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TradeNet to cover rice, 6 other goods – The Manila Times

TradeNet to cover rice, 6 other goodsThe Manila TimesThe Manila Times Online. Navigate. Home · News · Opinion · Business · Boardroom Watch · Regions · World · Sports · Lifestyle · Entertainment. Special Reports. SONA 2017 · The Sunday Times · SEA Games 2017 · 6th Business Forum · SONA 2017 · Special … and… link: TradeNet to cover rice, 6 other goods – The Manila Times.....»»

Category: newsSource: manilainformer manilainformerOct 16th, 2017

TradeNet platform to cover rice, other goods

MANILA, Philippines — Traders of rice, sugar, and five other commonly traded goods can expect faster processing of their import and export permits by Decembe.....»»

Category: financeSource:  philstarRelated NewsOct 17th, 2017

DTI to monitor ‘unusual increases’ in prices of goods

TRADE Secretary Ramon Lopez said the government would deploy teams to monitor prices of goods in supermarkets and groceries and make sure that there would be no drastic adjustments on the old stocks being sold because the new tax reform law did not cover them. “The DTI already deployed teams to check the prices. We [...] The post DTI to monitor ‘unusual increases’ in prices of goods appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 4th, 2018

Prospect of Trump-Xi talks raises hope for thaw in trade war

BEIJING: With China and the United States opening the door to a meeting next month between Presidents Xi Jinping and Donald Trump, hopes are rising for a potential easing of tensions in the trade war between the world’s two largest economies. Worries about the increased tariffs the two sides have imposed on each other’s goods [...] The post Prospect of Trump-Xi talks raises hope for thaw in trade war appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 13th, 2018

Stock ownership

The previous column, which appeared in The Manila Times on October 8, 2018, did not carry Due Diligencer’s take. The omission is intentional. The use of employees in this space refers to all company insiders, be they ordinary workers or managers. The latter classification should not be limited to the highest level of executives. It should cover every [...] The post Stock ownership appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2018

Duterte approves ‘unimpeded’ rice imports to reduce inflation — Palace

AMID the soaring inflation in the country, President Rodrigo Duterte decided to “liberalize” the importation of rice to allow the “unimpeded” flow of staple in the market, Malacañang said on Tuesday. In a press conference, Palace spokesman Harry Roque Jr. said Duterte’s order removed restrictions in the importation of rice, which the government expects to [...] The post Duterte approves ‘unimpeded’ rice imports to reduce inflation — Palace appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 9th, 2018

Well-milled rice prices still up despite drop at farmgate

THE average farm-gate price of palay (unmilled rice) dropped by nearly one percent at the end of September but this was not reflected in retail trade as market prices remained high, data from the Philippine Statistics Authority (PSA) showed. In its latest price monitoring report, the PSA said the average quotation of palay in the [...] The post Well-milled rice prices still up despite drop at farmgate appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 9th, 2018

Govt to put up suggested buying, retail price for rice

The Department of Agriculture (DA) is set to issue a Suggested Buying Price (SBP) for farmers’ produce and a Suggested Retail Price (SRP) for rice sold in the market in a bid to tame increasing prices of the staple. This, after stakeholders of the rice industry agreed, during a consultation on October 3, “to join [...] The post Govt to put up suggested buying, retail price for rice appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 5th, 2018

13 foreign firms eye rice import contract

THIRTEEN firms, mostly from Thailand and Vietnam, have expressed interest in supplying an initial 250,000 metric tons (MT) of rice needed by the Philippines to boost buffer stocks and lower domestic prices. Bidding applications submitted to the National Food Authority (NFA) on Friday showed five of the traders were from Thailand, four from Vietnam, two [...] The post 13 foreign firms eye rice import contract appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 5th, 2018

Govt could allow retailers to import rice, sugar

The Department of Trade and Industry (DTI) said it was looking at allowing major retailers like supermarkets to import rice and sugar provided they guarantee retail prices of P38 per kilogram for rice and P50 per kilo for sugar. “We are in talks with some of the retailers and traders. We will write to them [...] The post Govt could allow retailers to import rice, sugar appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 2nd, 2018

Consumers urged to fight for rights as DTI warns traders

CONSUMERS should stand up for their rights amid the increasing prices of goods, an advocacy group said on Tuesday, as the Department of Trade and Industry reminded store owners to implement its suggested retail prices (SRP). In an interview with dzBB, Victor Dimagiba, president of Laban Konsyumer Inc., said that consumers have rights when it [...] The post Consumers urged to fight for rights as DTI warns traders appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 2nd, 2018

