Wednesday, May 07, 2008

Burma Cyclone

So, the news reported that Cyclone Nargis has hit Burma and caused unprecended damage for the Burmese people. While I express my condolences to the tens of thousands of dead, injured and homeless, I must state that our lives here in Singapore is also going to be harder in the foreseeable future.

If you can remember, Burma is a rice producing nation and only a selected few countries dares to buy them (Singapore for instance). With the scale of damage sustained by the Irawaddy plain, I doubt Burma rice production can recover in a year's time.

This will further push up Singapore's already 26 year high CPI.

More Good Years Ahead, indeed.


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Abao said...