India has overtaken Thailand as the biggest rice supplier to Singapore – the first time this is believed to have happened. Thailand has been the top source of the staple here since at least 1998, accounting for over half of overall supply between 1998 and 2011.

Last year, this fell to 35.3 per cent.New figures from the Government’s trade promotion arm, International Enterprise Singapore, show that India was the top rice supplier from January to August this year at 92,865 tonnes, or 32.9 per cent of the total.Thailand was second at 85,816 tonnes over the same period, or 30.4 per cent of the total.

Thailand has been Singapore's top source of rice since at least 1998
Thailand has been Singapore’s top source of rice since at least 1998

 

via India overtakes Thailand to be Singapore’s top rice supplier.

The Chinese Premier said that China will import one million tons of Thai rice within the next five years and that it would also import more rubber from Thailand. Thailand and China will boost bilateral trade to achieve the target of 100 billion US dollars by 2015.

He stated that Thailand is one of the favorite destinations for Chinese tourists. In the first five months of 2013, about two million Chinese visited Thailand. He also proposed visa exemption for holders of Thai passports to facilitate the travel of Thai people to China. Officials of both countries will later discuss visa exemption between the two countries. Thailand requested to open an office of consul-general in Qingdao, while China asked for the opening of its consulate in Phuket province.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Singapore Businesses Receive Boost as Border Restrictions to Ease

Singapore will significantly ease cross-border travel restrictions from April 1, 2022, and allow vaccinated travelers to enter the country without requiring quarantining. This also means the country’s current vaccinated travel lane (VTL) schemes will be scrapped.

TAT and Thai AirAsia cooperate in new ‘Rediscover Thailand’ marketing campaign

Thai AirAsia currently operates a daily flight on the Singapore-Don Mueang route, and two weekly flights on the Singapore-Phuket route (on Tuesday and Saturday).

Singapore to Reap Long-Term Benefits Under RCEP

Data from the World Bank estimates that the agreement would cover 30 percent of the world’s population, approximately 30 percent of global GDP (US$25.8 trillion), approximately US$ 12.7 trillion (25 percent) of global trade, and 31 percent of global foreign direct investment (FDI) inflows.