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....
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...
The Philippines expanded its rice importation by 18 percent to 1.7 million metric tons (MT) during the first four months of 2026 as the government looks to bolster the supply of the commodity amid expectations of lower output in the coming months. The latest Bureau of Plant Industry (BPI) data...
The Department of Agriculture (DA) is rolling out intervention measures to prepare the agriculture sector for the potential impact of a super El Niño phenomenon, which is estimated to cut production by up to 30 percent. In a statement, Agriculture Secretary Francisco Tiu Laurel said the DA is now...
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...
