By Ogaga Ariemu Economists and financial analysts have explained that conflict of interest is the reason why the recent drop in the price of rice attracted mixed feelings from Nigerians and traders. The Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Muda Yusuf, and the Executive Officer of SD & D […]
Author: DA Press Office The Department of Agriculture (DA) is moving swiftly to consolidate nationwide consultations on the comprehensive revision of the Rice Tariffication Law (RTL), confident that the reforms will help curb persistently high rice prices while restoring fairness to struggling Filipino farmers. The series of regional consultative meetings, set to conclude next week, […]
A total of 3,500 metric tons of ‘Ponni Samba’ rice have been imported into the country, Sri Lanka Customs has stated. The decision to import ‘Ponni Samba’ rice has been taken by the government as a solution to the shortage of ‘Keeri Samba’ rice in the local market, at present. Accordingly, the first consignment of […]
by Peter Anayo Rice prices have dropped drastically in several Lagos markets due to a surge in imports through the borders, easing the burden on consumers. The development, however, has raised concern among traders over reduced profits and business sustainability. The News Agency of Nigeria reports that 50 kg of rice in Lagos currently sells […]
The event will target Rs 1.80 lakh crore in new rice import markets currently sourced from India’s competitors Parul India is setting its sights on expanding its dominance in the global rice trade, aiming to capture up to 55-60 per cent of the world market share, Prem Garg, Chairman of Shri Lal Mahal Group and […]
In January-September this year, Azerbaijan imported 42,303 tons of rice worth $39.8 million, Report informs, citing the State Customs Committee. Compared to the same period last year, rice imports decreased by 10,235 tons, or 19.5%, while the total value dropped by $14.96 million, or 27.3%. During the reporting period, spending on rice imports accounted for […]
Reuters BENGALURU / HANOI, MUMBAI / BANGKOK / DHAKA: Indian rice exports edged up from a more than nine-year low this week, supported by a stronger rupee despite muted demand, while Thai prices extended declines for a sixth consecutive week, hitting an 18-year low on weak buying activity. Very few export deals were signed in […]
According to data from Singapore’s Accounting and Corporate Regulatory Authority (ACRA), the city-state imported 87.8 million SGD (about 67.5 million USD) worth of rice from Vietnam in the first nine months of 2025, down 11.5% year-on-year, accounting for 25.3% of Singapore’s total rice imports. Singapore (VNA) — Rice continues to be Vietnam’s key export to […]
Reuters HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 metric tons of rice, traders said on Wednesday. The deadline for submission of price offers is November 6. Bangladesh has also issued a separate tender seeking 50,000 tons of rice with price offers to be submitted on November 3. Bangladesh’s government […]
BSS DHAKA, Oct 22, 2025 (BSS) – The Advisers Council Committee on Government Purchase today gave approval for the import of a total of 100,000 metric tonnes of rice including non-Basmati and Atap varieties worth about Tk 446.22 crore alongside several key infrastructure and power sector proposals. The approvals came from the 42nd meeting of […]
