DHAKA (Reuters) – Bangladesh will buy 100,000 tonnes of rice from Myanmar, putting aside a rift over the Rohingya refugee crisis as the government races to overcome a shortage of the staple food for the country’s more than 160 million people. High rice prices pose a problem for the Dhaka government, which is ramping up […]
Myanmar to export rice to Bangladesh
Bangladesh is planning to purchase 100,000 tonnes of Myanmar rice under a government-to-government agreement. “We will negotiate the price in the coming days. The rice will be exported via a maritime route if an agreement is reached between the two sides,” said U Aung Myint, secretary of Rice and Paddy Traders Association. “As Bangladesh is […]
Muse rice traders hoping New Years brings better luck
Muse-based rice traders are hopeful that the Year of the Sheep will improve their fortunes. Rice exports to China have plummeted to almost nothing from peaks of 2000 tonnes a day following a series of raids conducted by Chinese customs on allegedly illegal rice importers on the Chinese side of the border. The Muse commodity […]