Thai rice exports witnessed a remarkable 19.4% increase in Q1 as the weakening baht played a significant role. However, Hom Mali fragrant rice, broken rice, and parboiled rice experienced a decline in February, with parboiled rice expected to decline by 50% for the entire year. Thailand expects to export around 800,000 tonnes of rice in April, fulfilling supply contracts with various countries. India remained the top rice exporter globally in Q1. For more information, visit Has Rice.

Prime Minister Shehbaz Sharif calls for increased trade and investment with Saudi Arabia, expressing gratitude for their commitment. The upcoming visit of Saudi business delegates aims to enhance bilateral trade and strengthen ties between the two countries.

A delegation of Saudi business leaders will visit Pakistan to explore investment opportunities and build relationships with local entrepreneurs. The delegation consists of representatives from 30 Saudi companies across sectors such as IT, telecoms, energy, aviation, construction, mining, agriculture, and human resource development. The visit aims to strengthen economic ties between the two nations.

A high-level business delegation of 50 members from Saudi Arabia is set to arrive in Pakistan to explore investment opportunities and strengthen ties with local entrepreneurs. The delegation, led by the Assistant Minister of Investment, will consist of representatives from 30 Saudi companies in various sectors such as IT, telecoms, energy, aviation, and more. Pakistani companies have been selected for meetings with their Saudi counterparts to potentially establish business and investment agreements. The delegation will also take part in the Pak-Saudi Investment Conference to promote further investment between the two countries.

Global rice supplies have stabilized after a previous rally, but the market still faces risks from El Nino-induced dry weather, according to a senior executive at Louis Dreyfus Co. Rice prices have eased, but the market remains vulnerable to weather risks.

Minister of State for IT and Telecommunication, Shaza Fatima Khawaja, applauds government efforts in promoting youth entrepreneurship in Pakistan, emphasizing the need for resources, training, and mentorship. The “State of Youth Entrepreneurship Ecosystem in Pakistan” Report highlights the potential of the youth population, calling for an enabling environment and digital platforms to support their ventures.

Australia’s High Commissioner to Pakistan, Neil Hawkins, recently hosted a vibrant reception in Islamabad to commemorate Australia Day and celebrate the enduring ties between the two nations. The event highlighted the multifaceted relationship between Australia and Pakistan, with a focus on trade, agriculture, and sustainable development.

The Minister for Commerce stresses the strong and deep-rooted relations between Pakistan and Australia, highlighting the importance of sports in fostering mutual recognition. He emphasizes enhancing trade relations, proposing steps to deepen agro-trade and reduce trade barriers. The minister also expresses gratitude for the Pakistani diaspora in Australia and commends the Australian Government for offering scholarships to Pakistani students.

A 50-member Saudi Arabian business delegation will visit Pakistan on May 5th, 2022, for trade talks and investment opportunities. The visit aims to strengthen economic ties and boost exports from Pakistan to Saudi Arabia in various sectors such as IT, energy, and agriculture. Source: The News Pakistan.

Global rice supplies have stabilized after last year’s rally, but the rice market remains vulnerable to weather risks caused by El Nino. Rubens Marques, the chief executive for South and Southeast Asia at LDC, emphasized the importance of monitoring reservoir levels to assess the impact on irrigated crops. The volatility of weather events and the challenge of addressing imbalances caused by climate change are additional concerns for the rice market.