fbpx
Connect with us

News

Bernas Will No Longer Monopolise Rice Import, Agro Minister Says

Published

Bernas Will Lose Monopoly On Rice, Agro Minister Says - World Of Buzz
Source: Bernas

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

For years, Padiberas Nasional Berhad or better known as Bernas, has been monopolising the import of rice in Malaysia, but that’s about to change following an announcement made by the Agriculture and Agro-based Industry Minister, Salahuddin Ayub.

04 Rice Distribution

Source: bernas

Yesterday (6 June), Salahuddin officially announced that Bernas’s contract on rice import will be ended as the ministry is now working on breaking up the monopoly. After considering feedback from the ministry and stakeholders, working papers will be submitted to the government for further action.

“To protect the interests of local paddy farmers, we have identified the modules used in other countries (on importing the staple), among them Indonesia, which has been successful in its approach in opening up the monopoly on rice,” Salahuddin said. 

06 Seed Farming

Source: bernas

On the other hand, he had also temporarily suspended the National Farmers’ Organisation of Malaysia (Nafas) effective 1 June 2018. It was reported that an audit on the management of Nafas has revealed several red flags in the aspects of competency, responsibility and transparency.

“The suspension was done to enable an investigation to be carried out pertaining to management, abuse of power and leakages involving its board of directors and management. 

“This is to ensure that matters which can cause losses to the entity and the people can be overcome and good corporate governance can be brought back,” he added.

The suspension will probably last for three months and during this period, the board will lose its power in making any management and financial decisions. The power to run Nafas will be transferred to the director-general of the Farmers Organisations Authority.

Bg1

Source: nafas

All the 770 employees will not be affected during this period. For now, the ministry is still scrutinising the management and if needed, MACC and the police will be roped in.

Is it just us or almost every ministry under the new ruling government is detecting problems? Anyway, let’s hope with the monopoly gone, the price of the rice can be brought down to benefit the rakyat’s wallet. 

 

Also read: New Transport Minister Tells JPJ No More ‘Duit Kopi’ Driver’s Licenses

No More Bao Ing Drivers License Culture After This New Transport Minister Says World Of Buzz 1

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 5 5 Collage 5 5
News3 hours ago

Study: Malaysia is the 19th Most Peaceful Country in the World, Out of 163 Countries

Malaysia is known for its warm and welcoming people who value harmony and mutual respect. Despite its rough edges, the...

Feat Image Kl Remote Work Feat Image Kl Remote Work
News5 hours ago

Study: Kuala Lumpur is 4th Best Destination in Asia for Remote Work, 22nd in the World

Kuala Lumpur has just been named the 4th best destination in Asia for remote work by the latest iteration of...

Collage 17 2 Collage 17 2
News6 hours ago

“It only shows how obsessed & envious you are” – Mufti Comments on Excessive Boycott Movements

Have some of us gone too far with boycotts, regardless of the brandings? While boycotters have their reasons to do...

Feat Image Bangkok 20 Baht Feat Image Bangkok 20 Baht
News6 hours ago

All Rail Lines in Bangkok Will Have a Fare Cap of RM2.60, One Ticket Can be Used Across All Routes

The Transport Ministry of Thailand has reiterated that it will continue with its plans of a THB20 or RM2.60 fare...

My Post 1 2024 04 19T115737.183 My Post 1 2024 04 19T115737.183
News9 hours ago

M’sian Political Party Invites Workers to March on Labour Day to Urge Govt to Raise Minimum Wage to RM2K

With Labour Day (which is meant to honour and celebrate workers and the importance of their contributions to their country...

Collage 21 Collage 21
News1 day ago

“Change work hours or location” – Steven Sim Reminds M’sians About Availability of Flexible Working Hours

Flexible working arrangements help balance work and personal life. Since the start of the Covid-19 pandemic, Malaysia has taken steps...

Collage 14 3 Collage 14 3
News1 day ago

“Better work-life harmony” – Employees in SG Can Now Apply to WFH & Have a 4-Day Work Week

Work from home. Those who have the flexibility to work at the desk from the comfort of their own homes...

Feat Image Mistress Feat Image Mistress
News1 day ago

“Unique needs, desires” – High Court Says Agreements for M’sian Husbands to Have Mistress are Legal

The Kuala Lumpur High Court has ruled that as long as there is “no violation of any law”, non-Muslim married...

Announcement

Latest Videos



TRENDING TODAY