IKOT.PH
The Department of Agriculture (DA) has extended the imposition of the suggested retail price (SRP) for basic agriculture and fishery products to protect consumers against price irregularities in local markets amid the enhanced community quarantine (ECQ) in Luzon. In a new administrative circular signed by Agriculture Secretary William Dar, a price freeze for rice and other […]
During the press conference updating the public on the Rice Tariffication Law (RTL), Trade Secretary Ramon Lopez lauded the “game-changing” measure for bringing down retail prices of regular milled rice and well-milled rice to a seven-year low since the start of its implementation last March 5, 2019.“From the DTI perspective, we are always after the […]
The government was able to raise P14 billion from tariffs on rice imports during the first year of the implementation of the rice tariffication law (RTL). During the RTL’s anniversary celebration in Urdaneta City, Pangasinan, Department of Finance (DOF) Executive Assistant Renzo Enrico Blanco said the government collected P12.31 billion in 2019, and P1.71 billion […]
Senator Cynthia Villar has welcomed the approval on third reading of the joint resolution directing government agencies to purchase the rice needs of the 4.1 million beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) from local farmers. With a unanimous vote of 21, senators voted to adopt Joint Resolution No. 8, which authorizes the use […]
House Deputy Speaker Mikee Romero called on the Department of Agriculture and the Department of Finance to use the Tax Reform for Acceleration and Inclusion (TRAIN) law to directly disburse cash to farmers who are reeling from low palay prices. Romero said the Rice Tariffication Law or Republic Act 11203 does not have provisions for […]
The Department of Agriculture (DA) foresees farm production growth at 2.5 percent in 2020 with the full implementation of the Rice Competitiveness Enhancement Fund (RCEF), a component of Republic Act No. 11203, or the Rice Tariffication Law. “(We will have) full rollout (of the RCEF) next year. (Growth target) should be between 2 to 3 […]
The Department of Agriculture (DA) has signed a memorandum of understanding (MOU) with private firm Corteva Agriscience in a bid to boost the country’s rice and corn productivity. The collaboration focuses on three projects – Rice EduFarm, Corn EduFarm, and Fall Armyworm Mitigation. EduFarms will provide farmers with season-long, on-field and in-classroom training that will […]
The government and industry stakeholders have signed a memorandum of agreement (MOA) on a program that encourages farmers to use inbred or hybrid seeds to increase their harvest and become competitive. The Department of Agriculture (DA), SL Agritech Corporation (SLAC), and Go Negosyo recently forged the MOA on “Masaganang Ani 300” at the DA central […]
Agriculture Secretary William Dar has ordered the National Food Authority (NFA) to bring down rice prices to P27 per kilo by flooding Metro Manila markets with 3.6 million bags of the staple grain. Dar also directed the agency to increase palay support price to P19 from P17 per kilo. “The NFA Council (NFAC) met and […]
Instead of distributing a P600 rice subsidy per month, families under the government’s Pantawid Pamilyang Pilipino Program (4Ps) will be given actual rice under a new proposal. Department of Agriculture (DA) Secretary William Dar bared that his agency is working with the Department of Social Welfare and Development (DSWD) to convert the latter’s P600 subsidy […]