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this post was submitted on 31 Oct 2023
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myeconomybusiness
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Our country's main cash crop is oil palm. There are rice fields and vegetable plantations but they are small scale and not locally sufficient, plus we export top-grade fresh produce to neighbouring Singapore.
The government has subsidies and price controls in place for staple foods (largely imported), and maybe got complacent in developing self-sufficiency since the supply and our currency was stable for a long time.