BANGKOK -- Leading rice exporters Thailand and Vietnam are competing to gain a larger market share in the Philippines, where poor harvests have forced Manila to ramp up imports and slash tariffs to tame local prices.
Commodities
Thailand, Vietnam vie to grow rice market share in the Philippines
Faltering domestic supply forces Manila to rely on imports from neighbors
Paddy is loaded onto a truck as farmers harvest a rice field in Thailand's Chainat province. Bangkok has significantly increased its exports of the grain to the Philippines this year. © Reuters
Read Next
Latest on Commodities
