Agreements signed for importing 4.5 lakh tonnes as domestic producers fail to supply at govt-fixed rate.Daily Sun Report, Dhaka The interim government is planning to import seven lakh tonnes of rice, the highest in about seven years, to build its staple food reserves. The government initially planned to fill its reserves by purchasing from local […]
Last week, the government lowered the issue price of rice to be sold to distilleries for making ethanol to ₹22.50/kg, as against the economic cost of ₹39.75/kg, effectively subsidising ₹17.25/kg from public exchequer. By Prabhudatta Mishra. Oil marketing companies this week are expected to float tender under Cycle 3 (C3) for the supply of about […]
By: Ferdinand Patinio. MANILA – The Department of Agriculture (DA) on Saturday clarified that there is no rice supply shortage amid plans to declare a food security emergency. “We just would like reiterate: There is no shortage in the supply of rice in the country,” DA Assistant Secretary Arnel de Mesa stressed at the Saturday […]
Nigeria received a shipment of brown rice as it seeks to alleviate climbing food costs that are squeezing consumers. A consignment of 32,000 tons — the first in a decade — has arrived in Lagos, according to logistics company DUCAT who facilitated the shipment. The grain from Thailand was shipped after the West African nation […]
Retailers attribute this surge to rate hikes by mill owners and are calling for stricter monitoring at the mill gates. Government measures, including reduced import tariffs, have yet to make an impact on market prices. Highlights The price of rice has risen by Tk6-10 per kg over the past month, despite the peak Aman season, […]
The Bangladesh interim government has approved the import of 50,000 tonnes of non- basmati parboiled rice from India to fulfill domestic demand. A private Indian company will supply the rice at a cost of $22,942,000, evidencing a consistent trade relationship despite recent diplomatic tensions. DHAKA: The Bangladesh interim government has approved import of 50,000 tonnes […]
After the recent hike in rice prices, govt takes up initiative to increase supply at affordable prices. Two metric tonnes of rice will be sold daily in 422 upazilas across the country under the OMS (Open Market Sale) programme. In the first phase, this programme will run during January and February, according to a notice […]
Published by : Navalsang Parmar. In Bangladesh, under the government’s open tender agreement, the second shipment of 27,000 tons of rice is scheduled to arrive tomorrow at Chattogram port from Kakinada port of Andhra Pradesh, India. Amid harvest season, the rice prices have continued to rise, contrary to the expectations of the interim government. To […]
Julian Isaac Minister of Agriculture, Amran Sulaiman, reveals that West, Central, and East Java are key provinces in achieving the government’s target of rice self-sufficiency in 2025, with around 60 percent of national rice production originating from these three locations. The Coordinating Ministry for Food Affairs cited that the total primary to tertiary irrigation network […]
Everybody wins in ‘Rice for All’ program By Intercontinental Broadcasting Corporation (IBC-13) Because rice is considered the essence of the Filipino, it’s only fair that they should be offered to the Pinoy consumer in the most affordable way possible. This is exactly what the administration of President Ferdinand R. Marcos Jr. has set out to […]
