DAVAO CITY (MindaNews / 22 July) – President Ferdinand Marcos Jr. assured that his administration will prioritize locally-produced rice despite the government’s importation of the staple crop to lower prices and meet the growing demand.
Apolitical analyst is urging President Ferdinand Marcos Jr. to just admit that his promise to lower prices of rice to P20 a kilo is not doable because production costs are too high.
Retail prices of rice in public markets are expected to decline by up to P7 a kilo in early August after the government cut the duties on imported rice, according to the Department of Agriculture (DA).
Jakarta (ANTARA) - The National Food Agency (Bapanas) stated that the government completed 2.2 million tons of rice imports between January and May 2024 and plans to import another 2.1 million tons from June to December this year.
The National Food Authority (NFA) assured farmers that the government would put in place reforms that would make it easier for them to sell their crop to the agency.
Despite the arrival of Boro season rice in the market and ongoing government collection efforts and availability of Aman season rice, the price of rice has surged by Tk 2 to Tk 400 per 50 kg bag in Chattogram’s wholesale market during the peak season.
THERE are huge concerns that macroeconomic fundamentals are revealing that Nigeria’s inflation figures for July will be much higher than what was reported in June.
THE Philippine National Police (PNP) is seeking the understanding and cooperation of its uniformed personnel as it makes adjustments for the implementation of the rice subsidy program.
Mr. Francisco Tiu Laurel, Jr. - Minister of Agriculture of the Philippines, said: In the immediate future, the Philippines wants to import fertilizer from Vietnam and gradually cooperate in fertilizer production to serve the needs of the country's agricultural industry.
HANOI: Agriculture ministers of Vietnam and the Philippines have agreed to establish a rice industry alliance between the two countries and upgrade the trade relationship to an investment partnership in the rice industry.
Union Commerce Minister Piyush Goyal on Wednesday said a Group of Ministers will take a decision on lifting the ban on certain varieties of non-basmati rice after considering demand-supply and price situation.
MANILA, Philippines — Speaker Ferdinand Martin Romualdez said the government’s Program 29, where rice would be sold at P29 per kilogram to vulnerable sectors of the country, is a step toward reducing hunger.
MANILA, Philippines — The National Economic and Development Authority should make public the details of the June 3 NEDA Board meeting that resulted in the government’s controversial decision to cut the tariff on imported rice to 15 percent up to 2028, Sen. Imee Marcos said.
Authorities arrested four executives of supermarket chains, including an official of a Japanese joint venture, for selling rice at inflated prices, state media said, as the war-torn country’s ruling junta struggles to stabilise its economy.
MANILA, Philippines — The Department of Agriculture (DA) plans to distribute in September some P12 billion in cash aid to help rice farmers meet their daily subsistence and personal needs.
In a groundbreaking effort to combat the adverse effects of climate change on agriculture, the International Rice Research Institute (IRRI) and Bangladesh Rice Research Institute (BRRI), with funding from the Federal Ministry for Economic Cooperation and Development (BMZ), have developed new heat-tolerant rice varieties.
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