Rice and more rice
Bangkok - My channel partners talked about the record prices of rice, which is one of the staple food for half of the world's population has more than doubled in the past year. Since World War II, Thailand has been the World's largest exporter of rice, and may decide to restict shipments thus worsening a current global food crisis. China, Vietnam, India and Egypt have curbed overseas sales to safeguard domestic supplies and cool inflation. Thailand ships about one-third of the world's exports, may follow its Asian neighbours in limiting sales. Thailand has 2.1 million tons of rice as reserve stockpile. Thailand produces about 30 million tons of paddy annually, equivalent to about 20 million tons of milled rice. Of that, some 9 million tons are for domestic consumption while a similar amount is for export, and the remaining 2 million tons are retained as safety stocks by the state. Singapore is a small country and have to import most food. So, I am very grateful for the for...