Despite this downturn, the United States Department of Agriculture (USDA) projects that the Philippines will remain the world’s leading rice importer in 2025, with imports expected to rise to 5.4 million tonnes, and further increase to 5.5 million tonnes in 2026. Hanoi (VNA) – By the end of May 2025, the Philippines has observed a […]
By: Jordeene B. Lagare. Minimum wage earners in the Philippines will be able to purchase cheaper rice a day after Independence Day, according to the Department of Agriculture (DA). The target launch date for selling subsidized rice to minimum wage earners is June 13, Agriculture Secretary Francisco Tiu Laurel Jr. said during a market visit […]
TBS Report The minimum export price has been set at $1.60 per kg, equivalent to Tk196.80. The government has approved the export of 5,800 tonnes of aromatic rice in a second phase, allowing 52 companies to export. A circular from the Ministry of Commerce on Wednesday (28 May) said each company can export between 100 […]
Jakarta (ANTARA) – Agriculture Minister Andi Amran Sulaiman stated that reaching four million tons in government rice reserves demonstrates both improved farmer welfare and the nation’s self-reliance. “All parties have worked together to help Indonesia secure the biggest rice reserves in history,” he remarked in Jakarta on Friday. This achievement is inseparable from the strategic […]
Source: Bangkok Post Thailand is promoting its high-quality and distinctive rice varieties, anticipating that the Thailand Rice Convention will secure 100,000 tonnes in orders and generate over 2 billion baht in revenue. At the 10th Thailand Rice Convention (TRC) 2025 in Bangkok on Monday, Commerce Minister Pichai Naripthaphan said the government is committed to enhancing […]
New rice export rules are driving up costs for traders with pre-contract storage mandates. Several proposed regulations in the draft decree on rice export business are raising costs and increasing capital pressure for new traders. These include requirements to stockpile at least 1,250 tons of rice even without having signed contracts, and the obligation to […]
By: Jordeene B. Lagare MANILA, Philippines — The Philippines’ rice supply is expected to remain stable during the lean season following a good harvest, according to the Department of Agriculture (DA). In a briefing on Wednesday, Agriculture Assistant Secretary Arnel de Mesa said retail prices of the staple should be steady. He said the is […]
The condition that traders must own, rather than lease, warehouses for storing rice is inconsistent with market principles. It increases entry costs, creates challenges for small and medium-sized enterprises, and contradicts the spirit of Resolution No. 68-NQ/TW on promoting the private sector, which emphasises “regulation, not prohibition”. HÀ NỘI — The Việt Nam Chamber of […]
KUALA LUMPUR, MALAYSIA — President Marcos on Tuesday pledged to sustain his administration’s affordable rice program until the end of his term as he directly addressed for the first time his naysayers who have been saying the P20 per kilo rice initiative will not be sustainable in the long run. “There are those who are […]
Story by Kristina Maralit,Giselle P. Jordan PRESIDENT Ferdinand Marcos Jr. on Wednesday said the government is working to ensure that the selling of rice at P20 per kilo would be sustained until the end of his term in 2028. In a roundtable discussion with reporters at the conclusion of the 46th Association of Southeast Asian […]
