7
submitted 1 year ago by stormy001 to c/myeconomy

you are viewing a single comment's thread
view the rest of the comments
[-] munkkey 1 points 1 year ago

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.

this post was submitted on 31 Oct 2023
7 points (100.0% liked)

myeconomybusiness

132 readers
1 users here now

News section for business, economy and money of Malaysia

founded 1 year ago
MODERATORS