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Rice import restriction extended

THE Philippines is keeping the quantitative restriction on rice purchases in place for three more years, limiting supplies from major sellers like Thailand and Vietnam, according to an executive order released on Monday. The maximum volume of rice that private traders can ship in annually will remain at 805,200 tons until 2020, with the tariff

Vietnam expects healthy growth for seafood exports in 2017

The value of Vietnam’s seafood exports is expected to increase by 5 percent this year to around USD 7.5 billion (EUR 7 billion) despite having to overcome many potential hurdles, according to the Vietnam Association of Seafood Producers and Exporters (VASEP). You can read the whole article here: https://www.seafoodsource.com/news/supply-trade/vietnam-expects-healthy-growth-for-seafood-exports-in-2017

Heavy push for rice megafarms

The Thai government is committed to ramping up the rice megafarm scheme this year, for which it provides soft loans, machinery and agricultural equipment to farmers in order to cut production costs and raise productivity. The scheme will cover 1.05 million rai  (170,000 hectares) of related farmland. You can read the whole article here.

Special Lecture Series 2017

The Center for Food and Agri Business invites you to its Agribusiness Executives’ Program Special Lecture Series on July 7, 2017 at the Forest Lodge, Camp John Hay, Baguio City. Topics that will be discussed are Exploiting Global and Local Agribusiness Opportunities and Convergence and Farm Consolidation: An LGU Agribusiness Model For inquiries and registration,

Philippine Economy Posts 6.4 Percent GDP Growth in the First Quarter of 2017

Originally posted at http://psa.gov.ph/content/philippine-economy-posts-64-percent-gdp-growth-first-quarter-2017 Reference Number: Q12017 Release Date: Thursday, May 18, 2017 Gross Domestic Product (GDP) posted a 6.4 percent growth in the first quarter of 2017. Manufacturing, Trade, and  Other Services were the main drivers of growth for the quarter. Among the major economic sectors, Services had the fastest growth of 6.8 percent. Industry decelerated

Indonesian and Korea cooperates in food sector

“The ASEAN-Korea Center held a trade facilitation workshop in Indonesia in the food and beverage sector to help Indonesian companies become competitive in the global market. The seminars in Jakarta and Makassar, Indonesia, on April 4 and Thursday, respectively, drew 550 representatives from Indonesia’s micro, small and medium-sized enterprises and government branches. The events were