PCIC allots P1.65-B aid for typhoon-hit farmers

The Philippine Crop Insurance Corporation (PCIC) will release about P1.65 billion worth of insurance to farmers whose crops, particularly rice and corn, were badly hit by typhoon “Ompong,” its top official said on Tuesday. In a statement, PCIC President Atty. Jovy C. Bernabe said about 262,057 farmers who planted rice, corn and high value crops [...] The post PCIC allots P1.65-B aid for typhoon-hit farmers appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 25th, 2018

No talks with US ‘holding knife to throat’

BEIJING: China said on Tuesday it was impossible to hold trade talks with the United States while Washington is imposing tariffs that are like “holding a knife to someone’s throat.” Speaking a day after Washington activated tariffs on $200 billion in Chinese goods, Vice Commerce Minister Wang Shouwen said China was open to negotiations but that the two [...] The post No talks with US ‘holding knife to throat’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 25th, 2018

‘Malasakit’ food outlet opens in Manila

Consumers looking for more affordable vegetables and fruits flocked to the Bureau of Plant Industry (BPI) Compound in San Andres, Malate, Manila as the Department of Agriculture (DA) opened on Friday its DATienda “Malasakit” Food Outlet. The Malasakit food outlet offers basic agricultural goods at prices that are 50 percent lower compared to those found [...] The post ‘Malasakit’ food outlet opens in Manila appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 21st, 2018

PSA: Farmgate palay price soars to P23/kg

THE farmgate price of palay (unmilled rice) rose to P23.04 per kilogram last week, a 1.32-percent increase from the P22.98 posted in the first week of September and a 17.43-percent surge from the amount a year ago, the Philippine Statistics Authority (PSA) said. Based on PSA data, the latest amount is the highest recorded for [...] The post PSA: Farmgate palay price soars to P23/kg appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 20th, 2018

Rice as political fodder

IN the Philippines, rice is not just food. It is a form of currency by which political capital is exchanged. For the past few weeks, rice has been a key debate topic, as the country’s demand for it has been hampered by reduced supply and high prices. High rice prices are generally presumed to be [...] The post Rice as political fodder appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 20th, 2018

China denies meddling in US midterm elections

BEIJING: China on Wednesday denied US President Donald Trump’s claims that it was meddling in the US midterm elections by taking aim at his political base in their escalating trade war. The comments came after Trump wrote a combative series of tweets on Tuesday claiming that Beijing’s retaliatory import duties on US goods were seeking [...] The post China denies meddling in US midterm elections appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 19th, 2018

Reduced rice, corn output seen in July-Sept – PSA

THE Philippines’ rice and corn production will probably drop in the third quarter of 2018 because of typhoons and the southwest monsoon (habagat), the Philippine Statistics Authority (PSA) said on Tuesday. In its “Rice and Corn Estimates” report, the state-run statistics agency said rice and corn output probably dipped by 2.3 percent and 0.3 percent [...] The post Reduced rice, corn output seen in July-Sept – PSA appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 19th, 2018

China vows to hit back as US hikes tariffs anew

WASHINGTON, D.C.: China on Tuesday vowed to retaliate against the United States and warned of “uncertainty” in trade talks after US President Donald Trump targeted another $200 billion in Chinese imports with tariffs starting next week. Trump ratcheted up pressure on Beijing as the new round of levies will bring the amount of goods hit [...] The post China vows to hit back as US hikes tariffs anew appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 19th, 2018

Trump to impose fresh tariffs on Chinese goods

WASHINGTON, D.C.: US President Donald Trump has decided to impose tariffs on $200 billion in Chinese imports and could make the announcement in the coming days, US media reported. Citing anonymous sources, The Washington Post and The Wall Street Journal reported that the tariffs would be set at 10 percent. Trump has already imposed 25 [...] The post Trump to impose fresh tariffs on Chinese goods appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsSep 17th, 2018

Recovery seen but further declines likely

THE stock market could trade either way this week, analysts said, with local investors seen providing a boost but fresh US tariffs on Chinese goods likely to spur selling. Eagle Equities, Inc. research head Christopher Mangun, in a market note, said he expected a recovery after the benchmark Philippine Stock Exchange index (PSEi) traded mostly [...] The post Recovery seen but further declines likely appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsSep 17th, 2018