Asia flood affecting rice supply in the region


How has the flood in parts of Asia affected the supply of food in the region?

Price of rice will increase in Singapore next week due to the fall in supply as many of the rice fields in Asia are destroyed in the flood.

Many farmers' livelihood would definitely be affected. There will be food shortages in parts of Asia and many more adverse economic impacts.

Will there be increased poverty affecting food affordability?283 had already lost their lives in Thailand due to the heavy monsoon rain, flood and mudslides.
The provinces of Ayutthaya has been badly hit and at least 3 big industrial estates there have closed temporary. A Nikon digital SLR factory and a Honda Motor assembly plant have closed.

Many countries have issued travel alerts to Thailand and definitely tourism is affected. Income will fall and many might lose their jobs.

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