Up The Production Of Coarse Sugar Or Face Government Wrath.
It worked for a time as the avaricious sugar barons gave all kinds of excuses and explanations to justify the shortage, and even the minister concerned danced the Tango with them, until some ministry chap belatedly found out the ploy. Now after they have made good and easy money, the authorities are screaming unfair and have issued threats. Either produce more coarse sugar or else fine sugar becomes a controlled item. And they have 2 weeks to comply.
The profits are immense. The price of castor sugar which is not a controlled item, is currently sold from RM1.90 to RM2.50 per kg while coarse sugar is sold at RM1.40 per kg. So now you can understand why these crooks are happy with the situation while we suffer.
DPM Najib understandably is hopping mad and indeed was the one who issued the ultimatum. In June I had blogged about this very subject and it would make interesting reading now that the cat is out the bag. I had then called the whole thing a charade. You can read about it below.
Sugar Price Hike Imminent? The Charade Starts.