KUALA LUMPUR (Reuters) – Malaysian Prime Minister Ismail Sabri Yaakob on Wednesday said the government would distribute 1.74 billion ringgit ($395.19 million) to low-income households from this month amid rising living and food costs.
Malaysia may also increase subsidies for cooking oil from the planned 4 billion ringgit this year, Ismail Sabri said in a televised address.
($1 = 4.4030 ringgit)
(Reporting by Rozanna Latiff and Mei Mei Chu; Editing by Martin Petty)