COOK rice according to package directions.
Meanwhile, in a large, non-stick frying pan, HEAT oil over medium heat.
ADD curry paste; SIMMER until dissolved and foaming, about 2 minutes.
STIR in coconut milk; COOK for 4 minutes, STIRRING occasionally.
ADD chicken; SIMMER for 4 minutes.
STIR in sugar, fish sauce and bell pepper slices; SIMMER until chicken is cooked, about 3 minutes more.
ADD chopped basil.
Serve chicken over hot rice.
May substitute shrimp for chicken, cooking shrimp until pink.
Per Serving (excluding unknown items): 2133 Calories; 202g Fat (80.9% calories from fat); 58g Protein; 50g Carbohydrate; 18g Dietary Fiber; 99mg Cholesterol; 233mg Sodium. Exchanges: 5 1/2 Lean Meat; 1/2 Vegetable; 2 1/2 Fruit; 40 1/2 Fat; 0 Other Carbohydrates.