Tag: #rice importation
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Team Leni-Kiko presses review of Rice Tariffication Law amid rice imports’ impact on PH farmers
The team of Vice President Leni Robredo and her running mate Sen. Kiko Pangilinan has sought the review of the Rice Tariffication Law to identify and amend its provisions that are detrimental to farmers.
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DA to distribute P5,000 cash assistance to Nueva Ecija farmers
The government will distribute direct cash assistance of P5,000 to as many as 59,125 farmers in Nueva Ecija to be funded from the excess rice import tariff collection under the Rice Competitiveness Enhancement Fund (RCEF).
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PhilMech only spends 5% of three years’ worth of RCEF allocation
Three years since the implementation of the Rice Tariffication Law (RTL), the Philippine Center for Postharvest Development and Mechanization (PHilMech), the government agency tasked to mechanize the local rice sector, has only spent merely 6 percent of its total allocation under the Rice Competitiveness Enhancement Fund (RCEF).
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PH seen import more rice
The Philippines is seen importing more rice in the coming months amid expectations of improving economic conditions despite the prolonged pandemic.
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PH, China world’s top rice importers
The Philippines and China will both keep their statuses as the world’s top rice importers, data from the US Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) showed.
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Gov't to suspend rice importation during local harvest season
The government intends to halt rice importation during the local harvest season to help protect farmers, according to a Palace official.
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BoC vows to curb undervaluation of rice imports
The Bureau of Customs (BoC) has confirmed that there has been undervaluation of rice imports in the country and vowed to address the issue.
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PH still way behind in rice production
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 its neighboring countries.