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Markets 3 years ago
PREMIUM
RI to import 1 million tonnes of rice from India, citing El Niño concerns
The government has agreed to import 1 million tonnes of rice from India in a move that it says is necessary to ensure a sufficient supply of the staple food amid an increased risk of poor harvests this year.
Economy 3 years ago
PREMIUM
Two million tonne rice import plan puts govt on tightrope
Govt has laid out a plan to import 2 million tonnes of rice in 2023 to fill the diminishing government rice reserves (CBP), but the move has sparked a backlash from farmers over concerns of declining farmgate prices.
Regulations 3 years ago
PREMIUM
State intervention backfires as rice prices hit multiyear high
Rice, one of the most tightly regulated commodities in the country, increased in price throughout 2022, which has industry experts asking whether the protective measures themselves could be driving inflation.
Opinion 3 years ago
PREMIUM
Analysis: Bulog to intervene rice market as prices soar, stocks deplete
Rice prices continue to increase in the beginning of the year despite controversial late importation of rice and market intervention by the State Logistics Agency (Bulog). Learning from the persistent price increase of rice, the National Food Agency (NFA) has tasked Bulog to conduct year-long market intervention to keep prices of this politically sensitive commodity in check.
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