JAKARTA: Indonesia has increased its social welfare budget by 8 trillion rupiah ($532.41 million) to distribute more rice to lower-income households and help control food prices, the finance minister said on Monday.
The recent ban of rice by India, a central global rice trade, could lead to an upswing in global rice prices, depending on the duration of the ban, the Agricultural Business Chamber(Agbiz) said on Friday.
MANILA, Philippines — President Ferdinand Marcos Jr. on Monday said that his administration has yet to deliver on his P20 per kilo of rice election promise, but they are doing everything that they can to do so.
NEW DELHI >> Warmer, drier weather because of an earlier than usual El Nino is expected to hamper rice production across Asia, hitting global food security in a world still reeling from the impacts of the war in Ukraine.
Korea launched the "K-rice belt" initiative with eight African nations Monday to provide them with quality rice varieties and share its farming know-how, ensuring their sustainable food security, the agriculture ministry said.
Stakeholders in the rice value chain have identified insufficient paddy rice and poor irrigation that are hindering all-year-round farming as the major factors responsible for the high cost of local rice in the country.
In an extraordinary effort to address the pressing concerns of food security and affordability, the Philippine Rice Industry Stakeholders Movement (PRISM) has launched a remarkable initiative named “Tulong sa Bayan, Bigas para sa Mamamayan”
Rajamahendravaram: The skyrocketing prices of rice is giving shock to the consumers of both Godavari districts, who were already burdened with increased rates of vegetables and pulses. The rate of rice was doubled in the last week, which was increased from Rs 5 to Rs 8 per kg. Traders are hinting that the rates may further go up in a few days.
THE Philippine Center for Postharvest Development and Mechanization (PHilMech) has set the distribution of P151.8 million worth of rice processing systems (RPS) to be distributed under the Rice Competitiveness Enhancement Fund (RCEF)-Mechanization Program.
MANILA -The Philippines is among Asian countries that are most vulnerable to El Niño in terms of the climate phenomenon’s impact on economic growth which may prompt a monetary policy rate hike, according to Nomura Group.