:. Food Industry News


Bangladesh Army Chief Says Country Risks Rice Catastrophe (DJ)

Source: Dow Jones Newswires
03/01/2008

London, Jan. 3 - The chief of the Bangladesh army says the country is facing a catastrophe over tight rice supplies, the BBC reports on its Web site Thursday.

Daily News Alerts

Gen Moeen U Ahmed said that he was "very concerned" about the problem which he said must be redressed immediately. Rice is the staple diet of most Bangladeshis, but this year crops have been damaged by heavy monsoon rains.

In addition, prices have risen which he blamed on the global market - India recently raised its price to $500 a metric ton from $425 a ton, the army chief said. Higher transportation costs have also been blamed for the rise, following a damaging monsoon and the aftermath of November's cyclone.

The government says that it is taking measures to tackle the problem, and three ships carrying 107,000 tons of rice arrived at Chittagong - the country's main port - Thursday.

It says that another ship with 10,000 tons of rice will reach the port on Friday and that several more rice-carrying vessels have booked berths for the next two weeks.

Officials say that the government currently has about 600,000 tons of food grains, and that a minimum stock of 1 million tons is needed to meet emergencies such as November's cyclone which killed over 3,300 people and left millions homeless.



GO   View more articles on this subject


More Alerts from 04/01/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Bangladesh Food Grains Output Set to Rise 20 pct
Rice Sales Make India Bangladesh's Top Import Source
Bangladeshis Told 'Eat Potatoes' as Rice Prices Soar
Bangladesh Bans Rice Exports for 6 Months (DJ)
Bangladesh Urges India to Reduce Export Cost of Rice
Bangladesh Ramps Up Production to Battle Rice Shortage
Bangladesh Makes Urgent Diplomatic Appeal for Rice...
Bangladesh's Bid to Import Rice from India Hits Snag
India Eases Ban on Rice Exports to Bangladesh (DJ)
Bangladesh Rice Production to Fall by 1 Mln Tonnes...

More in Food Industry News
Cargill Fails in US$10 Million Damages Claim Against...
Wal-Mart Canada Cuts Staple Food Prices in Ontario
Danone Near Exiting India Venture with Wadia - Report
Danone Says No Decision Yet Made over Sale of its ...
InBev Announces Successful Completion of Primary Syndication...
Indonesia Says Food Stocks to Ease Inflation Pressure
Remy Cointreau Sees Asian Echo to U.S. Downturn
Wimm-Bill-Dann Foods Announces 30% Revenue Growth in...
Belgian Nuclear Authorities Alert the Commission about...
Haisheng Announces 2008 Interim Results

Top Headlines
Crystalline Lactosucrose or Syrup Containing Crystalline...
Sucrase Activity Inhibitor, Glucoamylase Activity Inhibitor...
Low Trans Puff Pastry Composition, Method of Use and...
Method for the Manufacturing of Soy and Milk Protein-Based...
Edible Oil Composition Suitable for Frying Food
Belgian Nuclear Authorities Alert the Commission about...
ISO Sees 2008/09 Global Sugar Deficit of 3.9 Million...
EU Increases Refunds on Periodic Sugar Exports
Jamba, Inc. Reports US$89 Million Loss In Q2 2008 Results
India's Premium Rice Production Up, Farmers Eye Exports...
Indonesia's Indofood H1 Profit More than Doubles
Salmonella Outbreak Over: US Centre for Disease Control...
Carrefour: Solid Sales Growth and Activity Contribution...
Starbucks Says More Discounts, Promotions Coming
Pernod to Pay US$230 Million To Fortune to End Venture;Disposal...
Diageo, Brown-Forman Hurt by Weak European Economy
EU to Appeal WTO Ruling on Banana Import Regime
PepsiCo and The Pepsi Bottling Group Complete Acquisition...
China: Macau Eliminates Tax on Wine and Beer
Sainsbury Shares Surge on Renewed Takeover Talk
Brown-Forman First Quarter Earnings Per Share Down...
Canadian Food Safety Regime at Fault for Listeria Outbreak...
Del Monte Foods Q1 2009 Results; Sales Up; US$8 Million...
Troubled Coffee Chain Beanscene on Brink of Being Sold
Clearly Canadian Brands Announces Q2 2008 Results
France's Entremont Reaches Deal with Milk Farmers
Olam International Hails FY2008 as a Milestone Year...
Isomalt in Cereal Products


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228