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NFA pushes for higher buying price of palay

THE National Food Authority (NFA) in Western Visayas said there is a standing recommendation to increase the government’s buying price of palay to at least P20 per kilo so that the agency can compete with commercial rice traders. NFA-6 Assistant Regional Director Ruben Manatad said the current buying prices of palay range from P20 to […] The post NFA pushes for higher buying price of palay appeared first on The Daily Guardian......»»

Category: newsSource: thedailyguardian thedailyguardianApr 10th, 2018

NFA pays premium price for Isabela rice

State-run National Food Authority managed to secure palay (unhusked rice) stocks in Isabela after buying at a higher price......»»

Category: financeSource:  philstarRelated NewsJul 5th, 2018

NFA plans incentives in lieu of higher rice price

THE NATIONAL Food Authority (NFA) council is planning to give incentives to local farmers and cooperatives instead of raising the buying price of palay from P17 to P18 to address concerns over the agency’s depleting rice buffer stock. “The proposal of the council is to give an incentive to our farmers only during these three-month […] The post NFA plans incentives in lieu of higher rice price appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 15th, 2018

NFA seeks higher buying price for palay

MANILA, Philippines — The National Food Authority Council is studying the possibility of raising its buying price for palay from P17 to P18 per kilogram in o.....»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2018

DA, NFA to intensify local palay procurement

SECRETARY Manny Piñol said on Wednesday that the Department of Agriculture (DA) will support the National Food Authority (NFA) in the procurement of palay from the local farmers. NFA’s buying price of palay remains at P17 per kilo which is lower than the commercial buying price that ranges from P18 to P22 every kilo. However, […] The post DA, NFA to intensify local palay procurement appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJul 29th, 2018

NFA seeks P8 hike in palay buying price

State-run National Food Authority is pushing anew for an increase in the buying price of palay by up to P8 per kilogram, to allow it to compete with private traders and ensure better procurement of domestic stocks......»»

Category: financeSource:  philstarRelated NewsJul 3rd, 2018

Where is PH Resorts headed?

UDENNA Corp. spent more than P24.18 million in buying 4.220 million H2O common shares at P5.73 each on June 22, 2018. It also acquired 1.5 million H2O common shares at a higher price of P6.54 per share, or a total of P9.18 million. The company, which is unlisted, spent a total of P33.99 million in [...] The post Where is PH Resorts headed? appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 29th, 2018

Solon cheers planned rise in buying price of palay

A progressive solon called the National Food Authority (NFA) to immediately implement President Duterte’s order to increase the buying of local price of palay from P17 to P20 per kilogram. Solon cheers planned rise in buying price of palay A progressive solon called today the National Food Authority (NFA) to immediately implement President Duterte’s order… link: Solon cheers planned rise in buying price of palay.....»»

Category: newsSource:  manilainformerRelated NewsApr 19th, 2018

Duterte orders increase in NFA buying price for palay

President Rodrigo Duterte has ordered an increase in the buying price of the National Food Authority (NFA) for paddy rice (palay) despite opposition from his economic managers. In a post on Facebook on Tuesday, Agriculture Secretary Emmanuel Piol quoted the President as saying during the Cabinet meeting on Monday that the increase could boost the NFA's buffer stock, which was wiped out earlier this month. "He did not like a repeat of what happened recently when the country's rice agency went low on its buffer stocks whichever led to a spike in the price of commercial rice in the market," Piol said. Filipino farmers first "Buy from the Filipino farmers first and if you cou...Keep on reading: Duterte orders increase in NFA buying price for palay.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2018

Key legislator backs P1 hike in NFA rice buying price to boost purchases

SENATOR Cynthia A. Villar on Tuesday urged the National Food Authority (NFA) Council to allow raising the buying price of palay from P17 to P18 in order to address the low inventories held by the grains agency. “We’re recommending that they increase the buying price to P18,” she told reporters after the Senate hearing on […] The post Key legislator backs P1 hike in NFA rice buying price to boost purchases appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 27th, 2018

NFA defers decision on hike in palay buying price

MANILA, Philippines — The interagency National Food Authority has deferred discussions on a proposal to increase the buying price for unmilled rice or palay......»»

Category: financeSource:  philstarRelated NewsDec 12th, 2017

Seaweed farm gate price up

Average July-September farm gate price of seaweed rose this year to its highest level since 2015, fueled by traders' higher buying price......»»

Category: newsSource:  interaksyonRelated NewsNov 21st, 2017

Piñol backs P3 hike in palay buying price

MANILA, Philippines — The Department of Agriculture (DA) is backing the state-run National Food Authority (NFA)’s proposal to increase its buying price for u.....»»

Category: financeSource:  philstarRelated NewsOct 11th, 2017

Airport pushes Megawide earnings

The strong performance of the Mactan-Cebu International Airport (MCIA) helped push the revenues of Megawide Construction Corp. 10 percent higher in the first half of the year. The diversified engineering and infrastructure conglomerate reported net income of P1.26 billion from January to June this year compared to P1.15 billion in the same period in 2017. […].....»»

Category: newsSource:  tribuneRelated NewsAug 16th, 2018

Puregold grows H1 income by 25.6%

Tycoon Lucio Co-led retailer Puregold Price Club Inc. grew its net profit in the first semester by 25.6 percent year-on-year to P3.08 billion, buoyed by higher consumer spending as the recent tax r.....»»

Category: newsSource:  philippinetimesRelated NewsAug 14th, 2018

Cusi orders oil firms to sell low quality diesel at cheaper price

To accommodate the targeted P3.0 billion oil importation of Philippine National Oil Company-Exploration Corporation (PNOC-EC) and in line with the inter-agency approach on taming inflation rates, Energy Secretary Alfonso G. Cusi has ordered the oil companies to go back at selling Euro-2 diesel, a fuel with higher sulfur content or what is widely regarded by… link: Cusi orders oil firms to sell low quality diesel at cheaper price.....»»

Category: newsSource:  manilainformerRelated NewsAug 10th, 2018

Cebu Pacific reports 23.6% drop in H1 profit

The operator of budget airline Cebu Pacific Air saw profits decline in the first semester of 2018 as higher costs, led by the higher price of oil and the weaker peso, squeezed margins. Cebu Air Inc.....»»

Category: newsSource:  philippinetimesRelated NewsAug 10th, 2018

NFA palay purchase budget ‘diverted’

INSTEAD of buying rice, the National Food Authority (NFA) used P5.1 billion of its budget to pay its maturing loans. This was discovered by the Commission on Audit (COA) after examining the NFA utilization of its budget for 2017. Based on the audit report, the P5.1 billion was intended for….....»»

Category: newsSource:  journalRelated NewsAug 8th, 2018

& lsquo;Price swings erode workers& rsquo; buying power& rsquo;

‘Price swings erode workers’ buying power’ Source link link: ‘Price swings erode workers’ buying power’.....»»

Category: newsSource:  manilainformerRelated NewsAug 8th, 2018

July inflation seen as high as 5.8%

Price increases for basic goods and services were expected to have risen at a faster pace for the month of July due to higher electricity and water rates as well as petroleum prices, economists of.....»»

Category: newsSource:  philippinetimesRelated NewsAug 1st, 2018

Power, gas prices may have pushed up July inflation to 5.8%, says BSP

Price increases for basic goods and services were expected to have risen at a faster pace for the month of July due to higher electricity and water rates as well as petroleum prices, economists of.....»»

Category: newsSource:  philippinetimesRelated NewsAug 1st, 2018