The Department of Agriculture (DA) is gearing up for the implementation of the government policy expanding the minimum access volume (MAV) for pork imports to temper retail prices and maintain sufficient supply. Agriculture Secretary Francisco Tiu Laurel said the DA is taking the lead in drafting...
The Philippines stands to lose as much as 700,000 metric tons (MT) in rice output this year under a scenario in which a strong El Niño phenomenon wreaks havoc on local production, according to the Department of Agriculture (DA). The DA noted that the expected loss in rice production is equivalent...
The United States (US) is seeking to leverage the growing appeal of convenient meal products in the Philippines to widen its reach in the packaged soups and ready meals market, further expanding its presence in its 10th-largest export market. In a May 26 report, the US Department of Agriculture...
The Philippines will repay its new $600-million World Bank loan for education reform until 2055, while also securing a separate $24.5-million grant to support sustainable agriculture transformation, newly signed agreements between the government and the Washington-based multilateral lender showed....
Abra lone district Rep. JB Bernos knows a way for local government units (LGUs) to make the local agriculture sector more climate-resilient--but they must act fast. According to him, LGUs must access the government’s People’s Survival Fund or PSF to bankroll and implement climate projects....
The government has formed a new inter-agency framework leveraging a whole-of-government approach to strengthen the agricultural cooperative system and deliver greater support to farmers and fisherfolk nationwide. In a statement on Friday, May 22, the Department of Agriculture (DA) said it is...
The Bureau of Animal Industry (BAI) expects the country’s trade performance to remain unchanged despite China’s move to ban the entry of locally produced pigs, wild boar, and related swine products due to swine fever. At present, BAI said the Philippines does not export any of the commodities...
The Department of Agriculture (DA) is preparing to implement a nationwide suggested retail price (SRP) of ₱53 per kilo for local rice as part of ongoing efforts to keep prices of the staple at a reasonable level. Agriculture Secretary Francisco Tiu Laurel said in a statement on Tuesday, May...
The Department of Agriculture (DA) is studying the potential imposition of a suggested retail price (SRP) on locally produced regular and well-milled rice to temper price swings across the country driven by ongoing inflationary pressures. Agriculture Secretary Francisco Tiu Laurel Jr. said the...
The Department of Agriculture (DA) is keeping the same volume of pork imports subject to a lower tariff rate under its revised minimum access volume (MAV) policy as it seeks to restore competitiveness in the market. “All of our regular MAV quotas will be the same as last year. It’s just the...
The Philippines is aiming to spend nearly $300 million, or 30 percent, of its record-high $1 billion loan from the World Bank (WB) this year to augment the budget needed for programs aimed at helping the agriculture sector cushion the impact of the oil crisis. Agriculture Assistant Secretary Arnel...
The Philippines will repay until 2044 its biggest-ever loan from the World Bank, which will bankroll a sweeping agricultural transformation program aimed at boosting food production, modernizing farming systems, and strengthening climate resilience. Documents showed that Finance Secretary Frederick...
