By Stephanie Sevillano MANILA – The Department of Agriculture (DA) is pushing for a modest increase in tariffs on imported rice to at least 25 percent from the current 15 percent, which will support local farmers. This is part of the Marcos administration’s target measure to gradually revert to the original 35 percent tariff on […]
This inflationary trend comes despite a bumper Boro crop, the largest in Bangladesh‘s history. BANGLADESH – Rice prices in Bangladesh have increased by up to 16% year-on-year, despite the country recording a bumper harvest this season and large import volumes during the recently ended 2024–25 fiscal year. This sudden surge in prices has sparked major […]
ANM Mohibub Uz Zaman, Journalist Rice prices in Bangladesh have shot up over the past year – rising by as much as 16% – despite a record-breaking harvest this season and large volumes of imports in the just-concluded 2024-25 fiscal year. This sharp increase is making life even harder for limited- and low-income families who […]
The agreement also includes the purchasing of U.S. defence equipment. The Japan News WASHINGTON – The administration of U.S. President Donald Trump on Wednesday released the content of its trade and investment agreement with Japan following tariff talks between the two countries. The agreement includes Japan increasing imports of U.S. rice by 75%, investing $550 […]
In India, prices are set to fall on popular British imports such as Scotch whisky, cars, cosmetics, medical devices, chocolates, soft drinks, and biscuits. NDTV Profit Desk India and the United Kingdom on Thursday signed a landmark Free Trade Agreement, officially called the Comprehensive Economic and Trade Agreement, aimed at deepening economic ties and boosting […]
By Kaori Kaneko TOKYO, July 23 (Reuters) – Japan will import more rice from the United States but within the existing tariff-free quota, Prime Minister Shigeru Ishiba said on Wednesday, stressing Tokyo’s success in protecting the agricultural sector in agreeing a bilateral trade deal. After months of negotiations, the two countries struck a deal to […]
Source: Eastern Mirror. India’s exports of agricultural and processed foods got off to a great start in FY26, growing 7 per cent year-on-year to $5.96 billion in the April–June quarter (Q1 FY26). The centre-piece of India’s agricultural exports is still rice. The shipments of both non-basmati and basmati rice increased by 3.5 per cent to […]
The spike follows the government’s decision to remove advance taxes on paddy imports. In total, Nepal brought in 531.1 million kilograms of paddy, generating Rs 1.52 billion in revenue for the government. By REPUBLICA KATHMANDU, July 23: Nepal saw a sharp rise in rice and paddy imports in the Fiscal Year (FY) 2024/25. According to […]
Korea’s agriculture officials remain firm against the import of sensitive food products amid trade pressures. By Kim Min-jeong The possibility of excluding “sensitive items” such as rice and beef from the negotiation cards in the Korea-U.S. trade negotiations is increasing. The Ministry of Agriculture, Food and Rural Affairs maintains a “no market opening” stance on […]
By: Jordeene B. Lagare – Reporter MANILA, Philippines – Domestic palay (unmilled rice) output likely rose in the second quarter of this year due to favorable weather conditions, leading to reduced imports of the staple. In its latest report, the Philippine Statistics Authority (PSA) estimated palay production at 4.35 million metric tons (MT) in the […]
