Page 3 - Abulog News Today

The National Logistics Agency (Bulog) Director, Budi Waseso or Buwas, has spoken up in response to the rampant issue of synthetic rice.

Vietnam exported 6.6 million tons of rice in the first nine months of 2023 with a turnover of $3.66 billion, up 40.4% year-on-year, according to estimates by the Ministry of Agriculture and Rural Development, exceeding the figure hit in the whole of 2022.

Global rice prices rose to a 15-year high last week after top producer Indias decision in July to ban exports of non-basmati rice, citing several factors including soaring domestic prices and extreme climatic conditions.

Senator Christopher “Bong” Go seeks to further strengthen government interventions to create more livelihood opportunities for struggling Filipinos recovering from various crises.  In coordination with Mayor Jesus Vargas, the senator directed his team to provide additional assistance to 29 micro-entrepreneurs at the Abulog Municipal Hall in Cagayan on Wednesday, September…

The El Nino is expected to lead to a decline in domestic rice production, with an estimated drop of around five per cent, according to Indonesia’s National Food Agency (NFA).

Rice prices in key exporting countries including Thailand and Vietnam have climbed around 20 percent since India, the world’s biggest shipper of the grain, banned shipments of a key variety in July, tightening global supplies.

Bulog has been making utmost efforts to absorb as much grains and rice produced by local farmers as possible in anticipation of El Nino impact.

The impacts are likely to reflect the differing role that rice plays in each country’s political economy.

Bulog says that it secured 750,000 tonnes of Government Food Reserve rice stocks distributed across Bulog warehouses in Indonesia to face El Nino.

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