TBS Report Dhaka announced on Wednesday it would allow duty-free imports of 500,000 tonnes of rice in a move aimed at stabilising domestic prices. Rice prices in India have risen by as much as 14% in two days after Bangladesh removed a 20% import duty on the staple, prompting traders across the border to rush […]
Despite govt’s permission, importers at the Dinajpur-based land port say they are unwilling to proceed because customs duties and taxes remain high UNB Although rice imports through Hili land port have begun, importers have been refraining from clearing their consignments from customs, fearing heavy financial losses due to high import duty. Despite receiving the government’s […]
HANOI: The Vietnam Food Association has asked the country’s trade ministry to challenge a move by the Philippines to suspend rice imports for two months, two sources told Reuters, with traders saying it will harm local production. The Philippines, Vietnam’s biggest rice buyer, said last week that it would suspend rice imports for 60 days […]
Sukanta Halder Apparently for floods, data inconsistencies. Bangladesh’s rice imports surged to a seven-year high in the last fiscal year (FY25) of 2024-25, driven by a shortfall in domestic production, according to official data. Public and private importers brought in 14.36 lakh tonnes of rice last fiscal year, the highest since FY18, when Bangladesh imported […]
BSS DINAJPUR, Aug 12, 2025 (BSS) – To keep the price of rice stable, the government has allowed 15 trading organizations to import 26,000 tonnes of rice from India through Hili land port. Deputy Assistant Officer of the Quarantine Department of Dinajpur Hili Land Port Md Yusuf Ali said today that rice import activities from […]
UNB News In a move to control rising rice prices and stabilise the market, the government has authorised 242 private companies to import a total of 5 lakh metric tonnes of rice, including both parboiled and uncooked varieties. A letter from the Ministry of Food was sent to the Commerce Ministry on Sunday, requesting permission […]
Rice prices may soon rise following President Ferdinand Marcos Jr.’s order to suspend all rice importation for 60 days starting September 1, 2025, a stakeholders’ group warned. Philippine Rice Industry Stakeholders Movement lead convenor Rowena Sadicon said the reduced supply of imported rice will push demand toward local stocks, driving prices upward. “Kapag nabawasan ang […]
Philippines agrees to boost imports of Indian food products, lifts restrictions on Basmati rice, strengthening Indo-Philippine trade and food security. Posted by Shivam In a significant step towards strengthening bilateral trade, a high-level delegation from the Philippines has agreed to increase imports of key Indian food products, including rice, buffalo meat, vegetables, fruits, and peanuts. […]
Synopsis A new 50% tariff imposed by the US on Indian rice exports, effective August 27, threatens to significantly increase prices for the Indian diaspora in America. This could lead to a shift towards cheaper Pakistani alternatives. The Indian diaspora in the United States may soon have to pay up to 50% more for rice […]
By Manolo Serapio Jr Takeaways by Bloomberg AIHide The Philippines will suspend rice imports for 60 days from Sept. 1 to support local farmers, a move that could further pressure global prices as the top buyer of the grain pulls back from the market. President Ferdinand Marcos Jr. issued the order to protect farmers reeling […]
