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‘Safeguards in place in rice tariff amendments’

An administration lawmaker said the porposed amendments on the Rice Tariffication Law would have “safeguards” in restoring the power of the National Food Authority to help stabilize the price of rice in the market......»»

Category: financeSource: philstar philstarMay 13th, 2024

DSWD: Giving cash more practical than bags of rice

The Department of Social Welfare and Development stands by its position that it is “more practical and efficient” to give the P600/month rice subsidy to beneficiaries of the Pantawid Pamilyang Pilipino Program in cash rather than actual bags of rice......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

‘Rice retail prices down by P2/kilo’

The retail prices of rice decreased by P2 per kilo as well-milled rice went down to P52 per kilo compared to the previous P54 per kilo, according to farmers’ group Samahang Industriya ng Agrikultura......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Rep. Wilbert Lee: P20 per kilo of rice still possible

CEBU CITY, Philippines — The promise of President Ferdinand Marcos Jr. to lower the price of rice to P20 per kilo remains doable if House Bill No. 9020 or the “Cheaper Rice Act” is passed into law, Agri Partylist Representative Wilbert Lee said. Under his proposed bill, Lee said that the government will have to.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Farmers want tariffication review, cool to rice SRP

Farmers in Central Luzon, considered as the rice granary of the Philippines, are calling for the abolition or review of the Rice Tariffication Law......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

Someone’s gotta give

The Rice Tariffication Law of 2019, which replaced quantitative restrictions on rice importations with a tariff system, may have brought more harm than good......»»

Category: newsSource:  philstarRelated NewsJun 1st, 2024

FFCCCII backs further lowering of rice tariffs

The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is supporting a proposal to further reduce the import duties slapped on rice to help bring down the prices of the staple......»»

Category: financeSource:  philstarRelated NewsMay 31st, 2024

‘Rice farmers to lose P33 billion from lower tariffs’

Local rice farmers stand to lose P33 billion if the tariffs on imported rice are further reduced, as this is expected to translate to lower farmgate prices, an industry group said......»»

Category: financeSource:  philstarRelated NewsMay 30th, 2024

DA: Lower tariffs to slash rice prices by P5

Rice prices could go down by as much as P5 per kilo if tariffs on rice imports would be further reduced, according to government estimates......»»

Category: newsSource:  philstarRelated NewsMay 29th, 2024

NEDA sees rice prices going down in September

Domestic rice prices are likely to decline in September to reflect the downtrend in prices of the staple in the world market, according to the National Economic and Development Authority.....»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

Missing girl found dead in rice field

Missing girl found dead in rice field.....»»

Category: newsSource:  sunstarRelated NewsMay 25th, 2024

NFA buys 120K MT of palay in a month

The National Food Authority beefed up its rice buffer stock after it purchased over 120,000 metric tons of palay or unmilled rice from local farmers since raising buying prices last month......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

House OKs bill restoring NFA power to import rice

Administration lawmakers approved on third and final reading on Tuesday the measure amending provisions of the Rice Tariffication Law in the hope of substantially bringing down the price of rice in the retail market......»»

Category: newsSource:  philstarRelated NewsMay 22nd, 2024

Capitol to resume selling rice at lower cost

Capitol to resume selling rice at lower cost.....»»

Category: newsSource:  sunstarRelated NewsMay 18th, 2024

Capitol to resume sale of cheap rice at P29 per kilo

CEBU CITY, Philippines – The Cebu Provincial Government is set to resume selling cheap rice to the “poorest of the poor” residents of the province. However, it will now be priced at P29 per kilo instead of the previous P25. Governor Gwen Garcia announced the resumption during a press conference on Friday, May 17. She.....»»

Category: newsSource:  inquirerRelated NewsMay 18th, 2024

EDITORIAL - Restoring NFA powers

Amid sustained high rice prices, the House of Representatives has approved a bill that restores the authority of the National Food Authority to import rice and sell this in the market during a food security emergency......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

DA contests CA ruling on golden rice, Bt eggplant

The Department of Agriculture has sought the reconsideration of the Court of Appeals decision against the commercial propagation of Bt eggplant and golden rice, an official said......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

FEF bucks proposal to restore NFA power

The Foundation for Economic Freedom is opposing the proposal to bring back the power of the National Food Authority to import and sell rice to consumers, saying this would reverse the gains from the reforms in the country’s rice policy......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Corn, rice farmers get P11.8-M agricultural assistance, inputs

Corn, rice farmers get P11.8-M agricultural assistance, inputs.....»»

Category: newsSource:  sunstarRelated NewsMay 12th, 2024