The recent recommendation of the Department of Agriculture (DA) to temporarily reduce tariffs on rice imports was described as “unwarranted and ill-timed” by a group of farmers. Federation of Free Farmers (FFF) National...
Government revenues from the private traders’ rice importations rose last year due to higher tariff rates and volume, data from the Department of Finance (DOF) showed. Based on the Bureau of Customs report submitted to the DOF, the country’s total rice imports reached 2.38 million metric tons...
Year 2020 should be remembered as a busy year for Philippine Center for Postharvest Development and Mechanization (PHilMech) having been given one of the hardest tasks in the agriculture sector: modernize rice farming. ...
Philippine Center for Postharvest Development and Mechanization (PHilMech) is confident that with the government’s mechanization efforts, the production cost of palay will go down by more than 20 percent but by the end of 2024 yet. Photo by Timur Kozmenko on Unsplash Philmech Director for Applied...
Rice Tariffication Law (RTL), which liberalized rice importation in the Philippines and aims to make rice farmers competitive, is approaching its third year of implementation, but the country is still way behind in rice production compared to...
Despite declining volumes amid the global economic slump, revenues from rice imports surpassed the government’s full-year target in the first nine-months of the year, the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III said the Bureau of Customs...
The Philippine Center for Postharvest Development and Mechanization (PHilMech) is ready to set the ball rolling for the purchase of additional P3-billion worth of farm equipment under the Rice Competitiveness Enhancement Fund (RCEF)....
The Philippines remains in a strong fiscal position to meet the financial challenges posed by the coronavirus pandemic and ride out the global economic crisis, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said the government has the financial muscles to reboot the...
“Rice remains as the staple food of Filipinos. And there is no food that is used as widely as rice,” says Department of Trade and Industry Undersecretary Ruth B. Castelo on the Philippines being the sixth largest rice-consuming countries in the world. After over a year of enactment of the...
The Rice Tariffication Law (RTL) has resulted in the retrenchment of hundreds of employees in the National Food Authority (NFA) and the removal of the government's power to regulate rice prices, but the state-run grains agency is making it clear that they are not in favor of calls to amend the law....
As the prices of palay sank to as low as P12 per kilogram (/kg) in some areas, Senator Risa Hontiveros agreed there is a need to amend the Rice Tariffication Law (RTL) and promised to convince the law's author and fellow senator, Cynthia Villar, about it....
