Saturday, 15 May 2021 09:02 PM MYT
The South-east Asian nation, which is battling elevated inflation, took into consideration the increase in global rice prices and uncertainties in local rice supply, the president’s office said in a statement. In January, the agriculture ministry projected the country to import at least 1.7 million tonnes of its staple food this year to fully cover domestic requirements. It buys more than 90 per cent of import requirements from Vietnam.
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