The Business Times

El Nino

International

Global 2024 staple food supplies to be strained by dry weather, export curbs

Indonesia’s biggest shipments of rice come from Thailand, followed by Vietnam, India, Pakistan and Myanmar.
International

Indonesia’s 2023 rice output down 2% as drought hits

In mid-September, cocoa futures on the Intercontinental Exchange rose to a peak of US$3,757 per tonne, coming close to the commodity’s all-time high of US$3,763 per tonne in February 2011. Prices have since tapered off to just over US$3,400 per tonne. 
Energy & Commodities

Prices of agri commodities could hit new highs from severe El Nino weather

Rice farmers tilling below two hectares of land will receive 5,000 pesos each, President Ferdinand Marcos’s communications office says.
International

Philippines gives rice farmers US$224 Million in aid amid El Nino

Malaysia’s crude palm oil production in 2023 is expected to rise to 19 million tons from last year’s 18.45 million tons.
ASEAN Business

Malaysia 2024 palm oil output to rise despite El Nino

This aerial photo taken on June 27, 2023 shows farmers working at a rice field in Haian, in China's eastern Jiangsu province. (Photo by AFP) / China OUT
International

Indonesia looking to import 1 million tonnes of rice from China

The reduced rainfall linked to El Nino means a higher risk of wildfires and hazardous haze.
Opinion & Features

Record-breaking El Nino could hurt South-east Asia’s growth

According to the Thai Rice Exporters Association, prices for Thai white rice 5 per cent broken, an Asian benchmark, jumped to US$648 a tonne in early August.
Consumer & Healthcare

Rice prices surge, but restaurant operators see limited impact for now

Workers unload sacks of rice imported from Thailand from a cargo ship at Malahayati Port in Krueng Raya, Indonesia's Aceh province, on June 22, 2023. (Photo by CHAIDEER MAHYUDDIN / AFP)
International

Indonesian rice prices surge as drought crimps harvest

A farmer checks wheat crop damaged due to unseasonal rain and hailstorm in Bagli village on the outskirts of Bhopal on March 19, 2023. (Photo by Gagan Nayar / AFP)
International

UN warns world to prepare for El Niño impact

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