The apocalypse of chicken in Singapore, because of neighboring countries?

Published 2022년 6월 3일

Tridge summary

Singapore is currently facing a chicken slaughter crisis due to Malaysia's sudden stoppage of all chicken exports on June 1, affecting the city-state's 34% dependency. The decision was made to control the internal poultry meat demand in Malaysia, which has seen a decrease in production due to increased costs, diseases, and adverse weather conditions, leading to a price hike. The Singapore Food Agency is looking for alternative chicken suppliers and has stated that their stock of frozen chicken will be sufficient.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The phenomenon of the chicken slaughter crisis is currently hitting Singapore. Scarcity has even hit the business and consumption of the people of the Lion Country. What happened? This is due to neighboring Malaysia, which stopped all chicken exports abroad as of June 1. Singapore, which relies on 34% is affected. Citing Channel News Asia (CNA), Malaysia itself was hit by a chicken crisis. This made Prime Minister (PM) Ismail Sabri Yaakob, issued a ban on chicken exports at the end of May, to control the need for poultry meat in the country. Malaysian production has decreased due to several factors, namely increasing chicken production costs, infectious diseases, and weather conditions. This decline also pushed up the price of chicken. In addition, Kuala Lumpur is currently investigating the alleged chicken cartel. They also smelled that there were allegations that the cartel had set prices and production. "The sudden announcement by Malaysia is likely to ...

Source: Cnbcindonesia