Thailand shipped about 5 million tonnes of rice abroad in the first half of 2016, a year on year increase of 12.1 percent, making it the world’s largest rice exporter.
Bangkok (VNA)⛎ – Thailand shipped about 5 million tonnes of rice abroad in the first half of 2016, a year on year increase of 12.1 percent, making it the world’s largest rice exporter.
Charoen Laothammatas, President of the Thai Rice Exporters Association, expected Thailand would remain its leading position until the year-end with the total export of 9.5 million tonnes of rice.
Thailand rice export was higher in volume than that of India, Vietnam and Pakistan which exported 4.7 million tonnes, 2.66 million tonnes, and 2.44 million tonnes, respectively, he said.
Charoen also expressed his concern that fierce rivalry from its competitors, a reduction in purchase volume from buyers and the rising baht would affect its position in the global market.
He urged for support from the government for farmers to ease impacts of declining rice prices but was against any price intervention.
He suggested that the government could offer a state subsidy of 2,000 THB, or 57.2 USD, for each rai (0.16 hectare) if a farmer grows less than 20 rai of rice area.-VNA
The Thai Government is expecting a rise in rice export in the second half of this year to fulfil its export target of 9.5 million tonnes for the whole year.
Vietnam’s rice export is estimated to drop to 5.65 million tonnes in 2016, down 14 percent against the previous year and 800,000 tonnes lower than initial forecast.
ietnam exported 2.93 million tonnes of rice with a value of 1.32 billion USD in the first seven months of the year, a year-on-year plunge of 18.4 percent in volume and 14.4 percent in value.
Farmers in the Mekong Delta are struggling to resume agricultural production because of the lingering effects of the recent drought and saltwater intrusion and a shortage of funds and seeds.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Thailand regains world’s No1 rice exporter ranking. (Photo: AFP/VNA)
