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DA delays rice price cut amid global volatility

Author: DA Press Office Agriculture Secretary Francisco P. Tiu Laurel Jr. said Monday the Department of Agriculture (DA) is delaying a plan to reduce the maximum suggested retail price (MSRP) of imported rice next month, citing growing volatility in global markets sparked by escalating conflict in the Middle East. The DA had previously planned to […]

DA delays reduction of MSRP of imported rice

By JON VIKTOR D. CABUENAS, GMA Integrated News The Department of Agriculture on Monday said it will delay plans to reduce the maximum suggested retail price of imported rice, given the volatility in global markets as tensions increase in the Middle East. According to Agriculture Secretary Francisco Tiu Laurel Jr., the planned reduction of the […]

Philippines is Vietnam’s largest rice consumer

VOV.VN – The Vietnam Trade Office in the Philippines has forecast that the Philippines’ rice import demand this year will remain high and Vietnam will continue to be its leading rice exporter. According to the trade office, the Philippines has long been a traditional and strategic market for Vietnam’s rice exports, accounting for 80–85% of […]