South Korea could be viewed as a favorable ally in Africa as the nation touts its rice growing expertise across a continent dominated by China’s influence, according to the nation’s agriculture and food minister.
NEW DELHI: The government is likely to face the 'problem of plenty' of rice stock once again, barely five months after it stopped selling the food staple from its buffer stock to state governments, citing that the move was aimed at putting a check on prices.
President Joko Widodo (center) inspects a rice harvest in a village in Subang, West Java, on October 8, 2023. He said the government is increasing the rice supply in the the domestic market to curb consumer prices. (ANTARA FOTO/Sigid Kurniawan/Spt)
AMID calls for his resignation, Finance Secretary Benjamin E. Diokno on Monday maintained that the reduction of rice import tariffs is part of the administration’s “comprehensive” plan of pulling down the domestic prices of the grain.
MANILA, Philippines — Farmers’ groups are confident that President Marcos will junk the proposed tariff cut on imported rice, but the head of the government’s economic team maintained that slashing rice import tariffs would benefit the greatest number of Filipinos.
The local farm industry will lose billions of pesos if the government pushes through with the planned reduction of tariff rate on rice imports, the Federation of Free Farmers Cooperatives (FFF) said Friday.
House Assistant Minority Leader Arlene Brosas on Friday called on the Marcos administration to repeal the Rice Tariffication Law amid a projection that the Philippines is set to overtake China as top rice importer.