The new law easing import restrictions on rice will take effect on March 5, the Department of Finance (DOF) clarified Tuesday. A DOF press release on Monday said that the Implementing Rules and Regulations (IRR) of the rice tariffication law will be enacted on March 3. The DOF is part of the National Food Authority (NFA) Council. Read more: […]
MANILA — Japan and the Food and Agriculture Organization (FAO) of the United Nations will start implementing their USD1.76 million agricultural training program for the Bangsamoro region in March 2019, the FAO announced Wednesday. Read more: UN, Japan to implement $1.76-M agri program in Mindanao
With the country’s agriculture sector growing by a dismal 0.56 percent in 2018 and rural poverty remaining high, there is a need to sound the alarm on what needs to be done for the country’s agriculture sector and rural areas. Read more: Why PH lags behind rural, agri devt
MANILA, Philippines–Inflation rose 4.4 percent year-on-year in January, the slowest in 10 months, partly as the full impact of the second round of oil excise tax increase under the Tax Reform for Acceleration and Inclusion (TRAIN) Act was not yet felt at the start of the year. Read more: Inflation slowed to 4.4%, but food […]
The Department of Budget and Management (DBM) said it is conducting a study that will aid the government in crafting a “solid” strategy to address slow farm production after President Duterte said agriculture is dragging down the country’s economy. Read more: DBM looking for ways to expand production of PHL farmers, fishers
The government is eyeing to allow private users to directly import sugar to cut its costs and bring down domestic retail prices, according to officials of the state planning agency National Economic and Development Authority (Neda). Socioeconomic Planning Secretary and Neda chief Ernesto Pernia told reporters last week that among the reforms planned for the […]
FARM OUTPUT rebounded in the fourth quarter to post a slight expansion, but was not enough to push the full-year growth to reach the government’s target, according to data the Philippine Statistics Authority (PSA) released on Wednesday. The value of total farm production grew 1.8% in the October-December period, the PSA reported, a recovery from […]
MANILA, Philippines — The Department of Agriculture has laid down its bucket list for the new year to ensure continued growth of the sector. Agriculture Secretary Emmanuel Piñol said farm-to-market roads (FMR), small water irrigation systems, post-harvest facilities, logistics and transport facilities, and easy access credit are the five major projects needed to improve food […]
MANILA, Philippines — The government stands to lose P1 billion in coconut levy funds to a private firm due to a ruling of the Supreme Court (SC) that voided a mortgage with the state-controlled United Coconut Planters Bank (UCPB), a former bank executive warned yesterday. Read more: ‘Government to lose P1 billion coco levy funds’