////

New: Penang Hawkers Absorb Egg Subsidy Cut Costs to Keep Customers Happy

1 min read
penang hawkers, egg price reduction, roman egg, yellow paintedsmiley face eggs, shock
Keep prices down to make customers happy, Photo by ROMAN ODINTSOV on Pexels.com

GEORGE TOWN – Penang’s bakeries and hawkers plan to absorb rising costs following the egg subsidy removal on August 1, prioritizing customer satisfaction. A char kway teow vendor, using five trays of eggs daily, offers egg-free servings at RM5.50, with an extra RM1 for eggs. Despite cheaper prices compared to others, past price hikes sparked customer backlash, particularly among retirees. The government, having spent RM2.5 billion on egg subsidies from February 2022 to December 2024 to offset pandemic, but says subsidies are not sustainable for the ongoing viability of the local egg production industry and the nation’s finances. – Straits Times

Penang Hawkers

LM News

Table of Contents

Latest News Malaysia

Read More News on Business News Malaysia

Read More News #latestmalaysia

BIZ NEWS CODE Business News Malaysia

Read More News on Business News Malaysia

Leave a Reply

Previous Story

Malaysia Seeks Extradition of Tim Leissner in 1MDB Scandal!

Next Story

URA Bill Accused of Erasing Malay Rights and Heritage in Urban Renewal Push

Latest from Blog

Social Media Auto Publish Powered By : XYZScripts.com
0 $0.00

Discover more from Latest Malaysia

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights