6Violet Rascals.


Sunday, April 20, 2008
S'pore's Rice Supplies Safe Despite Export Restrictions at 2:25 PM

by Hoe Yeen Nie, Channel NewsAsia Posted: 19 April 2008 1939 hrs

Singapore's rice supplies are safe even as global rice exporters such as Thailand impose export restrictions. This assurance came from Senior Minister of State for Trade and Industry, S Iswaran who added that Thailand has promised it will maintain its rice exports this year.Other countries like Vietnam and India have also said they will review their export restrictions after the current harvest season.

Speaking on the sidelines of a community event, Mr Iswaran stressed that the main issue affecting Singaporeans is that of price.

But the government is monitoring the rice markets closely.

He said: "Quantity as such, is not a major issue for Singapore in particular, because our rice needs are very small compared to the global market. And even if you compare with what Thailand exports, our requirements from Thailand are only one or two per cent of what Thailand's total exports are."

Mr Iswaran also said his Ministry will be addressing the issue of rising food prices when Parliament sits on 21 April. -CNA/vm

6 Violet: Read the above news article published yesterday on CNA's website and make some comments with regards to the situation in the world when rice exporting countries are facing a decline in harvest therefore they've started to restrict exports. This then causes us to face an increase in the price of rice. Comment on anything from suggesting solutions to your own thoughts on the matter - except on the character and mindsets of the exporting countries.

xoxo,
you know you love us




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The Rascals

• Graduated from Woodlands Ring Primary School, 6Violet.
• Were together for two whole years.
• Are in different schools now.
• Have different personalities and talents.
• Knows that you're jealous of them. (Kidding.)



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Class gathering 2008 (December)
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Sunday, April 20, 2008
S'pore's Rice Supplies Safe Despite Export Restrictions at 2:25 PM

by Hoe Yeen Nie, Channel NewsAsia Posted: 19 April 2008 1939 hrs

Singapore's rice supplies are safe even as global rice exporters such as Thailand impose export restrictions. This assurance came from Senior Minister of State for Trade and Industry, S Iswaran who added that Thailand has promised it will maintain its rice exports this year.Other countries like Vietnam and India have also said they will review their export restrictions after the current harvest season.

Speaking on the sidelines of a community event, Mr Iswaran stressed that the main issue affecting Singaporeans is that of price.

But the government is monitoring the rice markets closely.

He said: "Quantity as such, is not a major issue for Singapore in particular, because our rice needs are very small compared to the global market. And even if you compare with what Thailand exports, our requirements from Thailand are only one or two per cent of what Thailand's total exports are."

Mr Iswaran also said his Ministry will be addressing the issue of rising food prices when Parliament sits on 21 April. -CNA/vm

6 Violet: Read the above news article published yesterday on CNA's website and make some comments with regards to the situation in the world when rice exporting countries are facing a decline in harvest therefore they've started to restrict exports. This then causes us to face an increase in the price of rice. Comment on anything from suggesting solutions to your own thoughts on the matter - except on the character and mindsets of the exporting countries.

xoxo,
you know you love us