• If Laksaboy Forums appears down for you, you can google for "Laksaboy" as it will always be updated with the current URL.

    Due to MDA website filtering, please update your bookmark to https://laksaboyforum.xyz

    1. For any advertising enqueries or technical difficulties (e.g. registration or account issues), please send us a Private Message or contact us via our Contact Form and we will reply to you promptly.

Balance must be struck between stockpiling for Singapore's food security and taxpayer costs: Zaqy Mohamad

LaksaNews

Myth
Member

STOCKPILING INVOLVES PARTNERSHIPS


Apart from YCH, the government works "very closely" with the industry to ensure sufficient supply, safe access to and quality management of stockpiled items.

The aim is to evolve the stockpiling strategy to cover today's needs and look out for potential threats or destruction that may come ahead, said Mr Zaqy.

He then noted how such threats can come in various forms, such as climate change affecting agriculture, pandemics and geopolitical issues that can affect supply chains.

Beyond stockpiling, growing local and having food production in Singapore is also part of the country's food resilience strategy, Mr Zaqy added.

It is also important to ensure Singapore has a diversified and varied list of providers and suppliers from around the world in terms of cost and supply.

This was where global partnerships come in, to access markets rather than just importing from one source.

Earlier this month, Singapore and New Zealand made a "first-of-its-kind" agreement to trade essential goods in times of crisis.

The agreement provides reassurance that both sides can continue to receive essential supplies during supply chain disruptions.

Continue reading...
 
Back
Top