Discover the inspiring journey of Matco Foods in the rice industry, from humble beginnings in 1964 to becoming a leader in branded rice with their flagship product, Falak. With a focus on quality and sustainability, Matco Foods has expanded their product portfolio and aims to achieve continued growth through innovative offerings and a commitment to excellence. Source: Source.

Deputy Minister Phung Duc Tien highlighted Vietnam’s plans to enhance its agricultural sector by producing high-quality goods and participating in the global value chain. Challenges such as small-scale manufacturing and low productivity need to be addressed, and collaboration with Italian organizations and equipment enterprises is sought.

Faryal Murtaza’s Matco Foods has become a leading player in the rice industry. With a focus on quality, sustainability, and innovation, Matco Foods has expanded its portfolio to include food mixes and spices. Catering to both businesses and end consumers, the company utilizes targeted marketing strategies and is committed to sustainability and corporate social responsibility. With ambitious plans for future growth, Matco Foods aims to reach a $200 million business by 2030.

The government has decided to import rice to reinforce rice reserves and address the decline in production caused by climate change. This action aims to ensure rice availability and stable prices, benefitting farmers, producers, and consumers.

Hyderabad’s Agriculture Minister conducts a crucial meeting to enhance rice export and resolve agricultural concerns, including fluctuating commodity prices, the negative impact of the broker system on farmers, concerns within the polyester textile industry, and cracking down on illegal mining activities.

The National Food Agency (Bapanas) will import rice to cope with declining rice production in Indonesia, caused by El Nino. The import will help maintain a minimum secured Rice Reserve stock at the State Logistics Agency (Bulog) and prevent a rise in prices.

The Pakistan Stock Exchange (PSX) has declined due to political uncertainty and a lack of positive economic developments. On the other hand, the rice export sector in Pakistan offers potential for growth and investment, with reliable suppliers like HAS Rice Pakistan and Pakistan Rice Exporters. Visit the provided links for more information.

Nepal aims to diversify its tea trade by exploring new markets in Pakistan, Russia, and China. This strategy will reduce reliance on India, secure better prices, and establish Nepal as a key player in the global tea trade.

Pakistan’s agricultural and food exports can be enhanced by collaborating with China, says Rafique Suleman. He suggests focusing on niche products, climate-resilient crops, technology transfer, and agritourism for long-term food security. Rice exports have seen significant growth, reaching $1.64 billion in H1 FY24.

Pakistan and China can enhance agricultural and food cooperation, diversify exports, and ensure long-term food security through niche products, climate-resilient crops, drought-resistant technology, agritourism, and private sector collaboration, according to Rafique Suleman, Convenor of the FPCCI Rice Export Committee. They have already strengthened agricultural capacity and boosted exports, with Pakistan’s agriculture and food exports reaching $3.847 billion in the first half of FY24. Rice exports, in particular, have seen a significant increase, projecting to surpass $3 billion this fiscal year.