In order to ensure sufficient rice supplies in Malaysia, Datuk Seri Wee Jeck Seng suggests finding alternative sources. According to Wee (BN-Tanjung Piai), Malaysia can consider importing rice from other countries such as Vietnam, Thailand, and Pakistan, which are also major rice exporters. Wee emphasizes the need for immediate action to address the worsening food security in Malaysia. To overcome these issues, he advocates for strengthening Malaysia’s position by increasing rice imports from countries like Vietnam, Thailand, and Pakistan. India’s recent suspension of white rice exports has had a significant impact on the Southeast Asia region, prompting neighboring countries like Indonesia and the Philippines to explore alternative suppliers as well.
On September 1, Padiberas Nasional Bhd (Bernas) announced a 36% increase in the price of imported white rice, from RM2,350 to RM3,200 per metric tonne. This translates to an additional RM850 per metric tonne or RM0.85 per kg. Bernas attributes this price hike to various factors such as climate change, currency exchange rate fluctuations, high operating costs, and regional conflicts. Additionally, India’s export ban on white rice further compounded the challenges faced by Bernas and affected the global trading market.
Wee also highlights the issue of inflation and rising commodity prices. Despite Prime Minister Datuk Seri Anwar Ibrahim’s recent announcement of a 2% reduction in the country’s inflation rate in early September compared to the same period last year, Wee argues that this reduction is not reflected in the prices of goods and services. To address this, he suggests that the Domestic Trade and Cost of Living Ministry should regulate the prices of food items to prevent sudden spikes.
In addition, Wee expresses concern over the increasing urban poverty in Malaysia. According to statistics from the Statistics Department, urban poverty rates were 4.6% in 2022 and 3.9% in 2019. Wee calls for the government to find comprehensive solutions to tackle food security, inflation, and urban poverty. He emphasizes the necessity of strategies to control inflation and alleviate financial burdens on the people, and believes that by working together, Malaysia can overcome these challenges and attain lasting stability and prosperity.
The special sitting for the 12th Malaysia Plan mid-term review (12MP MTR) is currently taking place in Parliament from September 11 to September 19.
Credit: The Star : News Feed
