Rice production in Pakistan holds an extremely key position in the national economy. Pakistan is the world’s 4th largest producer of rice. It is the second largest export commodity after textile and is the third largest crop after wheat and cotton which is grown over 10 percent of the total cropped area. Rice is a… Read More »
Vietnam is a big rice exporter, but the world only knows Its white rice products with different broken grain proportions. Vietnam’s rice exports do not bear a Vietnam brand, but they are put in bags with import countries’ labels. In the domestic market, Vietnam’s rice is less favored than imports from Thailand, Cambodia, Taiwan and… Read More »
Vietnam farmers face another difficult year as confidence falters with industry analysts particularly pessimistic the country will reach overseas sales of more than five million metric tons in 2017, the Vietnam Food Association has said. Speaking at a recent industry forum in Ho Chi Minh City, Huynh Minh Hue, secretary of the Association, noted that… Read More »
Prime Minister Nawaz Sharif has directed to provide all necessary assistance to the government and the drought affected people of Sri Lanka. Consequently, an aircraft carrying 25 MT rice has left for Colombo on Wednesday. The government and the people of Pakistan stand shoulder to shoulder with the brotherly people of Sri Lanka in this… Read More »
India’s Commerce and Industry Ministry said Iran is expected to resume imports of the South Asian country’s rice in the near future. “Government of Iran may soon issue the notification about the resumption of issuance of permits for import of rice,” the ministry said in a statement on Saturday, according to the Economic Times. It… Read More »
Vinh Hoan Seafood Company has decided to quit rice production and export though it spent big money on building a factory and choosing high-quality rice sources for export. Analysts said that Vinh Hoan made a reasonable decision. Many other rice export companies took a loss in the last year, had to be dissolved or kept… Read More »
Commerce Minister Khurram Dastgir has stated that the government is willing to give a 50% subsidy to those rice exporters who are exporting rice under their own brand name. Speaking at ceremony held by the Rice Exporters Association of Pakistan (REAP), he said that the ministry is working on geographical indication law, which will be… Read More »
As soon as Donald Trump announced the withdrawal of the USA from the Trans-Pacific free trade agreement known known as TPP, the Pakistani Minister of Commerce Khurram Dastgir Khan rushed to Brussels in order to assess his country’s trade relations with the European Union. This comes at a time when uncertainty also reigns over the… Read More »
A sharp fall in the rice exports, during the first half of the current financial year, has steeped the stakeholders yet deeper in uncertainty over the future of their business, which has been stuck in the desperate straits for over last two years, an industry handout said on Saturday. “It is a matter of serious… Read More »
Rice production in Pakistan holds an extremely key position in agriculture and the national economy. Pakistan is the world’s 4th largest producer of rice. It is the second largest export commodity after textile and placing Pakistan in the top five rice exporting countries of the world. Rice is the third largest crop after wheat and… Read More »