Kyoko Altman at PostGlobal

Kyoko Altman

Hong Kong, China

Kyoko Altman has worked as a correspondent and anchor for CNN and CNBC, and as a news-magazine reporter for Japan's top-ranked news program 'News Station' on TV Asahi. She has covered more than twenty countries. Close.

Kyoko Altman

Hong Kong, China

Kyoko Altman has worked as a correspondent and anchor for CNN and CNBC, and as a news-magazine reporter for Japan's top-ranked news program 'News Station' on TV Asahi. more »

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April 2008 Archives



April 18, 2008 5:36 PM

Panic and Asia's Rice Crisis

I must confess: when I saw the front-page photo in the local Hong Kong newspaper of people hoarding rice, with a headline that shouted, ‘Threats of Curbs on Thai Rice Sends Jitters in Hong Kong,’ my first thought was, “Maybe I should load up on some extra bags of rice, too – just in case.”

Unfortunately, it is this kind of panic mentality that is feeding a rice crisis here in Asia. Soaring prices and the fear of scarcity have prompted not just consumers but also governments to hoard. India, Vietnam, Cambodia and Indonesia have all announced drastic limits on the amount of rice they will export. As these traditional rice exporters tighten their grip on reserves, countries that rely on imports are scrambling to secure supplies.

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