Vietnam continued to be the top source of rice in Singapore, with 73.4 million SGD (over 54.6 million USD) worth of rice shipment to the nation during January-June, a year-on-year surge of 54.67%.
The Government of Bangladesh has approved three separate proposals to procure 350,000 tonnes of rice under the direct procurement method (DPM) from Vietnam, India and Thailand.
Vietnam’s rice exports by mid-September had declined 0.8 percent in volume but still grown 11.8 percent in value compared to the same period last year.
Cambodia will lift a ban on the exports of fish, white rice and paddy rice to ensure local food security during the COVID-19 pandemic, according to a recent government’s statement released.
Rice exports may fall below 8 million tonnes for 2019, with this year's prospects still uncertain because of a slew of risk factors such as the continued strong baht, natural disasters and emerging new rice exporters like Myanmar and China, local media reported.
Two chemical compounds, Momilactone A and Momilactone B (MA and MB), that can prevent diabetes, obesity and gout through their ability to inhibit enzymes relating to the diseases, have been found in white rice grown in the central province of Quang Tri, scientists have announced.
The Thai Government announced on November 9 that the country has won a contract to supply 500,000 tonnes of rice to Indonesia for 8 billion THB (roughly 223 million USD).