Focus Taiwan
Date: 2018/08/27
By: Lu Hsin-hui and Ko Lin 

Taipei, Aug. 27 (CNA) The Cabinet held a meeting on Monday to discuss how to stabilize vegetable prices following serious flooding in southern Taiwan as a result of the torrential rainfall last week.

Executive Yuan deputy spokesman Ting Yun-kung (丁允恭), who spoke to reporters after the meeting, said the government will do everything in its power to assist local farmers in the aftermath of the natural disaster.

Flood-related agricultural losses are estimated to have reached more than NT$500 million (US$16.2 million), Ting said, adding that the government has requested the Council of Agriculture (COA) monitor market conditions closely.

Ting said the Cabinet also instructed the COA to watch out for any price fluctuations in local markets and to supervise private wholesalers and their inventory to increase supplies when needed.    [FULL  STORY]