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Philippine agricultural sector grows 1.2 pct in 2023

MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»

Category: lifestyleSource:  abscbnRelated NewsFeb 3rd, 2024

Philippine agricultural sector grows 1.2 pct in 2023

MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Maharlika to invest in Palawan energy sector

State-run Maharlika Investment Corp. (MIC) is investing in the energy sector in Palawan to help boost tourism and further unlock the province’s economic potential......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

Banks to ramp up lending to agriculture sector

Banks are looking to increase lending to the agriculture sector this year amid better economic conditions, higher demand for agricultural loans and consolidation of government programs that would boost banks’ agricultural loan portfolio......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Keeping the price of rice reasonable and steady

The government decided to propose that the National Food Authority be given the right to import rice and to maintain a buffer stock to assure that the price of rice can be kept more stable......»»

Category: financeSource:  philstarRelated News12 hr. 12 min. ago

IN STORE - The Manila Times

Workers unload sacks of rice at a warehouse in Dagupan St., Tondo, Manila on Tuesday, May 7, 2024. President Ferdinand R. Marcos Jr. said that he would certify a bill amending the Rice Tariffication Law (RTL) as urgent to control rice prices in the country. PHOTOS BY RENE H. DILAN Workers unload sacks of rice at a warehouse in Dagupan St., Tondo, Manila on Tuesday, May 7, 2024. President Ferdinand R. Marcos Jr. said that.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

DA working double time to increase rice production at lower cost amid inflation

The Department of Agriculture promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

PhilRice: 95% rice sufficiency by 2028 possible

The Philippines can achieve 95 percent rice sufficiency by 2028 through the use of both hybrid and inbred varieties of palay, the Philippine Rice Research Institute said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

New facility to cut IRRI rice breeding process to 2 years

Rice breeding at the International Rice Research Institute could be as fast as two years compared to conventional breeding that takes a decade once its new facility operates, an official said......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Research for next-gen rice varieties to push through

AN OFFICIAL from the Department of Agriculture-Davao Region (DA-Davao) said that research for next-generation rice varieties or new rice varieties that are being bred by the Institution of Breeders will push through......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

NFA defends sale of cheap rice; farmers slam ‘mafia’

The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 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: sportsSource:  abscbnRelated NewsFeb 17th, 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

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

Agriculture loans surge to P3.2 trillion

Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

NEDA cuts PHL additional rice import for 2016 by 25%

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government will reduce by roughly one-fourth its planned additional volume of rice imports for the first semester of 2016 meant to boost........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Expanded irrigation to boost Iloilo rice output

The expansion of the Jalaur River Multipurpose Project is expected to increase local rice production in Iloilo by almost 140,000 metric tons, the Department of Agriculture said......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

DA: Philippines needs P1.3 trillion to boost farm output

The country will need P1.3 trillion worth of investments in the next few years to boost rice production, reduce wastage of agricultural products and ensure the country’s food security, according to Agriculture Secretary Francisco Tiu Laurel Jr......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024