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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 News19 hr. 28 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

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

‘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

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

House starts plenary debates on rice tariff amendment

The House of Representatives will start plenary deliberations today on the committee approved measure amending certain provisions of the Rice Tariffication Law (RTL) for purposes of bringing down the price of rice in the retail market......»»

Category: newsSource:  philstarRelated NewsMay 12th, 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

DA backs early rice tariff collection certification

The Department of Agriculture is supporting the proposed earlier certification of tariffs collected from rice imports to fast-track the rollout of programs aimed at aiding farmers such as cash assistance......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Negros Oriental to buy P20-M rice, equipment for El Niño-hit farmers

Negros Oriental to buy P20-M rice, equipment for El Niño-hit farmers.....»»

Category: newsSource:  sunstarRelated NewsMay 9th, 2024

Marcos to tag as urgent rice law amendments returning NFA s original powers

President Ferdinand Marcos Jr. has agreed to tag as urgent proposed changes to the controversial Rice Tarrification Law (RTL) that would allow the National Food Authority to sell cheap rice in the markets again. .....»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

PNP chief dispels rumors on diversion of cops’ rice allowance

PNP chief dispels rumors on diversion of cops’ rice allowance.....»»

Category: newsSource:  sunstarRelated NewsMay 6th, 2024

CA ruling stops imports of Bt talong, golden rice

The importation of regulated genetically modified organisms (GMO) except for Bt talong and golden rice would continue as they are not covered by the recent decision of the Court of Appeals, according to the Department of Agriculture......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024