Is Menu Rahmah harmful? FMTNews
When economic policies flounder the ministers are not always to blame. After all they are here-today-gone-tomorrow.
As at March 12, minister in charge Salahuddin Ayub said, 1,531 premises had been registered, bolstered by at least 10 top brands with more than 1,350 outlets across the country that have joined the scheme. If left to the free market they would not entertain this segment because it is not profitable for them – and therein lies the problem.
At its launch in January Menu Rahmah targeted 15,000 outlets and has now reached just under 15%. The on-boarding is relying on large, not small, companies and one reason for that is that small companies cannot compete. It is unlikely that this will have an impact on inflation, especially prices for food-away-from-home which is nearly 12% of the CPI.
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