Retailers go against the grain, mixing imported, local rice: China supplies most of shipments, whose slightly lower price helps to cut costs
Article Abstract:
The economic depression in Japan has hit restaurant operators and food retailers to such an extent that they have resorted to mixing different varieties of rice grains to save money. Japan imports around 120,000 tons of rice, 52% of which comes from China, and the rest from the US. Japan used to avoid importing rice from China for quality reasons. However, the quality of rice from China has since improved. Japanese rice traders mix the Chinese grains with other varieties because the latter produce still has a negative image among consumers.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Korean rice deal is unlikely to feed enemies' dialogue
Article Abstract:
South Korea has agreed to export 150,000 tons of rice to North Korea in exchange for fishery products and minerals. The first 10,000 tons was shipped to North Korea in Jun. 1995 while the rest of the shipments will be decided on a later date. Despite the growing cross-border trade between the two Koreas, analysts stressed that likelihood of increased political talks between them remains slim. North Koreans still maintain a strong sense of nationalism which serves as an effective barrier against holding peace talks with South Korea.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Export dreams pared down
Article Abstract:
The regional currency crisis in Asia has severely injured export manufacturers in Vietnam, as firms witnessed sales remarkably decline during the early quarter of 1998. Particularly affected by the turmoil are shoes, garments and seafood exports, majority of which have been cheaply traded due to price pressures brought by their Filipino, Thai and Indonesian counterparts. Despite the country's poor market performance, analysts believe agricultural exports would be bolstered by the stability of rice and coffee.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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