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Engro Corporation to sell rice processing subsidiary to MAP Rice Mills in Rs2.4bn deal.

Pakistan’s largest conglomerate, Engro Corporation, has decided to sell its wholly-owned subsidiary, Engro Eximp Agriproducts (Private) Limited (EEAP) to MAP Rice Mills (Private) Limited for Rs2.4 billion (USD 8.61 million). The development was disclosed by Engro Holdings Limited, formerly Dawood Hercules Corporation Limited, in its notice to the Pakistan Stock Exchange (PSX) on Wednesday. “Please […]

Thailand’s rice exports hit six-year high in 2024.

BANGKOK: Thailand’s rice exports reached a six-year high in 2024, with a total volume of 9.95 million tonnes, marking a 13 per cent increase from a year earlier, reported Xinhua, citing official data. The South-East Asian nation’s rice export value last year amounted to 225.66 billion baht (about US$6.43 billion), accounting for a rise of […]

NFA to distribute 150,000 MT of rice under national food security emergency.

By JON VIKTOR D. CABUENAS, GMA Integrated News The National Food Authority (NFA) is looking to distribute some 150,000 metric tons (MT) of rice from its buffer stock once a national food security emergency is declared, the Department of Agriculture (DA) said Wednesday. According to the DA, the NFA plans to release around 3 million […]

Govt to import rice, fertilizer, diesel

The committee approved measures to ensure a steady supply of essentials and strict monitoring during Ramadan. The government will import rice, fertiliser and diesel and procure sugar and lentil from local suppliers to meet the domestic demands. Advisers’ Council Committee on Government Purchase (ACCGP) in a meeting on Tuesday, with Finance Adviser Dr Salehuddin Ahmed […]

CM Maryam Nawaz welcomes China’s BGI group to invest in rice, corn cultivation in Punjab.

By Staff Report. LAHORE: The Chinese company BGI Group has offered a pilot project for rice and corn cultivation in Punjab along with planting GMO cotton to yield more production. It will also collaborate for cancer treatment and genetic testing in Punjab. Chief Minister Punjab Maryam Nawaz Sharif met Chinese BGI Group Chairman Wang Jian. […]

FPCCI rice committee addresses key challenges, opportunities to boost exports.

By Our Correspondent. KARACHI: The Central Standing Committee on Rice Production & Export Promotion, chaired by Rafique Suleman, convened a crucial meeting at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to discuss pressing issues and future opportunities for the rice sector. Suleman, former chairperson of the Rice Exporters Association of Pakistan (REAP), […]

Thai rice exports seen falling over 20%.

WRITER: Reuters Thailand’s rice exports are seen falling about 24% to 7.5 million metric tonnes this year, the Commerce Ministry reported on Tuesday. The lower forecast was due to the resumption of exports from India and improved volumes from other rice producers, Arada Fuangtong, head of the ministry’s Foreign Trade Department, told a media conference. […]