2011-02-15

Global Snapshot: Why is the Philippines slashing rice imports?

(News resource: Reuters)

The Philippines plans to import less than 1 million tonnes of rice this year, about two-fifths of its record purchases of the national staple in 2010 as it seeks to contain government costs. Here are some questions and answers on why the Philippines is slashing rice imports and how this impacts on world rice prices...

For more details, please link to the webpage of Reuters.