Bella Cariaso – The Philippine Star MANILA, Philippines — Despite being the world’s biggest rice importer, with at least 3.29 million metric tons imported, retail prices of the staple in the country remain high, rice watchdog group Bantay Bigas has bewailed. Bantay Bigas spokesperson Cathy Estavillo cited the administration’s dependence on rice imports from countries […]
Experts feel farmers may have shifted to paddy from cotton and pulses. By Prabhudatta Mishra The area under kharif paddy this year is believed to have increased by over 65 lakh hectares (lh) from 407 lh in the previous year, as per digital crop survey of the Agriculture Ministry. In the past five years, the […]
By Dimsumdaily Hong Kong 21st October 2024 – (Tokyo) Reports from local media on Monday revealed a significant 48% surge in the average price of newly harvested rice in Japan in September compared to the previous year. This sharp increase has been attributed to escalating production costs and heightened market demand following a supply shortage […]
By Ngoc Diem, Hai Yen Stocks of several major Vietnamese rice exporters, once prominent on exchanges, have dropped significantly as they grapple with financial distress. This is happening despite industry insiders sketching a positive outlook for rice exports this year. Trung An Hi-Tech Farming JSC, one of the first private rice exporters in Vietnam, suffered […]
Rice price expected to drop by Tk14.40 per kilogram. The government has reduced import duty and regulatory duty on the import of rice alongside withdrawing advance tax to keep the price of rice within the purchasing power of the general public. The National Board of Revenue (NBR) issued a gazette notification in this regard on […]
By HT Correspondent, Chandigarh Punjab Congress leader Partap Singh Bajwa says rice millers of the state have been staring at an estimated ₹6,000-crore loss. According to rice millers, CM Mann proposed transporting Punjab’s paddy to distant states like West Bengal and Kerala for milling, says Bajwa. Blaming the state government for “mismanagement” amid the rice […]
The CM said that the state government has already enhanced the labour charges adding that if needed he will explore possibility of further increasing it. Written by Kanchan Vasdev Adopting a tough stance against the constant disruption in paddy procurement, Punjab Chief Minister Bhagwant Mann Saturday warned the stakeholders that his government will not allow […]
By bno – Taipei Office Metrobank Research has projected that declining rice prices will help maintain inflation at a stable 2% for the remainder of the year, enabling the Bangko Sentral ng Pilipinas (BSP) to consider further interest rate cuts to support economic growth. In its latest commentary, the bank highlighted that lower rice prices, […]
In order to increase the supply of rice in the market, the government has cut import duty on rice by 37%. According to a gazette notification issued by the Ministry of Finance today (20 October), the existing customs duty on rice has been reduced from 25% to 15% and the existing regulatory duty has been […]
Prime Minister Phạm Minh Chính has said we must “breathe life into the rice plants,” instilling new vitality in the rice industry through digital technology, green development, circular economy, and innovation. HÀ NỘI — Known as a major rice producer worldwide, Việt Nam is making significant strides in reducing the environmental impact of this staple […]
