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Manny Villar pinakamayaman pa rin sa ‘Pinas

Tumataginting na P621 bilyon ang net worth ni dating Senate President Manny Villar kaya siya pa rin ang pinakamayaman sa Pilipinas base sa listahan ng Forbes magazine. The post Manny Villar pinakamayaman pa rin sa ‘Pinas first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Ombudsman suspends NFA execs amid cheap rice sale probe

Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

NFA ordered to submit documents on P93 million rice sale

Ombudsman Samuel Martires on Thursday went to the National Food Authority main office in Quezon City to personally serve a subpoena that would compel the agency to submit several documents in connection with the alleged anomalous sale of P93.75 million worth of NFA rice to two traders......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

House probe on irregular sale of NFA rice set on March 7

The House agri committee will investigate on Thursday the disadvantageous sale of 75,000 sacks of deteriorating or aging rice by the NFA......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Villar pushes extension, higher budget for RCEF

Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Remove the chaff from the grains

Other than the questioned selling of the buffer stock of rice to traders, what’s happening at the National Food Authority (NFA)? With 132 of around 2,000 NFA officials and employees all around the country suspended for six months without pay, this agency attached to the Department of Agriculture (DA) is struggling to stay relevant in the over-all schemes of the government on food security......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

DTI rolls out the Rice on Wheels Program in coordination with Bulacan rice millers and traders

The Department of Trade and Industry (DTI), in coordination with Bulacan rice millers and traders, will officially roll out the “Rice on Wheels Program for Retailers” to ensure the availability of affordable regular and well-milled rice to the general public......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Thailand s rice exports up 44 pct in January

BANGKOK, Feb. 6 (Xinhua) -- Thailand's rice exports jumped 43.96 percent from a year earlier to 1.12 million tons in January, government spokesperson Chai Wacharonke said on Tuesday. The government has set a rice export target of 7.5 million tons this year as part of efforts to develop the quality of rice varieties and expand access to Thai rice in overseas markets, Chai said in a statement. Authorities a.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

NFA head, 138 others suspended

National Food Authority administrator Roderico Bioco and 138 other officials and employees involved in an alleged anomalous sale of NFA rice to two traders were placed yesterday on preventive suspension for six months......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

‘Probe past NFA admins’ billion-peso palay sales’

Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Laurel tells officials in NFA controversy to file leave

The administrator of the National Food Authority and another official who had accused him of illegally selling NFA rice to selected traders have been asked to take a leave of absence while an investigation is ongoing......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Complaint filed at OP exposes ‘mafia’ at NFA

The unraveling of the alleged “mafia” inside the National Food Authority started with the filing of a formal complaint at the Office of the President accusing NFA Administrator Roderico Bioco of being behind the alleged questionable sale of rice to some traders......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Learn effective utilization of government funds

Inefficient utilization of funds has been a continuous problem in the public sector, causing delays or non-implementation of government programs, projects, and activities, among others. Such issues defeat the purpose of budgeted and allocated funds that should benefit the general public......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Vietnam s Q1 rice export up 42 pct in value

HANOI, April 10 (Xinhua) -- Vietnam exported over 2.1 million tons of rice, up 42 percent year-on-year in value, in the first quarter of this year, VnExpress reported Wednesday, citing the Ministry of Agriculture and Rural Development. The country earned 1.4 billion U.S. dollars from exporting rice during the cited period, said the report. The Philippines was the biggest importer of Vietnamese rice, accou.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: newsSource:  manilanewsRelated NewsFeb 9th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Private traders to also face probe over NFA rice

The Department of Agriculture is ready to face the planned Senate investigation into the alleged anomalous sale of rice to traders by the National Food Authority......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Villar patriarch places 190 in Forbes Top 200 billionaires

Villar ranked 190 out of the 200 billionaires in the world in 2024 with a total net worth of $11.7 billion (P660,125,700,000) coming from $8 billion (P451,376,000,000) in 2023, according to Forbes magazine......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024