Philippines to import 250,000 tonnes of rice in June
The Philippines, one of the world's top rice buyers, plans to import 250,000 tonnes of the grain next month, in order to increase stockpiles before the lean harvest season and offset potential crop damage during the typhoon season.
Hanoi (VNA) - The Philippines, one of theworld's top rice buyers, plans to import 250,000 tonnes of the grain nextmonth, in order to increase stockpiles before the lean harvest season andoffset potential crop damage during the typhoon season.
This has been seen as a good opportunity forrice exporters from Thailand, Vietnam, India and Pakistan.
Thailand's National Food Authority (NFA) saidwill announce the bidding immediately after securing approval from the NFACouncil.
The first imported rice batches should arrive inlate June or early July.
The council will also finalise the import termsfor up to 805,000 tonnes of rice that local private traders will bring in underan annual quota scheme in order to ensure supply even during the typhoonseason.
The Philippine Government is shifting frombuying rice under government-to-government deals to ensure competitiveness andtransparency following accusations that some NFA officials were making moneyfrom such deals.
The Philippines' storm season typically peaks fromOctober to December with the strongest storms landing in, damaging thecountry's rice crops.
Government stockpiles are just enough to covereight days of national requirements. Meanwhile, the NFA is mandated to maintaina 15-day buffer stock at any given time and a minimum of 30 days during thelean harvest season from July to September.
The Thai government now controls 4.32 milliontonnes of state rice stocks and aims to dispose of it all by September thisyear, given rising rice demand.
Of the total, 2.5 million tonnes of low-qualityand decaying rice fit only for industrial use will no longer dampen the priceof newly harvested rice.
If the state succeeds in selling 1.82 milliontonnes of quality rice, the state rice stocks will drop sharply to only 2.5million tonnes.
Of the remainder, 2 million tonnes will serve asanimal feed and the rest will be used for energy production.
The Thai Foreign Trade Department is scheduledto hold an auction for 2 million tonnes in June and another for 500,000 tonnesin July. -VNA
The Philippines will consider buying rice from any foreign rice suppliers, including Thailand, under agreements with the World Trade Organisation (WTO) and the Association of Southeast Asian Nations (ASEAN), an official from the National Food Authority (NFA) has said.
The Philippines’ rice stock as of January 1 dropped by about 15 percent to 2.12 million metric tonnes (MT) from the previous month’s 2.49 million MT, according to the country’s Bureau of Agricultural Statistics.
The Philippines’ National Food Authority initially approved the importation of 600,000 tonnes of rice in 2015 amid lower rice production and damage inflicted by typhoons this year, Manila Standard Today reported on December 12.
Vietnam will continue to supply up to 1.5 million tonnes of rice per year to the Philippines as the rice trade agreement between the two countries has been extended to December 31, 2018.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
Illustrative image (Source: Reuters). 
