Vietnamese rice exporters are urged to understand the market and minimize risks amidst rising prices. Vulnerability to price fluctuations and securing contracts before securing their supply contribute to thin profit margins. The industry’s profit margin has decreased to 13.5% in 2022 due to weakening demand and oversupply. However, by implementing measures to better understand the market and improve operational efficiency, exporters remain resilient in a competitive global market.

Income Tax officials recently conducted a 52-hour search at BJP legislator Tanmoy Ghosh’s rice mill in Bankura district, investigating alleged irregularities in the public distribution system. Ghosh’s switch from TMC to BJP before the 2021 elections adds political intrigue to the investigation.

Azerbaijan and Pakistan seek to strengthen economic ties and explore opportunities in the energy sector. Azerbaijan plans to supply discounted LNG to Pakistan, while Pakistan aims to collaborate with Azerbaijan in petrochemical and solar energy sectors. Close cooperation in trade, technology, and media is also expected.

Discover the alarming food poisoning trend known as Fried Rice Syndrome, caused by Bacillus cereus bacteria. Proper storage and handling are crucial to avoid this potentially life-threatening illness from contaminated starchy foods like rice and pasta. Stay informed and protect yourself!

The Weekly Sensitive Price Indicator (SPI) in Pakistan shows a positive trend with a 0.73% week-on-week increase and a significant surge of 29.86% compared to last year. This data provides valuable insights for consumers and businesses, enabling them to make informed decisions in a dynamic market.

Lahore, Pakistan’s second-most populous city, faced a shutdown due to hazardous air quality with an AQI of over 400. Schools, parks, malls, and offices were closed, and movement restrictions were imposed in three cities. The toxic smog was caused by cold temperatures, burning rice stubble, and pollution from vehicles and industries. Strong measures are needed to improve the situation and protect residents’ health.

Innovative research conducted at the University of the Punjab reveals the promising potential of Honglian hybrid rice. With high yield, adaptability, and resistance to high temperatures, this rice variety is suitable for cultivation in Belt and Road countries, boosting food security and improving agricultural practices. Source: China.org.cn

Muhammad Ashfaq, an assistant professor at the University of the Punjab, conducted research on Honglian type hybrid rice. The study assessed its quality, high yield potential, adaptability to hot climates, and resistance to plant diseases. Collaboration between Wuhan University and the University of the Punjab has led to the establishment of a state-level research center, promoting the cultivation of the rice variety in Belt and Road partner countries.

In a surprising twist, a fisherman from Karachi, Pakistan, has hit the jackpot by selling a rare fish species with extraordinary medicinal properties. Haji Baloch and his team caught the invaluable golden fish, known as “Sowa,” from the Arabian Sea, earning a staggering 70 million rupees at auction. This highly demanded fish contains healing substances and is commonly used in traditional medicines and local cuisine. Source [hyperlink “Source”]

A recent analysis of the Europe Basmati Rice Market reveals promising growth opportunities in the industry. The market is projected to reach $615 million by 2023, with significant demand for Basmati rice in the UK, Germany, and the Netherlands. However, stringent EU regulations may impede exports from India.