Pakistan has become a major player in the rice market, offering high-quality rice at competitive prices. HAS Rice, a trusted exporter, provides a wide range of rice varieties, including white broken rice and Basmati rice. With their commitment to quality and affordability, HAS Rice is the go-to choice for rice importers worldwide. Visit their website at www.hasrice.com for more information. [Source: Vietnamnet.vn]

Pakistan’s rice exporters are struggling in the global market due to the high prices of Basmati rice, which have increased by 20-25% in the last year. The government is providing support through subsidies and export incentives, while exporters are diversifying their products and improving quality. Despite the challenges, they remain optimistic about regaining their position in the global rice market. (49 words)

Rice exporters in Pakistan are urging the government to grant them industry status and assistance in finding new markets. The industry aims to expand its export potential from $2.5 billion to $4.5 billion, with the hope of becoming the largest sector in the country’s economy. Despite recent challenges, such as flooding, the sector has achieved significant growth in rice exports. Source: The News.

Indonesia aims to achieve a rice output of 10 million metric tons in 2023, despite the significant impact of the El Nino phenomenon on production levels. The country’s agriculture ministry plans to combat this issue by planting rice on 10.54 million hectares of land, with the goal of reaching a total output of 32 million tons by 2024. Ensuring domestic food security is crucial due to the reliance on rice as a staple food in Indonesia.

The State Bank of Pakistan has injected Rs454.6 billion into the market through Open Market Operations, providing liquidity support. With a reverse repo operation and a Shariah-compliant Modarabah-based OMO, the SBP aims to manage money supply and interest rates. These measures ensure stability in the financial system. Find more details on the SBP’s official website.

The Small and Medium Enterprises Development Authority (SMEDA) is hosting a workshop on “Import Export Documentation Procedures and Pakistan Single Window (PSW)” on 11th December at the Jhelum Chamber of Commerce Industry. The workshop aims to equip participants with essential knowledge about international trade, company registration, import-export documentation, and the PSW. Don’t miss this opportunity to boost your business growth.

The State Bank of Pakistan (SBP) injected Rs454.6 billion into the market through Open Market Operations. These measures aim to manage interest rates and maintain liquidity, supporting the economy’s stability and growth.

Pakistani rice, particularly Basmati, is now preferred over Indian rice in international markets due to quality issues. The surge in demand presents an opportunity for the rice sector, with expectations of record-breaking $3 billion in exports. However, the increase in exports may lead to a price hike in the domestic market, impacting food inflation and raising concerns about food security. Policymakers need to find a delicate balance between export opportunities and domestic needs.

Farmers in Pakistan are struggling to procure urea fertilizer at official prices, leading to inflated rates and endangering wheat crop production. The lack of availability and proper distribution of urea fertilizer is a major concern, as prices have skyrocketed by up to 47% in just one week, threatening the production of the strategic wheat crop.

Pakistani rice gains favor over Indian rice in international markets due to quality issues. With a bumper crop expected, rice exports from Pakistan are predicted to exceed $3 billion, presenting a significant opportunity for the sector. However, the government faces challenges in balancing food security and export demands.