Iya Gozum The Philippines continues to grapple with high rice prices despite lower global prices, landed costs, and the tariff reduction the government implemented last July. Is there a rice cartel? MANILA, Philippines – Lower tariffs, among other factors, have not translated to lower rice prices, a National Economic and Development Authority (NEDA) official said […]
CHATURANGA PRADEEP SAMARAWICKRAMA Colombo, December 10 (Daily Mirror) – A gazette notification (2414/02) was issued yesterday by the Consumer Affairs Authority (CAA), specifying the maximum retail and wholesale prices for local rice varieties. Accordingly, these prices came into effect from yesterday (9). Following the issue of the gazette, the CAA has ordered that no manufacturer, […]
Real prices of rice have fallen in the decade from 2010 to 2020, benefiting consumers but generating lower real incomes for producers, according to a paper presented at an event in Dhaka yesterday. However, real prices of the staple food climbed in the years following the turn of the decade. Real prices are those which […]
By: Jordeene B. Lagare – @inquirerdotnet MANILA, Philippines — The Department of Agriculture (DA) is expected to launch the Rice-for-All program next week in two Metro Rail Transit Line 3 (MRT) and Light Rail Manila Transit Line 1 (LRT) stations. The department also plans to release new rice varieties called “sulit rice” and “nutri rice” […]
While Vietnam’s rice export prices are the highest in the world, local businesses have prioritized exporting premium-quality rice, importing lower-cost varieties for domestic use. According to a report from the Ministry of Agriculture and Rural Development (MARD), Vietnam exported 700,000 tons of rice in November, earning nearly $445 million. By the end of November, total […]
Reuters BENGALURU /MUMBAI/HANOI/BANGKOK/DHAKA: Prices of parboiled rice exported from India fell this week as the rupee depreciated to a record low even as demand for the staple was steady, while Vietnam and Thailand saw muted activity. Top exporter India’s 5% broken parboiled variety was quoted at $444-$450 per metric ton this week, versus last week’s […]
By Bernama PASIR MAS (Dec 2): The shortage of rice supply after the paddy farming industry was affected by floods, will addressed by reducing the price of imported white rice, effective Sunday. Minister of Agriculture and Food Security Datuk Seri Mohamad Sabu said that the shortage was inevitable as paddy farming has been the most […]
Padiberas Nasional Berhad (BERNAS) has announced a price reduction for imported white rice (BPI), aligning with the government’s efforts to alleviate the cost of living for Malaysians. Effective 1 December 2024, the price of BPI at BERNAS warehouse gates in Peninsular Malaysia will decrease from RM3,000 to RM2,800 per metric tonne. This announcement follows the […]
Lower freight rates from Pakistan help its exporters; rates rebound on Philippines demand, delay in harvest of new crop. By Subramani Ra Mancombu. Rice prices in the global market have begun to firm up after dropping over 10 per cent. Still, Pakistan is offering tough competition to India with its competitive pricing. “Rice prices have […]
By Dean Aubrey Caratiquet In yesterday’s (Nov. 27) inaugural meeting of the newly established Murang Pagkain Supercommittee, House Ways and Means panel chair Joey Salceda emphasized that their goal is to bring rice prices as close as possible to the President’s aspiration of P20 per kilo. “A big part of that is cutting down excessive […]
