Malaysia Launches TaniStats: Public Now Tracks Farm-to-Retail Prices

Malaysia Launches TaniStats: A New Platform for Agricultural Price Transparency Kuala Lumpur, Malaysia – In a significant move towards greater transparency in the agricultural sector, Malaysia has launched TaniStats, a new online platform that allows the public to track the prices of agricultural products at various stages of the supply chain. The announcement was made by Datuk Seri Dr. Mohd Uzir Mahidin, the Malaysian Chief Statistician, who emphasized the platform's role in empowering consumers and promoting fair pricing. "For the first time, the public can monitor the prices of agricultural products at three different levels: the farm, the wholesaler, and the retailer," said Dr. Mahidin in a recent interview. "This level of transparency is unprecedented and will help ensure fair prices for both producers and consumers." TaniStats provides a real-time view of price fluctuations, allowing consumers to make informed purchasing decisions. The platform is expected to improve market efficiency and reduce price volatility. The government has invested significant resources in the development of the platform, highlighting its commitment to strengthening the agricultural sector and protecting consumer interests. The launch of TaniStats marks a significant step forward in Malaysia's efforts to modernize its agricultural sector and enhance food security. The platform's success will depend on its continued development and widespread adoption by both producers and consumers.