Vietnam’s rice exports have seen a positive start in 2024, with a 2.1% increase in volume and a substantial 40% increase in revenue, totaling $1.37 billion in the first three months. This growth reflects Vietnam’s position as a major player in the global rice market, supported by efforts to improve quality and meet international standards.

Japanese drugmaker Kobayashi Pharmaceutical is investigating deaths linked to their cholesterol-lowering supplements. Following reports of kidney problems, the company has recalled three brands of tablets containing red yeast rice. Prime Minister Fumio Kishida has vowed to prevent similar incidents if the deaths are found to be connected to the supplements.

Karachi food vendors are serving up a unique haleem-biryani fusion during Ramadan. The combination of the traditional Arab dish haleem and beloved South Asian dish biryani has gained popularity in recent years, with vendors like Hajji Salahuddin Kitchen satisfying customers since 1952. Social media has played a role in spreading the word about this innovative and delicious dish.

The Indonesian government is increasing the allocation of subsidized fertilizers to boost food self-sufficiency. The quantity has been raised to 9.5 million tons, reflecting the government’s commitment to supporting farmers and improving agricultural productivity. This move will enhance food security and help achieve self-sufficiency in food production.

Pakistan’s inflation rate decreased by 0.09% due to a drop in food prices, marking the second consecutive week of deceleration. The largest price drop was seen in tomatoes, while wheat flour and other commodities also experienced decreases. Finance Minister Aurangzeb hopes that food prices will normalize soon. Optimus Capital Management predicts a monthly inflation rate of 20.5% in March.

Pakistan witnesses a 29.41% increase in weekly inflation, with gas, chili powder, onions, garlic, and more experiencing price hikes, according to the Pakistan Bureau of Statistics. However, cooking oil, bananas, vegetable oil, and others saw a decrease in prices. Stay informed on these fluctuations at hasrice.com and pakistanrice.com. (46 words)

A Japanese pharmaceutical company is investigating five deaths linked to cholesterol-lowering dietary supplements. Kobayashi Pharmaceutical has issued a recall of three brands of tablets containing red yeast rice after reports of kidney problems. Concerns have arisen in Japan, with the Prime Minister promising to take action if the deaths are confirmed to be connected to the supplements.

Pakistan is focusing on agriculture and expanding exports as a roadmap to economic recovery, with examples like special bananas and high-yield rice. Reviving small-scale industries and leveraging geographical indications are also seen as vital in boosting the economy.

Pakistan’s Foreign Minister expresses desire to resume economic ties with India after a four and a half year suspension, aiming to boost regional trade. However, India has yet to show interest. Informal trade between the countries is estimated to be twice the value of formal trade, indicating potential for growth.

Pakistan is tackling financial challenges by focusing on increasing exports and agricultural innovation. Experts believe that reducing the import bill and boosting exports, particularly in sectors such as agriculture, will be crucial for economic recovery. Initiatives like developing special varieties of crops and leveraging geographical indications can help Pakistan expand its export potential and achieve sustainable economic growth.