Monthly Archives: August 2014

China, Thailand seek alternative to ‘rice for rail’ plan

(ECNS) — China and Thailand are working to find another way for the former to participate in the south-east Asian country’s high-speed rail project, after the “rice for high-speed rail” program drew to a halt due to turmoil in Thailand, the 21st Century Business Herald reported, citing Phaichit Viboontanasarn, commercial minister at the Thai embassy in Beijing. Continue reading

MARD prefers to use imported seeds for farm produce

VietNamNet Bridge – Though Vietnam has spent big money on its national seed production program, it still uses mostly imported seeds for farm produce.
Professor Vo Tong Xuan, a renowned agriculture expert in Vietnam, said he is not surprised about the figures released by the Ministry of Agriculture and Rural Development (MARD) that Vietnam spent $500 million to import more than 8,000 seeds of different kinds in 2013. Continue reading

Philippines may rerun rice tender after prices in sale too high

The Philippines, the biggest buyer of rice in Asia after China, will rerun a tender to buy 500,000 metric tons or seek supplies from another government after prices offered today were above-budget.
While the National Food Authority received offers for as much as 750,000 tons in the tender, the prices ranged from $460 a ton to $496.75 a ton, according to data from the agency. That’s more than the authority’s budget of $456.50 a ton for the sale. Four traders including Vinafood I and II of Vietnam, Louis Dreyfus and LG International Corp. had submitted bids. Continue reading

Chicken rice box lunch a ‘health risk’

Director-general Pornthep Siriwanarangsun said once the chicken and rice was cooked it should not be kept more than four hours, because it could become contaminated by bacterial growth and anyone who eats it could fall sick.
Common symptoms ranged from stomach ache to diarrhoea, severe vomiting, cramps, shivering, convulsions, exhaustion and unconsciousness. Continue reading

Thailand, Vietnam Rice Sellers Lower Some of Their Quotes Today; Other Asia Rice Quotes Unchanged

Thailand rice sellers lowered their quotes for parboiled rice and Hommali rice by about $5 per ton each to around $435 – $445 per ton and around $1,050 – $1,060 per ton respectively today. Vietnam rice sellers lowered their quotes for Jasmine rice by about $5 per ton to around $575 – $585 per ton. Other Asia sellers kept their quotes unchanged today . Continue reading

Rice Paddy Bank Opens to Stabilize Supply

Cambodia’s first large-scale rice bank offering both financial and storage services launched on Thursday with the aim of keeping a crucial supply of paddy available for local millers and exporters.

Thaneakea Srov (Kampuchea) Plc in Battambang province will consist of industrial dryers capable of drying 600 tons of paddy per day and a warehouse with a capacity of 100,000 tons. Continue reading