Tag: Rice Imports
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Agriculture Secretary Proposes ‘Hybrid’ Tariff on Rice to Stabilize Prices
In a bid to manage the escalating cost of rice, Agriculture Secretary Francisco Tiu-Laurel Jr. announced his intention to introduce a ‘hybrid’ tariff system. Speaking at a press briefing in Manila, Tiu-Laurel explained that this new approach would involve varying tariffs based on the type and quality of rice. He suggested maintaining a 15 percent…
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Department of Agriculture Foresees Palay Production Bounce Back in 2025
In a hopeful outlook for the year, the Department of Agriculture (DA) has expressed confidence in the recovery of local palay production in 2025. This optimism comes after a challenging year marked by the El Niño weather pattern, a series of typhoons, and the eruption of Mt. Kanlaon, which collectively impacted rice production in 2024.…
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Philippine Agriculture Sector Sees Relief Amidst Challenges Under Marcos Administration
The Philippine agricultural sector, which faced a challenging year marked by natural disasters and disease outbreaks, has seen some relief thanks to swift actions by President Ferdinand R. Marcos Jr.’s administration through the Department of Agriculture (DA). Agriculture Secretary Francisco Tiu Laurel Jr. praised the DA’s efforts in tackling issues like El Niño, La Niña,…
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Philippine Agriculture Sector Sees Relief Amid Challenges Through Swift Government Action
In a year marked by significant challenges for the Philippine agricultural sector, the administration of President Ferdinand R. Marcos Jr., through the Department of Agriculture (DA), has taken decisive steps to mitigate the impact of these difficulties. Agriculture Secretary Francisco Tiu Laurel Jr. commended the DA team for their efforts in navigating through issues such…
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Philippines to Import Record 4.7 Million Metric Tons of Rice Amid Natural Disasters
The Department of Agriculture (DA) announced on Tuesday that the Philippines might import up to 4.7 million metric tons of rice by year’s end, a record high driven by the impact of natural disasters on domestic rice production. As of December 12, actual rice imports have already reached 4.48 million metric tons, according to the…
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