Indonesia to import 500000 tons of more rice.

The Trade Ministry has issued a permit for State Logistics Agency (Bulog) to import an additional 500,000 tons of rice this year after it previously issued a permit to import the same amount earlier this year. We have issued an import agreement of 500,000 tons of rice. The import permit was issued during the recent meeting of ministers under the Office of the Coordinating Economic Minister. The rice, which will be imported from several countries such as Vietnam, Thailand, Myanmar, Cambodia, India and Pakistan, is expected to curb the price of rice, which is still above the price ceiling decided by the government.