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Indonesia ensures rice price stability through market ops

Jakarta (ANTARA) – Indonesia’s Agriculture Minister Andi Amran Sulaiman has assured that the government will continue rice market operations to protect the public from soaring staple prices. He confirmed on Sunday that the government is acting on President Prabowo Subianto’s directive to curb the surge in rice prices. Under the Food Price Stability (SPHP) scheme, […]

Asia rice: Vietnam rates rise on low domestic supplies; improved demand lifts India prices

Reuters Vietnamese rice prices rose this week as domestic supplies tumbled, while Indian rates also ticked higher on rupee appreciation and improved demand. Vietnam’s 5% broken rice was offered at $399 per metric ton on Thursday, up from $395 a week ago, according to the Vietnam Food Association. “Prices are higher as domestic supplies are […]

Indonesia’s West Pasaman optimizes 500 ha to boost rice production

Simpang Empat (ANTARA) – The West Pasaman District Government in West Sumatra is optimizing agricultural land to boost rice production in the region. “Land optimization is essential to improve fields and irrigation channels so that water flows smoothly. We hope this will increase rice yields,” said Doddy San Ismail, West Pasaman Food Crops and Horticulture […]

Gov’t Floods Market with Rice Reserves as Prices Break Ceiling

The Jakarta Globe Jakarta. The Indonesian government will release 1.3 million tons of rice from national reserves into the market to curb rising prices and maintain supply stability, presidential spokesperson Hasan Nasbi said on Thursday. The move comes as rice prices surge across all quality grades in nearly all regions of the country. According to […]

Indonesia readies Gaza rice delivery as Israeli attacks persist

Foreign Minister Sugiono urged Israel to immediately open unhindered humanitarian corridors into Gaza and to refrain from weaponising starvation, condemning the rising number of civilian casualties under the ongoing blockade. Yvette Tanamal – The Jakarta Post JAKARTA – Indonesia is hoping to deliver its humanitarian aid to Gaza, including 10,000 tonnes of rice, via land […]

Executives in Wilmar unit charged in Indonesia rice-mislabelling case

The case is part of a broader police probe launched in July into four major rice producers, including Wilmar’s Indonesian unit, over alleged mislabelling. Elisa Valenta [JAKARTA] Indonesia’s National Police have identified three senior officials from rice producer Padi Indonesia Maju (PIM), a wholly-owned subsidiary of Wilmar International Limited, as suspects in a corruption case […]

Indonesian Govt to scrap rice quality classification to curb illegal blending

JAKARTA: The government is planning to scrap the rice quality classifications of medium and premium to tackle a recent surge in illegal blending across the country. Coordinating Food Minister Zulkifli Hasan said the decision came in the wake of widespread adulteration of rice that involved blending the two different qualities for selling at premium prices. […]

Asia Album: Indonesia records historic rice reserves at 4.2 mln tons following production surge

Source: Xinhua, Editor: huaxia JAKARTA, July 22 (Xinhua) — Indonesia has recorded a 48 percent increase in rice production, with government rice reserves reaching 4.2 million tons, according to President Prabowo Subianto. “Our food production has never before in history reached government rice reserves of more than 4.2 million tons. Corn production has also risen […]

Indonesian president decries rice cartel practices, cites huge annual losses

by Agency Report Indonesian President Prabowo Subianto, on Monday expressed deep concern over massive losses inflicted by fraudulent practices in the country’s rice trade. He said he had received reports indicating that so-called food cartels had manipulated both rice prices and supply, resulting in annual losses of up to 100 trillion rupiahs (around 6.1 billion […]