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MANILA, Philippines – The House committee-approved bill seeking to amend Republic Act No. 11203 or the Rice Tariffication Law (RTL) will allow the National Food Authority (NFA) to intervene and sell rice at a lower price during emergencies or when prices spike.

MANILA, Philippines — 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. 

Thailand exported 2.46 tonnes of rice in the first quarter of this year, up 19.4% from the same period last year, according to Charoen Laothamatas, President of the Thai Rice Exporters Association.

Chhattisgarh’s higher procurement than the State’s production partly offsets shortfall in AP, Telangana, Odisha, UP and M.P.

The global dry bulk shipping community has converged in Switzerland this week for today’s grand opening of the first Geneva Dry, a conference designed to be the annual summit for shipping’s largest sector. 

MANILA, Philippines — The state’s tariff collections from rice imports soared by 60 percent to over P11 billion in the first quarter on the back of higher import volume and declared value of shipments.

SPEAKER Martin Romualdez on Tuesday said the House of Representatives' Committee on Agriculture will expedite the hearings on the amendments to the Rice Tariffication Law (RTL).

MANILA, Philippines — The Department of Agriculture (DA) is seeking tighter control over the rice industry by restricting imports during harvest seasons and inspecting warehouses of traders and importers.

The failure of some farmers who benefitted from the Anchor Borrowers Programme (ABP) to repay the loans extended to them by the Central Bank of Nigeria and the fraud allegations in the scheme that led to its suspension are stalling the country’s quest for rice self-sufficiency.

Vietnam’s rice exports this year are forecast to beat the earlier projection of 7.6 million tons, heard a conference on rice exports.

MANILA, Philippines: The Kadiwa ng Pangulo will start distributing nationwide thousands of bags of Piña rice brand following the arrival of 192,000 25-kilo bags on board the vessel M/V Seagull 09.

The National Economic and Development Authority (NEDA) said Thursday that rice imports are still necessary to ensure the country’s food security.

Indonesian state purchasing agency Bulog is believed to have purchased about 300,000 metric tons of rice an international tender late last week, European traders said on Monday.

DESPITE easing the importation of agricultural products, Senator Imee Marcos on Tuesday said Filipinos might not feel the decline in the cost of rice due to an increase in the price of imported ones.

Amid the rising food inflation in Nigeria, rice prices are dropping in major markets, falling by 20-30 percent within two months.

Vietnam has nine fragrant rice varieties that enjoy tax incentives within their export quota into the European Union, but there are no world’s best rice varieties ST24 and ST25.

MOULVIBAZAR, April 22, 2024 (BSS)- Agriculture Minister Dr Md Abdus Shahid today laid emphasis on increasing high-yielding rice cultivation across the country to boost rice production aiming to export the staple food after meeting domestic demand.