported to have run out of cooking oil stocks
causing consumers to become worried.

Among the states worst hit were Kelantan, Pahang, Melaka and Kedah with
newspapers reporting major supermarkets in them were experiencing difficulty
in replenishing stocks.

Shafie added that his ministry was fine-tuning details on the enforcement of
the rationing to ensure its objectives were met.

He blamed leakages in the distribution chain for the crisis.

“Cooking oil smuggling is a major cause of this crisis, and as such, I ask
the Customs Department and the Anti-Smuggling Unit to help us in overcoming
it,” he said.

Shafie also said that mushrooming of super and hypermarkets and small and
medium enterprises had caused an imbalance in supply and demand.

“As a long term measure, we will review the distribution chain and if
necessary tighten laws on it,” he added.

He also advised consumers not to panic as it would only worsen the
situation. — BERNAMA


Friday January 4, 2008

Reinstate subsidy, ministry urged

THE Plantation Industries and Commodities Ministry should reinstate the
subsidy given to cooking oil manufacturers to overcome the cooking oil
shortage immediately, Sin Chew Daily reported.

The daily reported that the shortage occurred because manufacturers reduced
their production after the government delayed the subsidy.

President of the Federation of Sundry Goods Merchants Associations of
Malaysia Lean Hing Chuan said the manufacturers reduced production to avoid

Price concern

Nanyang Siang Pau reported that the Federation of Vegetable Farmers
Associations would hold an emergency meeting to discuss the increase in
fertiliser and pesticide prices tomorrow .

The federation said fertiliser price had increased from RM1,500 to RM2,300
per tonne in the past two months.

The federation expected the price of fertiliser to shoot up again before the
Chinese New Year in February.

Other News & Views is compiled from the vernacular newspapers (Bahasa
Malaysia, Chinese and Tamil dailies). As such, stories are grouped according
to the respective language/medium. Where a paragraph begins with a
sub-heading, it denotes a separate news item.


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Must Attend Program

Please go to this link: https://justice4allkuantan.wordpress.com/2008/10/25/invitation-public-forum-the-isa-and-the-police-reform-process-whats-next-after-pak-lah/
To sin by silence when we should protest makes cowards of people - Emily Cox

Siphoning EPF money

On 'Why should Valuecap borrow from EPF?' Syed Shahir Syed Mohamud: MTUC condemns the government's move to bail out Valuecap to support the local stock market using RM5 billion from EPF, as the provident fund is the custodian of the workers' money and not some sort of ‘automated teller machine' for the government.
If at all the EPF were to lend its money to the government, it has to be under the condition that there be transparency and accountability in the activities for which the money has been purposed. We want to know who is doing what with the money that belongs to the workers. This is the hard-earned money of the workers, their retirement plan. How is this bailout plan going to benefit the workers? We also question the reason for this bailout. If the economic fundamentals in Malaysia are strong and reserves sufficient as has been stated several times by the government, then why is there a need to offer so much money to the GLCs? Second Finance Minister Nor Mohamed Yakcop should prove how the EPF would profit from this loan. Bernama had reported that Nor had given the assurance that the loan given out by EPF would reap profits for the fund judging from Valuecap's past performance. But where is the paperwork and calculations to show that this move will benefit the EPF? MTUC is concerned that the loan might be mismanaged or misused and this, in turn, would affect the returns for the contributors. Mere assurances are not enough. We want to proof that this RM5 billion will not go down the drain. (The writer is president, MTUC). Sharyn: The government wants to use our pension money to prop up the Malaysian stock market which is the playing field of the rich people. If so, the government must ensure that the EPF account holders - who are predominantly the poor to average citizens of Malaysia - be guaranteed all of our pension money with a compound 8% growth (interest). It's so selfish and sick of the government to use the poor's pension money to help the rich to make more money with all the risks taken by the poor/average citizen. We can better use the RM% billion loans to Valuecap for our children's education, shelter, medical bills etc. Why not get those rich people to prop up the share market instead? Why should they park their money overseas and gamble with our EPF money instead? Kumar14: Who is behind this Valuecap organisation? Why suddenly, this separate entity is allowed to access funds from the EPF? Are they capable enough to handle it or is it just another desperate and blind move? It has been a very infamous trend where the people's funds are channeled to a company for investment purposes and suddenly POP! the funds disappear and there is nobody to be held responsible but a RM2 shell company. Charge who? Sue whom? The RM2 company (just a registered name)? We have seen this many times. People in power and with connections allow such things to go through and reap/rob the people's wealth and then blame it on organisations which actually don't exist. What if a lot of EPF funds are looted via such scams and nobody is to be pointed at? Where will the government get the funds to replenish the EPF? The people are very bored, disappointed, angry and frustrated at seeing all these dumb and unaccounted for measures being allowed by the government with lame excuses. Please, somebody verify the true purpose, integrity and capability of anybody attempting to use the people's fund.

Raja Petra

Photobucket Ihsan dari blog Go!Malaysian http://gomalaysian.blogspot.com/


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