Thailand hopes to sell more rice to neighbour countries
The Thai government has approved a three-year plan under a new
memorandum of understanding (MOU) to sell one million tonnes of rice
annually to the Philippines from 2014-16, according to Bangkok Post
newspaper.
The Thai government has approved a three-year plan under a new
memorandum of understanding (MOU) to sell one million tonnes of rice
annually to the Philippines from 2014-16, according to Bangkok Post
newspaper.
The MOU will allow Thailand to be eligible to participate in bidding to sell rice to the Philippines, which also has similar arrangements with Vietnam and Cambodia under government-to-government (G2G) deals.
The Bangkok Post said Thailand's government bid to sell rice to the Philippines three times in 2012 and 2013 but managed to sell only 120,000 tonnes in 2012 and 767,000 tonnes last year.
It added that the country shipped 126,866 tonnes to the Philippines in the first seven months of this year, up 1,328 percent from the same period last year.
The newspaper quoted president of the Thai Rice Exporters Association Charoen Laothamatas as saying that the Philippines, which is expected to import 1.45 million tonnes of rice this year, has shifted to buying rice from Vietnam over the last couple of years because of Thai rice prices higher than market prices.
He also disclosed that the Indonesian government has now agreed to buy 175,000 tonnes of Thai white rice, mainly from new harvests, under a G2G contract.-VNA
The MOU will allow Thailand to be eligible to participate in bidding to sell rice to the Philippines, which also has similar arrangements with Vietnam and Cambodia under government-to-government (G2G) deals.
The Bangkok Post said Thailand's government bid to sell rice to the Philippines three times in 2012 and 2013 but managed to sell only 120,000 tonnes in 2012 and 767,000 tonnes last year.
It added that the country shipped 126,866 tonnes to the Philippines in the first seven months of this year, up 1,328 percent from the same period last year.
The newspaper quoted president of the Thai Rice Exporters Association Charoen Laothamatas as saying that the Philippines, which is expected to import 1.45 million tonnes of rice this year, has shifted to buying rice from Vietnam over the last couple of years because of Thai rice prices higher than market prices.
He also disclosed that the Indonesian government has now agreed to buy 175,000 tonnes of Thai white rice, mainly from new harvests, under a G2G contract.-VNA
You should also see
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
See more
World
Laos speeds up granting licences to foreign workers
Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
World
Malaysia tackles food security challenges
Empowering local communities in the agriculture sector to attract young people to this field is one of the measures taken by Malaysia to address labour shortage while also contributing to tackling challenges in food security.
World
Danger warning issued for Thailand’s Bangkok as extreme heat bites
Thai authorities on April 24 issued an extreme heat warning for Bangkok, urging people to stay indoors for their safety as temperatures soared.
World
Schools in Philippines go online amid extreme heat
Record heat in the Philippines in April has forced schools to send children home for online classes.
