Rice

These measures, designed to formalize the sector and ensure the technical capacity of operators, have sent shockwaves through the regional rice market, prompting many traders to divert shipments to neighboring ports.

A tense standoff between rice farmers and industrial buyers is currently defining the landscape, as both sides grapple with an economic tug-of-war that shows little sign of easing.

Governments across the region move to limit imports while demand for rice keeps rising.

The government says the move will help boost sales of locally produced rice as demand continues to rise.

The government has started an investigation as rising imports strain domestic rice production ahead of the planting season.