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Malaysians urged not to panic-buy local rice after import prices for the staple rise substantially

  • Malaysia's government reassured the country that there is sufficient rice in the market and urged people not to hoard locally produced rice, following recent panic-buying.
  • Agriculture and Food Security Minister Mohamad Sabu stated that the price of imported rice has risen sharply due to a hike by the sole importer. This has prompted many Malaysians to switch to cheaper local rice. Measures are being taken to address the issue, including increasing the distribution of local rice to rural areas.
  • The government will step up surveillance of rice wholesalers and shops to prevent hoarding and ensure the integrity of the rice being sold. Strict action will be taken against those found repackaging local rice as imported rice or mixing the grains for higher profits.
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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, October 2, 2023.
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