Try GOLD - Free

S'pore's food stockpiles not meant to influence food prices, says Zaqy

The Straits Times

|

November 07, 2025

They are maintained to serve as a buffer in times of food supply disruptions

- Chin Hui Shan

S'pore's food stockpiles not meant to influence food prices, says Zaqy

Food stockpiles maintained by Singapore are meant to safeguard the country’s food security and not influence food prices, Senior Minister of State for Sustainability and the Environment Zaqy Mohamad said in Parliament on Nov 6.

The stockpiles of essential food items are meant to serve as a buffer in times of food supply disruptions, he said in response to Ms Hany Soh (Marsiling-Yew Tee GRC), who asked about the use of stockpiled food to mitigate any spikes in food supply prices.

Food stockpiling is one of the four pillars of Singapore’s food security strategy to ensure food resilience here, alongside import diversification, local production and global partnerships, Mr Zaqy said.

Currently, by law, Singapore requires only rice to be stockpiled.

MORE STORIES FROM The Straits Times

The Straits Times

DBS shares cross $55 mark for first time as Q3 earnings beat forecast

Shares of DBS surged past $55 for the first time on Nov 6 after Singapore’s largest bank posted a smaller-than-expected drop in third-quarter earnings as lower interest rates squeeze margins.

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

Coliwoo closes at 58.5 cents in SGX debut, 2.5% below IPO price

Shares of co-living operator Coliwoo fell 2.5 per cent below their initial public offering (IPO) price on their first day of trading on the Singapore Exchange.

time to read

1 mins

November 07, 2025

The Straits Times

The Straits Times

Real negotiations, commitment needed to resolve Mid-East conflict, says Vivian

Progress on ceasefire hopeful, and S’pore will offer help where it can, says minister

time to read

5 mins

November 07, 2025

The Straits Times

The Straits Times

US Supreme Court hears case on legality of Trump's tariffs, with implications for S'pore

Spain, France, Switzerland, Canada, Brazil and China came up for a mention in the three-hour debate in the United States Supreme Court about President Donald Trump's favourite instrument for all seasons tariffs.

time to read

5 mins

November 07, 2025

The Straits Times

The Straits Times

80 people, 20 teams lauded at Healthcare Humanity Awards

They include retiree who helped a woman get back on her feet after years of isolation

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

Majority of F&B outlets that shut in 2025 did not last over 5 years

Of these, 82 per cent had never recorded a profit in their annual tax declarations, says DPM Gan

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

Independent candidates in GE2025 among those applying to be NMPs

The two independents who ran in May’s General Election have thrown their hats in the ring for consideration as Nominated MPs (NMPs).

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

7-Eleven aims to redefine convenience in S’pore with store revamps

Move reflects its strategy to evolve beyond essentials and tap into lifestyle spending

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

Abused child deaths: Social workers support plan for independent reviews

It is a step towards greater accountability, transparency and collective learning, they say

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

LONGCHAMP SETS UP HOME IN SHANGHAI

The luxury brand's new store in the Chinese city is housed in a 1940s villa and styled like a French family home

time to read

9 mins

November 07, 2025

Listen

Translate

Share

-
+

Change font size