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PH presses bid to keep rice import controls

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INQUIRER FILE PHOTO

The Philippines has renewed its appeal to the World Trade Organization (WTO) to allow Manila to keep its restrictions on rice imports.

Posted: April 17th, 2014 in Editor's Pick,Headlines | Read More »

For NFA, import restrictions effectively deter smuggling

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Import restrictions remain a key deterrent to the smuggling of milled rice, despite global efforts to further break down international trade barriers, according to the National Food Authority.

Posted: March 31st, 2014 in Headlines | Read More »

Inflation seen to have risen 4.6% in March due to lean rice supply

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FILE PHOTO

Consumer prices may have risen by as much as 4.6 percent in March as a result of the lean supply of rice, the central bank said Thursday.

Posted: March 27th, 2014 in Latest Business Stories | Read More »

Gov’t urged to abolish NFA monopoly

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INQUIRER FILE PHOTO

A group of leading economists and sociopolitical thinkers has called on the Aquino administration to abandon what it deemed as a “costly, impractical and discredited” rice self-sufficiency policy and has sought the abolition of the monopoly of the National Food Authority (NFA) on rice importation. (See related story on page B2.)

Posted: March 24th, 2014 in Editor's Pick,Headlines | Read More »

Extension of rice access pact seen

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Philippine trade negotiators are firmly confident that all countries with interest in accessing our rice market would have endorsed by April the continued implementation of quotas over the next three years.

Posted: March 24th, 2014 in Headlines | Read More »

Gov’t to tackle possible overhaul of NFA powers

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Government economic managers are set to return to the drawing board to discuss a possible overhaul of the National Food Authority’s (NFA) powers, given the agency’s failure to achieve its goal of raising farmers’ incomes over the decades.

Posted: March 24th, 2014 in Headlines | Read More »

Echeveria crucial piece in rice smuggling puzzle, says agri group

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INQUIRER FILE PHOTO

Suspected rice smuggling conduit Leah Echeveria, who has ignored summons from the Senate agricultural committee to attend hearings, could be the Benhur Luy of contraband grains, according to Samahang Industriya ng Agrikultura (Sinag).

Posted: March 12th, 2014 in Latest Business Stories | Read More »

Gov’t considers shipping in 800,000 MT of rice this year

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The government is looking to import 800,000 metric tons (MT) of milled rice this year to help stem rising prices and stabilize the domestic supply.

Posted: March 12th, 2014 in Headlines | Read More »

Gov’t will continue to import rice, says DA exec

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The government is set to continue importing milled rice this year even as the country renews its push for self-sufficiency, according to Agriculture Secretary Proceso J. Alcala. INQUIRER FILE PHOTO

The government is set to continue importing milled rice this year even as the country renews its push for self-sufficiency, according to Agriculture Secretary Proceso J. Alcala.

Posted: March 7th, 2014 in Latest Business Stories | Read More »

PH rice shipped to Oman

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SL Agritech Corp. (SLAC) expects to ship out within this month its maiden cargo of 19.3 metric tons of its Doña Maria fancy rice to Oman.

Posted: February 11th, 2014 in Headlines | Read More »

Agri groups decry unabated smuggling

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The government is set to continue importing milled rice this year even as the country renews its push for self-sufficiency, according to Agriculture Secretary Proceso J. Alcala. INQUIRER FILE PHOTO

The government’s failure to curb smuggling has severely hurt legitimate businesses in the agriculture sector in terms of unfair competition from smuggled products, according to a group of farm producers.

Posted: January 31st, 2014 in Latest Business Stories | Read More »

PH expected to import rice anew to beef up stock

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The Philippines is expected to import more rice in 2014 than previously estimated as the government moves to beef up its buffer stocks.

Posted: January 19th, 2014 in Headlines | Read More »

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