Businesses need to be proactive in the face of the Philippines' temporary suspension of rice imports.

The Department of Industry and Trade has just sent an official dispatch to rice export businesses regarding the Philippines' temporary suspension of rice imports for 60 days.

The Department of Industry and Trade has just sent an official dispatch to rice export businesses regarding the Philippines' temporary suspension of rice imports for 60 days.

Accordingly, the Philippines will temporarily suspend the import of regular and well-milled rice for 60 days, starting September 1.

The Department of Industry and Trade recommends that rice exporters should stay calm and cautious in all situations; absolutely avoid being hasty, subjective or indifferent to new developments in international trade policies.

In addition to maintaining traditional export markets, rice traders and enterprises need to proactively seek and exploit new potential markets to diversify risks and increase adaptability. Actively purchase and temporarily store rice for farmers; strictly implement the Government's regulations on rice export business and other relevant legal regulations.

KHANH DUY

Source: https://baovinhlong.com.vn/kinh-te/202509/doanh-nghiep-can-chu-dong-truoc-viec-philippines-tam-dung-nhap-khau-gao-18c0494/