MEDIA STATEMENT
For Immediate Release
BERNAS SUPPORTS GOVERNMENT INITIATIVE TO ADDRESS COST OF LIVING
Price Adjustment for Imported White Rice Reaffirms BERNAS' Dedication Supporting Food Security Agenda
Shah Alam, 20 March – Padiberas Nasional Berhad (BERNAS) welcomes the government's decision to implement the adjustment of white rice prices and commends the MADANI Government proactive steps in addressing the cost of living for Malaysians.
In line with the announcement by the Minister of Agriculture and Food Security, YB Datuk Seri Haji Mohamad Sabu yesterday, BERNAS has begun implementing a price adjustment for Imported White Rice at BERNAS warehouse gates in Semenanjung Malaysia, reducing it from RM3,200 to RM3,000 per metric ton starting today. This ensures a reduction in retail prices of Imported White Rice by RM2 to RM3 per 10 kilogram bag.
It demonstrates BERNAS' commitment to ensuring product availability despite the ongoing trend of Imported White Rice prices remaining at their highest levels in the past 15 years.
BERNAS’ move is in tandem with the government's announcement and remains dedicated to ensuring sufficient and stable rice supply for households nationwide, while also commending the government's intervention measures to enhance the distribution of local white rice.
BERNAS reaffirms its commitment to support and uphold the nation’s food security agenda by collaborating closely with the Ministry of Agriculture and Food Security (KPKM) and industry partners. The company reiterates its commitment to the ministry's long-term action plan, prioritising the welfare of farmers and maintaining a sustainable rice supply chain within the country.
Remaining focused in fulfilling its social obligations, BERNAS manages the national stockpile and operates as the final purchaser of rice from farmers, prioritizing national interests amidst uncertain global market conditions.
About BERNAS
BERNAS was established in 1994 when it took over the role of Lembaga Padi dan Beras Negara (LPN) as the custodian of Malaysian paddy and rice after LPN was corporatized. For more than three decades, BERNAS has been a key player in Malaysia's paddy and rice industry and is recognized as a reliable partner for food security and sustainability.
Our longstanding slogan, "Nourishing the Nation," reflects our values and commitment to providing the best products and services to our country. We embrace our shared core values of Integrity, Customer Focus, and Teamwork, and strive to fulfil our obligations with full dedication, while also balancing the requirements of all stakeholders and upholding the highest standards of quality across our supply
chain.