Rice price to stay for now, says Armizan

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Rice price to stay for now, says Armizan
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KOTA KINABALU: The price of rice will remain the same, at least for the time being, despite country exporters banning the export of the commodity, says Datuk Armizan Mohd Ali.

"There has been no decision to increase the price of rice for now," said the acting Domestic Trade and Cost of Living Minister here on Friday when asked if there will be a price hike due to the halting of rice exports.

"That is why we look at the issues related to supply from overseas closely besides how we could ensure price stability on our side," Armizan said. "But we have no choice because of the present global landscape. We can’t depend 100% on food supplies from outside," he said.

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