The World Bank has approved an $18.85-million grant to strengthen the Philippines’ pandemic response, as the country is considered a global hotspot for emerging infectious and zoonotic diseases. The Washington-based multilateral lender’s board approved last April 29 the investment project...
The World Bank has given its go-ahead to the $24.5-million Technical Assistance for Sustainable Agricultural Transformation (TASAT) program, which will complement the Philippines’ largest-ever single loan from the Washington-based multilateral lender aimed at diversifying the sector and moving...
The Philippines has launched a safeguard investigation into rice imports, as authorities move to assess whether a surge in inbound shipments is harming domestic farmers of the country’s primary food staple. In an April 15 notification to the Geneva-based World Trade Organization (WTO), the...
The Philippines is preparing to increase its foreign rice purchases this year as the government moves to stabilize domestic supply and temper price volatility for Filipinos ' main food staple. Agriculture Secretary Francisco Tiu Laurel said the country is ready to scale up shipments from its...
The Department of Agriculture (DA) has formed a new standalone office aimed at boosting the competitiveness of local high-value crops such as bananas and ube in foreign markets amid an increasingly complex global value chain. Under Department Order (DO) No. 12 dated April 8, Agriculture Secretary...
United Sugar Producers’ Federation of the Philippines (UNIFED) has called on the government to implement intervention measures such as cloud seeding to counter the impact of dry conditions on sugar production. UNIFED president Manuel Lamata said Negros Occidental province, which accounts for more...
The Department of Agriculture (DA) is considering the imposition of price ceilings on other agricultural commodities aside from imported rice should retail prices exceed reasonable levels. “If there’s profiteering, yes, we’ll do that,” Agriculture Secretary Francisco Tiu Laurel told...
The country’s meat imports in the first two months increased by nearly a quarter to more than 290,000 metric tons (MT), as traders looked to strengthen inventories despite sufficient domestic output. The latest data from the Bureau of Animal Industry (BAI) showed that total meat imports from...
The country’s rice imports in the first quarter rose by nearly 37 percent to more than one million metric tons (MT) compared to a year ago, according to the Bureau of Plant Industry (BPI). The latest BPI data showed that rice imports from January to March reached 1.26 million MT, higher than the...
The Philippines’ rice imports may increase to over five million metric tons (MT) in the upcoming marketing year (MY) 2026-2027 to plug the shortfall in domestic production, according to the United States Department of Agriculture (USDA). In a report, the USDA estimated that the country’s rice...
The Philippines has secured its largest-ever loan from the World Bank, with the Washington-based multilateral lender approving $1 billion on Friday, March 27. This funding will support the Philippines Sustainable Agricultural Transformation Project (PSAT), which will be implemented by the...
The government is now one step away from imposing a price ceiling of ₱50 per kilo on imported rice after the proposed policy received the recommendation of the interagency National Price Coordinating Council (NPCC). In a statement on Thursday, March 26, NPCC said it is adopting the Department of...
