Business tycoon Syed Mokhtar Al-Bukhary has agreed to channel RM30 million to support the government's efforts to help struggling padi farmers following today’s announcement of the new floor price of padi, which will take effect this Sunday.

Prime Minister Anwar Ibrahim said this was conveyed to him by Syed Mokhtar (above) himself when he contacted the latter after the announcement made by the Agriculture and Food Security Minister Mohamad Sabu, during the ministerial briefing on the current situation of...