Malaysia's ban on chicken exports takes effect

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Malaysia's ban on chicken exports takes effect

STORY: Malaysia's ban on chicken exports takes effect DATELINE: June 1, 2022 LENGTH: 00:05:00 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of morning market 2. various of chickens in cage and poultry suppliers STORYLINE: Malaysia's ban on chicken exports has taken effect as of Wednesday, aimed at stabilizing domestic supplies and alleviating shortages. Prime Minister Ismail Sabri Yaakob 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 stabilizes, 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

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  • 2022/6/01 00:00:00
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  • Xinhua / Kyodo News Images
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  • Xinhua News Agency.All Rights Reserved
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