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A RICE trade leader in Cebu has expressed support on the plan of President Rodrigo Duterte to recommend the abolition of the National Food Authority (NFA) Council. Erwin Goc-ong, president of the Cebu Market Vendors Cooperative (Cemvedco),…
HCM CITY — Vietnam’s rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets, according to the Ministry of Agriculture and Rural Development. Higher demand has been…
6.4% AUGUST INFLATION, A 9-YEAR HIGH The mismanaged rice supply situation, high oil prices, and the continued depreciation of the peso are among the reasons seen by Cebu business leaders for the nine-year high inflation rate of…
SENATOR Cynthia Villar on Tuesday said she thinks there is no rice shortage in the country and that the rice that should have been in the market are just stocked in the storage of traders. “For me,…
PRESIDENT Rodrigo Duterte said on Sunday he is not in favor with Agriculture Secretary Manny Piñol’s proposal to legalize all transactions related to rice, including smuggling, in order to address the developing rice crisis in the Zamboanga…
Having more irrigation projects would mean a step closer to having rice sufficiency in the country. But the 2019 budget of P36.9 million proposed for the implementation of national irrigation programs may not suffice to address the…
Davao City Rep. Karlo Nograles said that Cebu still has enough supply of rice. Nograles, who visited Carbon Market on Thursday (August 30), said that retailers of the National Food Authority (NFA) continue to get 100 sacks…
CEMVEDCO PREXY’S VIEWS The government should provide programs that will support the agriculture industry in the long term as a way to stabilize the prices of rice and by imposing a cap on rice prices. Erwin Goc-ong,…
While rice prices haven’t lowered in Cebu even with the infusion of rice stocks imported from Vietnam and Thailand by the National Food Authority (NFA) into the local markets, the situation isn’t as critical as in other…
Rice supply remains low, despite the distribution of NFA rice in the local market, thus the price of commercial rice remains high. National Food Administration (NFA-7) information officer Olma Bayno said the infusion of NFA rice in…
Despite efforts of the National Food Authority in Central Visayas (NFA-7) in injecting their product in the local market, prices of commercial rice remained high in the region. Olma Bayno, information officer of NFA-7, said the agency…
The government should focus on bringing down the prices of rice in order to help the poor especially with the continued increase in the country’s inflation rate. Antonio Chiu, Cebu Chamber of Commerce and Industry (CCCI) president,…
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