The Japanese government on April 9 announced that it would release another 100,000 tons of stockpiled rice onto the market — the third such move to combat the recent surge in prices of the staple. Further releases are planned monthly through July. The sharp rise in prices has dealt a blow to our daily lives, […]
By Hyonhee Shin /Bloomberg Surging rice prices in Japan have opened a rare window of opportunity for South Korean producers to export the staple food to the country. Japan imported South Korean rice for the first time since 1999 this month as soaring prices of domestic grain fueled demand for foreign products despite heavy tariffs, […]
By PIA. It was a timely and crucial initiative to address the rising food prices and many families’ financial strain. Last week, the government ramped up efforts to provide affordable rice to the country’s most vulnerable households. At the forefront of this initiative is the PhP29 per kilo rice program, which has recently been expanded […]
By MARIEL CELINE SERQUIÑA, GMA Integrated News Senatorial candidate and ACT-CIS party-list Representative Erwin Tulfo on Sunday called for the restoration of the National Food Authority’s mandate to purchase palay from local farmers and sell rice at more affordable prices. “It is high time that Congress revisit and make the necessary amendments to the Rice […]
TBS Report The government, on 17 November 2024, allowed 92 importers to bring rice from the neighbouring country to keep the prices of the staple food in the country’s market stable. The interim government has halted rice imports from India through the Benapole Land Port. “Rice import through Benapole Port has been stopped since Tuesday […]
By Toru Fujioka / Bloomberg Consumer inflation picked up last month, bolstered in part by surging rice prices, supporting the central bank’s stance on a gradual rate hike path before U.S. tariff measures clouded the economic outlook. Consumer prices, excluding fresh food, rose 3.2% from a year ago in March, accelerating from a 3% increase […]
According to the United States Department of Agriculture (USDA), domestic milled rice production is forecasted to go up by 18 percent from last year’s estimated production to reach 900,000 metric tonnes (MT). USDA’s prediction is based on expectations of improved weather conditions and assumes that farmers will give greater consideration to the Ghana Meteorological Agency’s […]
While Japan’s government maintains high tariffs to protect domestic farmers, the 1,00,000-tonne quota for tariff-free rice imports has already been met for the first time in seven years, with additional taxed imports also climbing. By Reuters When a severe rice shortage sent prices skyrocketing in Japan last year, Tokyo restaurant owner Arata Hirano did what […]
VOV.VN – The Vietnam Trade Office in the Philippines has forecast that the Philippines’ rice import demand this year will remain high and Vietnam will continue to be its leading rice exporter. According to the trade office, the Philippines has long been a traditional and strategic market for Vietnam’s rice exports, accounting for 80–85% of […]
By PCO The government tripled the supply of the PhP29 per kilo of rice for the poor and vulnerable households in Kadiwa stores, an official of the National Food Authority (NFA) said. In a press briefing in Malacañang on Tuesday, NFA Administrator Larry Lacson said Agriculture Secretary Francisco Tiu Laurel Jr. recently ordered to increase […]
