Gov't Incentives Able To Stop Sugar Price Hike Currently
Federal Land Development Authority (Felda) chairman Datuk Seri Ahmad Shabery Cheek said it not only prevented losses to the companies involved, but allowed the public some welcome relief against the rising costs of living.
'At the same time, the assistance the government provides will cheer up settlers who own shares in the sugar producer. There's no need (for a price hike) as long as the government helps to provide this incentive,' he told reporters after launching the FGV Festival in conjuction with Felda Pioneer Day 2025 at the Karnival Mega 3 Dimensi (MK3D) at Malaysian International Trade and Exhibition Centre (MITECT), which was attended by FGV chairman Tan Sri Rastam Mohd Isa.
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