The government approved the sustainable development project of one million hectares specialising in high-quality, low-emission rice cultivation associated with green growth in the Mekong Delta until 2030.
AS the year of high inflation comes to a close, Filipinos may not be able to see price increases slow down next year, especially with the recent decision of India to extend its rice export ban to 2024.
PETALING JAYA: The targets for rice production output and rice productivity per hectare have not been achieved under the Agriculture and Food Security Ministry’s Management of Rice Cultivation Programme, the Auditor-General’s Report 2022 revealed.
PARLIAMENT (Daily Mirror)- The government had to import Samba rice despite sufficient stocks of rice in the country as the millers and farmers were hoarding paddy, Agriculture Minister Mahinda Amaraweera said today.
MANILA, Nov 21 (Reuters) - The Philippines, one of the world’s biggest rice importers, has given private traders around a month to buy an additional one million tons of rice to boost local supply and keep the cost of the national staple in check.
MUMBAI, Oct 27 (Reuters) - India on Friday extended the suspension of trading in derivative contracts of key farm commodities for the second time, to run into late 2024, as the world's largest importer of vegetable oils and a major producer of wheat and rice seeks to curb food inflation.
AFTER imposing an export ban in July, India has allowed exports of non-basmati white rice to seven countries including the Philippines, which has been given the largest allocation of 295,000 metric tons (MT).
NEW DELHI (Reuters) - India will allow exports of non-basmati white rice to a clutch of countries such as the Philippines - one of the world's biggest importers of the grain - a government order said on Wednesday.
Basmati exporters and millers in Haryana, Punjab, and western Uttar Pradesh have stopped purchasing rice from wholesale markets due to the government's decision to maintain the minimum export price (MEP) at $1,200 per tonne.
The Indian government is considering a review of the minimum export price of basmati rice, which currently stands at USD 1,200 per tonne. Rice exporters associations have been requesting a reduction to around USD 850 per tonne.