Malaysia announces subsidy for imported rice in 2 states

Malaysia announces subsidy for imported rice in 2 states

Farmers harvest rice in a field in Chainat province, Aug 31, 2023. (Reuters file photo)
Farmers harvest rice in a field in Chainat province, Aug 31, 2023. (Reuters file photo)

KUALA LUMPUR: Malaysia's agricultural and food security ministry on Monday said it would provide a subsidy of 950 ringgit per tonne for imported white rice in the states of Sabah and Sarawak from Oct 5.

The ministry also asked the Federal Agricultural Marketing Authority to increase distribution of local white rice to rural areas.

Malaysia's Agriculture Minister Mohamad Sabu said the subsidy measures were announced to address concerns over higher prices of rice.

He also announced a task force had been formed to inspect local rice supply chains.

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