IKOT.PH
President Ferdinand Marcos Jr. is moving to tighten the country’s rice import policy by extending the current two-month import suspension and raising tariffs on foreign rice, in a bid to stabilize palay prices and protect Filipino farmers during the peak of the harvest season. Agriculture Secretary Francisco Tiu Laurel Jr. made the announcement, saying the […]
A week after President Ferdinand Marcos Jr. announced a two-month suspension of rice importation starting September 1, farm gate prices of palay have begun to rise in six of the 13 key rice-producing regions, according to data from the National Food Authority (NFA). Agriculture Secretary Francisco Tiu Laurel Jr. said the government is closely monitoring […]
The maximum suggested retail price (MSRP) for imported rice will remain during the two-month suspension of rice imports ordered by President Ferdinand Marcos Jr., Agriculture Secretary Francisco Tiu Laurel Jr. announced. The MSRP for 5 percent broken imported rice was reduced to P43 per kilo from P45 on July 16. President Ferdinand Marcos Jr. decided […]