Japan Convenience Store Chains Start Selling Gov't Stockpiled Rice
TOKYO, June 5 (Bernama-Kyodo) -- Two major convenience store chains in Japan began selling government-released stockpiled rice at select stores in Tokyo and Osaka on Thursday, joining major supermarkets and e-commerce platforms in a move to increase availability of the staple food for consumers struggling with soaring rice prices, Kyodo News Agency reported.
The outlets of Family Mart Co. and Lawson Inc. will sell the rice from the 2021 harvest in small portions to make it affordable for people, including those living alone.
While many other retailers sell it in bags of five kilograms (kg) for about 2,000 yen (US$14), Family Mart sets the price of its one kg package at 388 yen, and Lawson's is at 389 yen and 756 yen for two kg. Both will limit their sales to one package per customer.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Express
an hour ago
- Daily Express
Ringgit likely to trade within RM4.22-RM4.23 against greenback next week
Published on: Saturday, June 07, 2025 Published on: Sat, Jun 07, 2025 By: Bernama Text Size: The ringgit ended the week higher against the US dollar, closing at 4.2270/2360 on Friday from 4.2530/2605 a week earlier. Kuala Lumpur: The ringgit is likely to trade around RM4.22 to RM4.23 next week, said an analyst. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said that next week multiple United States (US) economic data will be out, namely the US Consumer Price Index (CPI) and Producer Price Index (PPI) for the month of May which plays a key role in shaping the market. Advertisement 'While the data might show deceleration in inflation rate, the US Federal Reserve is likely to stay cautious as it is wary about the potential inflationary pressures arising from the tariff shocks. 'Already, responses from the US Institute for Supply Management (ISM) Index survey indicated that businesses have become more pessimistic as the higher tariffs have affected the supply chains and resulted in higher operating costs,' he told Bernama. The ringgit ended the week higher against the US dollar, closing at 4.2270/2360 on Friday from 4.2530/2605 a week earlier. The local note traded mostly higher against a basket of major currencies. Advertisement The ringgit rose vis-à-vis the Japanese yen to 2.9324/9390 from 2.9531/9585 and inched higher against the British pound to 5.7212/7334 from 5.7284/7385 a week earlier. However, it depreciated versus the euro to 4.8268/8371 at Friday's close from 4.8169/8254 at the end of last week. The ringgit traded mostly higher against ASEAN currencies. The local note improved against the Singapore dollar to 3.2862/2934 on Friday from 3.2938/3002 the previous week, edged higher versus the Indonesian rupiah to 259.5/260.2 from 260.4/261.1 and stronger vis-a-vis the Philippine peso to 7.58/7.60 from 7.62/7.64 a week before, However, it weakened versus the Thai baht to 12.9599/9947 from 12.9507/9790 last week. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Malay Mail
2 hours ago
- Malay Mail
Ringgit eyes stability next week as markets await US CPI, PPI
KUALA LUMPUR, June 7 — The ringgit is likely to trade around RM4.22 to RM4.23 next week, said an analyst. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said that next week multiple United States (US) economic data will be out, namely the US Consumer Price Index (CPI) and Producer Price Index (PPI) for the month of May which plays a key role in shaping the market. 'While the data might show deceleration in inflation rate, the US Federal Reserve is likely to stay cautious as it is wary about the potential inflationary pressures arising from the tariff shocks. 'Already, responses from the US Institute for Supply Management (ISM) Index survey indicated that businesses have become more pessimistic as the higher tariffs have affected the supply chains and resulted in higher operating costs,' he told Bernama. The ringgit ended the week higher against the US dollar, closing at 4.2270/2360 on Friday from 4.2530/2605 a week earlier. The local note traded mostly higher against a basket of major currencies. The ringgit rose vis-à-vis the Japanese yen to 2.9324/9390 from 2.9531/9585 and inched higher against the British pound to 5.7212/7334 from 5.7284/7385 a week earlier. However, it depreciated versus the euro to 4.8268/8371 at Friday's close from 4.8169/8254 at the end of last week. The ringgit traded mostly higher against Asean currencies. The local note improved against the Singapore dollar to 3.2862/2934 on Friday from 3.2938/3002 the previous week, edged higher versus the Indonesian rupiah to 259.5/260.2 from 260.4/261.1 and stronger vis-a-vis the Philippine peso to 7.58/7.60 from 7.62/7.64 a week before, However, it weakened versus the Thai baht to 12.9599/9947 from 12.9507/9790 last week. — Bernama
The Star
2 hours ago
- The Star
Cuts hit contract workers
Meeting of minds: Anwar receiving a courtesy call from Muhammad Shahrul in Putrajaya. — Photo courtesy of Anwar's Facebook page PUTRAJAYA: The move by PETRONAS to trim its workforce by about 10% involves mostly contract workers, says Prime Minister Datuk Seri Anwar Ibrahim. 'It mostly involves contract (positions),' Anwar said when asked to comment on reports that PETRONAS would cut about 5,000 employees as part of a 'right-sizing' process. Anwar, who is also Finance Minister, said this after performing Friday prayers with over 500 congregants at Surau Al-Ikhwan, Jalan Pinggiran Putra, near here yesterday, Bernama reported. Also present was Selangor Mentri Besar Datuk Seri Amirudin Shari. On Thursday, PETRONAS president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz was reported to have said that the national oil and gas company would cut about 10% of its workforce as part of its right-sizing and restructuring process. He also denied that the state-owned company would exit its business in Canada. PETRONAS had previously stated that it needs to right-size its workforce to ensure the company's sustainability in the decades to come. It has nearly 50,000 employees, according to its website. Separately, Anwar said he would contact his Thai counterpart, Paetongtarn Shinawatra, regarding the border dispute between Thailand and Cambodia. Anwar said that as the Asean Chair, Malaysia took note of the developments in both countries. 'We will issue a statement (on the outcome of the discussion with Paetongtarn) later,' he told reporters. On May 28, Thai and Cambodian troops were involved in a brief skirmish in Thailand's Ubon Ratchathani province and Cambodia's Preah Vihear province, which resulted in the death of a Cambodian soldier. Cambodia has since announced its intention to bring the border dispute to the International Court of Justice. Thailand, meanwhile, has reportedly reiterated its commitment to resolving the issue peacefully in accordance with international law, as well as existing agreements and memoranda with Cambodia. Earlier, Anwar received a courtesy call from the new Malaysian Ambassador to the United States, Tan Sri Muhammad Shahrul Ikram Yaakob. Anwar said that they discussed, among others, measures to strengthen bilateral ties between Malaysia and the United States, including strategic efforts to attract quality and high-impact foreign investments. 'Among (the topics) touched on included strengthening Malaysia-US ties as well as efforts to attract quality and high-impact foreign investments from the country,' he said in a Facebook post today. The Prime Minister also wished Muhammad Shahrul all the best on his appointment, while stating his confidence in the former to elevate Malaysia's aspirations, image and reputation to the highest level. On June 3, His Majesty Sultan Ibrahim, King of Malaysia, presented the instrument of appointment to Muhammad Shahrul in a ceremony at Istana Negara.
