ZAMBOANGA CITY -- Rice for P29 per kilo was sold on Wednesday, Oct. 16, at the Kadiwa sa NIA: Tabo-An at the National Irrigation Administration Zambasulta Regional Sub-Office here. RICE for P29 a kilo was sold by the government in Zamboanga City. The activity with the theme “Suporta con de...
AGRI Party-list Rep. Wilbert Lee (Rep. Lee's office) AGRI Party-list Rep. Wilbert T. Lee said the government must reinforce its rice buffer stock to last for 15 to 30 days in preparation for the arrival of La Niña season. Lee said the inventory must be...
President Marcos' economic managers maintained that the National Food Authority (NFA) should continue its role in buffer stocking and intervene in the market only during emergencies. National Economic and Development Secretary Arsenio M. Balisacan said that any reforms to the state grains agency...
As the first half of 2024 draws to a close, the National Food Authority (NFA) is poised to surpass its procurement target, driven by the increased purchasing price of rice. NFA Acting Administrator Larry Lacson said that they are expecting to reach a palay procurement level of 3.08 million or...
Aside from the higher buying price of palay, the National Food Authority (NFA) wants to increase the number of drying facilities to improve the country’s buffer stock of rice. NFA Director Larry Lacson explained that they are closely coordinating with the Department of Agriculture (DA) and the...
Following decision to raise the palay buying price last April, the National Food Authority (NFA) said it was able to boost the quantity of milled rice by 14.6 percent compared to last year’s data. In a recent NFA council meeting, over 111,720 metric tons have been raised since the middle of May,...
For lack of jurisdiction, the Court of Tax Appeals (CTA) has denied the petition filed by the National Food Authority (NFA) which sought to suspend the collection of the P143 million real property tax (RPT) levied against it by the Cabanatuan City government in Nueva Ecija. The NFA filed its...
In order to secure the target quantity for the rice buffer stock by 2025, the National Food Authority (NFA) has sought a budget of P16.3 billion next year. The Department of Agriculture (DA) recently proposed P24.85 billion to NFA, which is 77 percent higher than this year’s allocation of P14.03...
The Department of Finance (DOF) will review the proposed amendment to the Rice Tariffication Law (RTL) to ensure that the debts from the National Food Authority (NFA) do not inflate. Finance Secretary Ralph G. Recto said that the law is working, however, he noted that some tweaks should be done to...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives has approved on second reading a measure seeking to amend Republic Act (RA) No. 11203, or the Rice Tariffication Law (RTL), in a bid to lower rice...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) Members of the House of Representatives hailed on Tuesday, May 7 the swift passage at the committee level of a measure that aims to amend the Rice Tariffication Law (RTL) for the purpose of...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives took a huge step toward its goal of significantly reducing prices of rice for the sake of poor Filipinos on Tuesday morning, May 7. This, after the...
