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The Philippines announced price ceilings for rice on Friday to protect consumers, as the rising cost of the national staple probably caused August inflation to accelerate for the first time in ...
The Philippines is the 8th-largest rice producer in the world, accounting for 2.8% of global rice production. [1] The Philippines was also the world's largest rice importer in 2010. [2] [needs update] There are an estimated 2.4 million rice farmers in the Philippines as of 2020. [3]
September 1 – The government imposes price ceilings on rice to counter increasing costs and alleged market manipulation, setting the maximum prices for regular-milled and well-milled rice, at ₱41 (US$0.72) and ₱45 ($0.80) per kilogram, respectively. [174]
Hicap criticized Calayag's track record at the NFA, noting that the price of rice had risen to P40 to P45 per kilo under his tenure. [ 11 ] Guevarra became more vocal in his accusations, filing a plunder complaint against Calayag with the Office of the Ombudsman , and accusing Calayag and his boss Alcala of "coddling smugglers" and being part ...
Global rice prices surged to 15-year highs after India, which accounts for more than 40% of global trade, ordered a halt in July to its largest category of exports, in a bid to calm domestic prices.
The Philippines, the world's top rice buyer, is seeking to import another 300,000 tonnes of the staple food to boost state stockpiles while battling the coronavirus pandemic and ahead of its own ...
Launched on May 21, 1973, its goal was to promote Philippine rice self-sufficiency by raising the Philippines' average palay crop yield from 40 cavans (a unit of measure equivalent to 60 kilograms of rice) per hectare to 99 cavans per hectare. The program planned to achieve this by pushing farmers to use newly developed technologies including ...
The Philippines wants to boost cooperation on rice with Vietnam to ensure its food security, Philippine Agriculture Secretary Francisco Tiu Laurel said during a visit to Vietnam over the weekend.