Is the government’s rice move the right one?


Imported rice: Workers plant rice seedlings at a paddy field in Serang, Indonesia’s Banten province. Bernas operates only 28 out of the 180 rice mills in the country, where between 650 million tonnes and 800 million tonnes of paddy are imported annually. — Reuters

Bernas says ending its monopoly will not bring down price of rice

PADIBERAS Nasional Bhd (Bernas) came under the spotlight recently when the government announced that the company’s monopoly to import rice, a right it has had since 1974, would be terminated.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Bernas , Padiberas , Ismail

Next In Business News

Steeping out of govt’s shadow
Kelington on the rise
HSS looks to RE and the world�
Growth on tap
The shopping mall conundrum
Penang LRT: Beyond property speculation
Why RM300,000 homes remain unsold
PETRONAS Dagangan expands used cooking oil collection network to 100 stations
Ringgit expected to stay softer vs US dollar next week
A tough job at troubled�Country Heights

Others Also Read