MANILA, Philippines — President Marcos has revealed that government officials were involved in rice smuggling, something which prevented the sale of the staple at P20 per kilo during the early years of his term.
China is the largest importer of Myanmar rice, with over 61,500 tonnes of rice and broken rice in April, according to the Myanmar Rice Federation (MRF).
The MoIT seeks public feedback on a draft circular regulating import tariff quotas for dried tobacco leaves and rice originating from Cambodia for the 2025–26 period.
Larger gaps between wholesalers' procurement and selling prices, which represent their costs and profits, may be a factor behind the high retail price of rice in Japan
The government, led by Prime Minister Paetongtarn Shinawatra, has lifted restrictions on Thai rice exports, allowing small-scale farmers to export rice to global markets.
TOKYO (Reuters) -Japan said on Friday it would release another 300,000 metric tons of rice from its emergency stockpile through July and tweak its purchasing policy to counter a shortage and rein in sky-high prices.
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
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