# Tags

Economists urge gov’t to retain 15% tariff on rice. 

By: Jordeene B. Lagare MANILA, Philippines — The Foundation for Economic Freedom (FEF) is pushing to retain the 15-percent tariff on imported rice, warning that raising duties could drive up retail prices, disrupt local supply and undermine the country’s position in the regional rice market. “Reinstating the 35 percent tariff would likely reverse the consumer […]

Vietnam’s rice industry faces supply-demand dilemma: insiders

By Thanh Thanh, Minh Hue The Vietnamese rice industry is grappling with a dilemma: whether to expand its export markets despite the risk of insufficient domestic supply, or to refrain from expanding, which could lead to price pressure, according to insiders. At a seminar titled “Positioning Vietnamese Rice in the New Era,” organized by the […]

Thai rice prices hit over three-year low.

By VNA Prices of rice shipped from Thailand declined to an over three-year low this week due to US President Donald Trump’s move to impose import tariffs and an existing market surplus. Meanwhile, India’s rice export prices neared a two-year low on subdued demand. The US announced to impose a flat 26% tariff on all […]

South Korea will buy around 80,000 metric tonnes of rice, traders claim.

Posted to Maritime Reporter European traders reported on Monday that the state-backed Agro Fisheries & Food Trade Corporation of South Korea has published international tenders for the purchase of about 80,000 tons metric tonnages (tonnages) rice. The deadline for submitting price offers to tenders is April 15, 2019. The tenders are seeking different grades of […]

World’s largest deforestation project fells forests for bioethanol fuel, sugar, rice in Indonesia.

Local communities say they’re already experiencing harm from the government-backed project, which environmental watchdogs say is the largest current planned deforestation operation in the world. Jakarta: Indonesia plans to clear forests about the size of Belgium to produce sugarcane-derived bioethanol, rice and other food crops, potentially displacing Indigenous groups who rely on the land to […]

Bayer to issue carbon credits generated by rice farmers in India.

Bayer Rice Carbon Program being implemented in 11 states over past two years. By BL Bengaluru Bureau Bayer is announcing its first tranche of carbon credits from thousands of rice farmers implementing regenerative practices like direct seeded rice (DSR) farming in India. Credits of up to 250,000 tonnes of carbon dioxide equivalent (CO2e) are being […]