India's decision has an impact on Singapore hotels, bread becomes expensive

Posted on 27th Sep 2022 05:28 pm by rohit kumar

The impact of the ban on wheat exports in India from May is visible in the eateries in Singapore. A media report published on Tuesday said that the Punjabi community, especially the roti-loving community, is paying the price. Supermarket chain Fairprice said wheat flour has been in short supply due to increased demand in the past few weeks. This situation may be due to restrictions on the export of wheat and flour in India.

 

According to a report in 'The Straits Times, Fairprice suppliers are now sourcing wheat flour from various countries like Sri Lanka, Australia, Canada, and the US. Mathavan Adi Balakrishnan, managing director of Shakuntala, a prominent eatery here, said, “The shortage of (wheat) flour will badly affect our business. We cannot pass the entire cost burden on our customers. We have to try to keep the prices low.

 

The restaurant used to pay five Singapore dollars (US$ 3.48) per kg for wheat flour from India, but now the flour coming from Dubai is 15 Singapore dollars (US$ 10.45) per kg, he said.

 

According to United Nations data, Singapore imports 2-2.5 lakh tonnes of wheat and 1-1.2 lakh tonnes of wheat flour annually. The Business Times reported that Singapore accounted for 5.8 percent of the total wheat flour imported from India in 2020.

 

Also Read: Maharashtra: Sanjay Raut's Dussehra will be spent in jail, bail hearing postponed till October 10

Other news

NDRF: NDRF team returned to India after a successful operation from earthquake-affected Turkey, welcomed at Hindon Airport

Till now more than 41 thousand people have lost their lives due to the earthquake in Turkey-Syria

Credit Suisse: How the 166-year-old bank reached this condition, 10 key things about the deal with UBS

Credit Suisse, a 166-year-old Swiss bank that has become a threat to the global banking system, h

Chhath Puja 2023: Today is the second day of Chhath Puja, know the religious importance of Kharna Puja and the rules of Prasad.

Chhath Puja 2023: Chhath Puja fast has special significance in Sanatan Dharma. This special festi

PM Modi: PM Modi's meeting with economists in NITI Aayog, suggestions taken before Union Budget

Prime Minister Narendra Modi interacted with economists at NITI Aayog today. Finance Minister Nir

Flood in Pakistan: Nine died due to infectious diseases spread in Pakistan, in the grip of these diseases in the flood-affected province

After the flood waters receded in Pakistan, now infectious diseases are spreading rapidly. Nine p

Forced conversion is a threat to the security of the country: Supreme Court said - conversion is a very serious matter, and the government should take strict action against such people

The Supreme Court has termed the conversion of religion by intimidation or greed as a serious mat

Haryana Election: Bajrang Punia and Vinesh Phogat will contest elections from Haryana! Speculations are being made after meeting Rahul Gandhi

Amid the Haryana Assembly elections, wrestlers Vinesh Phogat and Bajrang Punia met former Congres

Maharashtra's rain is a disaster: Weather will again create problems in Mumbai; Pune is in a bad state, roads are submerged somewhere and houses are submerged somewhere else.

Continuous rains continue to wreak havoc in many cities of Maharashtra. The situation has gone fr

Ashok Gehlot's show of strength was considered by the high command to be a breach of trust and an insult, the price will have to be paid

Rajasthan CM Ashok Gehlot was being seen as the next president of the Congress till Sunday aftern

Sachin Pilot: What will Sachin Pilot do if he does not get the post of Chief Minister? Understand the latest equation in five points

Political upheaval is going on in Rajasthan regarding the post of Chief Minister. There is a trem