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Pakistan-Bangladesh trade surpasses $1bn, set for further expansion: report

First rice shipment in two decades exported as both nations explore broader trade cooperation. By Monitoring Desk. Trade between Pakistan and Bangladesh has crossed the $1 billion mark, with both countries showing interest in expanding commerce across multiple sectors. Bangladesh’s High Commissioner to Pakistan, Muhammad Iqbal Hussain Khan, revealed this while speaking to The News […]

Vietnam expected to export over 7.5 million tonnes of rice in 2025.

MARD’s supply and demand report sent to the Ministry of Industry and Trade (MoIT) projects the Mekong Delta will cultivate 3.78 million hectares of rice, yielding more than 23.96 million tonnes. Of this, 15.08 million tonnes of commercial rice, equivalent to 7.54 million tonnes of husked rice, will be available for export. Hanoi (VNA) – […]

U.S. Rice Outlook: Higher Stocks, Lower Exports, and Price Dip

The 2024/25 U.S. rice outlook indicates increased supplies due to higher imports, particularly in long-grain varieties, while medium- and short-grain imports decline. Domestic use reaches a record 166.0 million cwt, but exports are reduced by 4.0 million cwt to 96.0 million, mainly impacting rough rice sales in the Western Hemisphere. Ending stocks rise 18% year-over-year […]

MoU between India & Indonesia on Non-Basmati White Rice Trade.

Utkarsh Classes. The Union Cabinet has approved the Memorandum of Understanding (MoU) signed by the Union Ministry of Cooperation and the Ministry of Trade of Indonesia. The approval was given in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi in New Delhi. Terms of the MoU The export of rice is […]

PH importers delay purchases of 350,000 tons of Vietnamese rice – report

By GMA Integrated News. Rice importers from the Philippines have delayed purchases of around 350,000 metric tons of Vietnamese rice, according to a report by international news agency Reuters. The report, which was cited by ”24 Oras Weekend” on Saturday, said traders are currently renegotiating agreements after Vietnamese rice prices saw a “steep decline” in […]

Vietnam works to expand markets, sustain rice export growth

By mid-January, Vietnam had exported 268,700 tonnes of rice, generating nearly 165.7 million USD, up 38.7% in volume and 23.28% in value year-on-year. To sustain exports, authorities are prioritising trade promotion, with the Ministry of Industry and Trade implementing measures to boost rice exports. Hanoi (VNA) – Vietnam’s rice exports hit a record 9.18 million […]

Engro Corporation to sell rice processing subsidiary to MAP Rice Mills in Rs2.4bn deal.

Pakistan’s largest conglomerate, Engro Corporation, has decided to sell its wholly-owned subsidiary, Engro Eximp Agriproducts (Private) Limited (EEAP) to MAP Rice Mills (Private) Limited for Rs2.4 billion (USD 8.61 million). The development was disclosed by Engro Holdings Limited, formerly Dawood Hercules Corporation Limited, in its notice to the Pakistan Stock Exchange (PSX) on Wednesday. “Please […]

MoC holds talks with top Japanese rice importers to boost exports.

Sum Manet / Khmer Times. The Ministry of Commerce (MoC) Friday held high-level discussions with three Japanese leading rice importers, focusing on enhancing Cambodian rice exports to the Japanese market. Samheng Bora, Secretary of State of MoC and Chairman of the Export Promotion Task Force, along with the Undersecretary of State, led the discussions in […]

Vietnam’s rice exports to Singapore surge by 28%.

By VNA. Vietnam’s rice exports to Singapore grew 28.45% to S$128.9 million (US$95.2 million) in 2024, making it the city-state’s third largest rice supplier, according to the Vietnam Trade Office in Singapore. The figure represented 28.25% of Singapore’s rice imports for the year. India and Thailand retained the top spots with export revenues of S$148.19 […]

Rice exporters overcome challenges as sales grow 19%

Ship 3.06m tons worth $1.87b to overseas markets in Jul-Dec 2024 SHAHRAM HAQ LAHORE: Pakistan has achieved a remarkable progress in rice exports during the first half of the current fiscal year, recording a 19% increase despite facing significant global challenges. This surge in exports is likely to continue in the second half as well. […]