By: Jordeene B. Lagare – Reporter MANILA, Philippines – Expectations of a better rice harvest slowed down the arrival of imports into the country, government data showed. Data from the Bureau of Plant Industry showed that overseas rice purchases totaled 2.002 million metric tons (MT) as of June 12. This volume represented a 14.4-percent drop […]
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 […]
Records maintained by the Department of Customs (DoC) show that Nepal imported 201,916 tons of rice worth Rs 15.76 billion. By REPUBLICA KATHMANDU, June 18: Nepal imported rice and paddy worth Rs 35.53 billion in the first 10 months of the current fiscal year, despite the government’s repeated promise to make the country self-reliant on […]
Story by Paige Javier. MANILA — The House Quinta Committee or ‘Murang Pagkain Super Committee’ revealed its preliminary findings aimed at addressing smuggling and alleged price manipulation of basic goods and essential commodities. Among the panel’s suggestions were to bring back the tariffs on imported rice to 35 percent from 15 percent at present, and […]
India-West News Desk MUMBAI — India’s grain bins are bursting. As of June 1, rice stocks in government warehouses have surged to an all-time high for this time of year — up 18% from 2024 levels — while wheat reserves have climbed to their highest in four years, thanks to a strong procurement drive. The […]
By Stephanie Sevillano MANILA – Almost a year after its implementation, Agriculture Secretary Francisco Tiu Laurel Jr. on Thursday backed the “gradual” hike of tariffs on 5 percent broken imported rice starting late September. The tariffs on imported rice were reduced to 15 percent from 35 percent in July 2024 to help tame rice retail […]
Synopsis India’s rice reserves hit a record high in June. Wheat stocks also reached a four-year peak. Increased procurement from farmers boosted wheat inventories. Ample rice supplies could increase exports. The government can now manage wheat prices through open market sales. Ample stocks ensure India meets domestic demand without imports. Food Corporation of India data […]
By TED CORDERO, GMA Integrated News Agriculture Secretary Francisco Tiu Laurel Jr. is seeking for the gradual return of rice import tariff rate from the current 15% back to 35% as an abrupt increase could undermine efforts to bring down the staple’s price. In a statement issued Thursday, Tiu Laurel, citing his testimony at the […]
By Rajendra Jadhav. MUMBAI, June 11 (Reuters) – India’s rice stocks in government warehouses rose 18% from a year ago to a record high for the start of June, while wheat stocks have hit their highest level in four years on higher procurement from farmers, official data showed on Wednesday. Record rice stocks will help […]
Policy failures and under-investment among factors for exacerbating country’s import reliance to the detriment of the local farming industry, report says. SCMP’s Asia desk The Philippines’ rice industry is in danger of being “drowned out by cheap imports”, according to a new report, with experts also warning that prolonged policy inertia could affect the country’s […]
