Sri Lanka State Trading (General) Corporation stated that the first batch of rice imported by the Government will arrive in the country by December 16. Under this, bids have been invited to import 5,200 metric tonnes of rice initially. Importers have been given the opportunity to bring another 5,200 metric tonnes and 20,800 metric tonnes […]
Higher import tariffs on rice lead to larger price spikes across the year, experts observed at a BIDS seminar on Sunday. A robust production, coupled with the government intervention through procurement and sales, could keep the rice market stable, according to a study conducted by the IFPRI researchers. The report, titled ‘Rice Markets and Price […]
Essential food importers say over 10,000 metric tonnes of rice dispatched from the Thoothukudi Port in India has neared the Colombo Harbour, it was reported. According to the Lankadeepa newspaper, over 20,000 metric tonnes of rice ordered from small ports by several importers is expected to reach Sri Lanka before 13 December 2024. The rice […]
Apart from India, rice will be imported from Myanmar, Vietnam, Thailand, and Pakistan as well. Rice imports from several countries, including India, will help address a potential shortage, Food Adviser Ali Imam Majumder said today (8 December). “While domestic rice production usually reduces the need for imports, this year’s floods in the eastern region have […]
The Essential Food Commodities Importers & Traders Association says that the first shipment of imported rice will arrive in the island next week. A spokesperson of the association stated that several importers have already placed orders for rice stocks in accordance with the government’s instructions to import rice. He highlighted that the relevant rice stocks […]
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 […]
Andrea Taguines, ABS-CBN News MANILA – More than 700 shipping containers filled with imported rice continue to languish at Manila ports even after securing customs clearance, said the Philippine Ports Authority (PPA) on Friday. According to PPA General Manager Jay Santiago, 736 overstaying containers were recorded as of the end of November. He said these […]
By Daily Excelsior DHAKA, Dec 4 : Bangladesh is set to import 50,000 tonnes of rice from India, a top official said on Wednesday. The cabinet committee on public purchase approved the proposal during the day, the Finance Adviser of Bangladesh’s Interim Government Salehuddin Ahmed said. The decision comes at a time when diplomatic ties […]
Earlier, rice import from India through Benapole port was stopped since November 2022 as 62 per cent tax was imposed to discourage rice import. Tribune Desk After the tax was withdrawn,1,655 tons of rice were imported from India through Benapole land port in the last 17 days. Rice import resumed on November 17 after 2 […]
Colombo , December 5 (Daily Mirror) – Stocks of imported rice will be released from the Colombo Port within four hours of their arrival, provided the necessary taxes are paid, Additional Director General of Customs, Seevali Arukgoda said. Addressing the media he said these measures aim to streamline the importation process and ensure the timely […]
