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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

Rice imports as of mid-March 886,963 MT

The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

2024 rice imports hit 570,000 MT

The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Rice inventory up 10 percent in January

The country’s total rice inventory at the start of the year rose by almost 10 percent to over two million metric tons on the back of higher stocks in commercial entities......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

Ex-DA chief: Rice imports down 75 percent in January

Former agriculture secretary Leonardo Montemayor revealed over the weekend a 75 percent drop in the arrival of imported rice this month after the Bureau of Plant Industry reported that at least 56,090 metric tons of the outsourced grains were already delivered to the country as of Jan. 11......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Group warns of worse hunger as rice prices spike

The watchdog group Bantay Bigas over the weekend warned of an increase in hunger incidence in the country amid the continued spike in retail prices of rice......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

SK chair, others to face road-related law violation charges

SEVERAL youths, including a Sangguniang Kabataan (SK) chairman in Malita, Davao Occidental, who were seen in a viral video over road-related law violations and reckless driving incident along the Coastal Road in Bago Aplaya, earlier this month will be put under custody in Davao City’s police offices for different charges......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

SEC files criminal raps vs Abra Mining over alleged fraud

The Securities and Exchange Commission has filed criminal charges against Abra Mining and Industrial Corp. over alleged unauthorized and fraudulent trading of shares from 2015 to 2019......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Castro dismayed over dismissal of grave threat raps vs ex-president Duterte

A progressive lawmaker is disappointed over the dismissal of a criminal complaint against former President Rodrigo Duterte due to a televised death threat......»»

Category: newsSource:  philstarRelated NewsJan 13th, 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 News20 hr. 23 min. ago

‘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

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

‘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:  philstarRelated NewsMay 13th, 2024