In order to increase the supply of rice in the market, the government has cut import duty on rice by 37%. According to a gazette notification issued by the Ministry of Finance today (20 October), the existing customs duty on rice has been reduced from 25% to 15% and the existing regulatory duty has been […]
Irfan Noor The rice sector of Pakistan, contributing approximately $4 billion annually to the nation’s agricultural economy, is currently facing a significant threat due to an inquiry initiated by the Federal Investigation Agency (FIA) The inquiry targets 72 rice-exporting companies whose consignments were rejected by European countries for non-compliance with phytosanitary requirements. While ensuring compliance […]
Japonica – AAN has become the second Vietnamese rice brand to have entered Japan, with a ceremony held on October 9 to debut the produce. Tokyo (VNA) – Japonica – AAN has become the second Vietnamese rice brand to have entered Japan, with a ceremony held on October 9 to debut the produce. Addressing the […]
VOV.VN – Tan Long Group Joint Stock Company (Tan Long Group), in collaboration with Japan’s Kiraboshi Bank, hosted a ceremony in Tokyo on October 9 to launch the A An rice, the second Vietnamese rice brand in the Japanese market. With active support from Japan’s Kiraboshi Bank and the Vietnam Trade Office in Japan, Tan […]
Turmoil in market already impacted by poor harvest drives up costs for restaurants. JUMPEI KINEFUCHI, YUI SATO and FUMIKA NAKASHIMA, Nikkei staff writers TOKYO — The price of rice used by restaurants in Japan has surged by 30% to 40% from a year earlier, as food service companies move to secure supplies on expectations of […]
Delhi to resume non-basmati rice exports as it seeks to expand world market share. NEW DELHI – India is preparing to resume exports of non-basmati white rice as inventories in the world’s biggest exporter of the grain surge and farmers prepare to harvest a new crop. New Delhi set a floor price for non-basmati exports […]
Consumer behavior around food production remains largely disconnected from how the food they consume is actually grown. “The majority of the market is completely unaware of how their food is produced,” explains Anneke Stolk, co-founder of InstaGreen. It is a widespread problem. Most consumers in the western world -aka developed countries- lost that contact with […]
News Provided By: TBRC Business Research Pvt Ltd. LONDON, GREATER LONDON, UNITED KINGDOM, September 24, 2024 /EINPresswire.com/ — The rice market has experienced robust growth in recent years, expanding from $32.74 billion in 2023 to $35.64 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can […]
Third Anne Peralta-Malonzo AGRICULTURE Secretary Francisco Tiu-Laurel expressed confidence that the price of rice will go down to P45 per kilo by January 2025. In a press conference following a sectoral meeting in Malacañang on managing food and non-food inflation on Monday, September 23, 2024, Laurel cited various government interventions to arrest the increasing price […]
By Monitoring Desk LAHORE: The Indian government’s recent move to eliminate the minimum export price for basmati rice and relax restrictions on non-basmati rice exports has left Pakistani rice exporters anxious. These changes, which take effect in September 2024, threaten to disrupt the gains Pakistan made under previous restrictions. In fiscal year 2024, Pakistan exported […]
