THE Philippines’s rice imports in 2023 declined by nearly 9 percent on an annual basis to nearly 3.5 million metric tons (MMT) due to volatile global market conditions such as higher prices and lower supply. Latest Bureau of Plant Industry (BPI) data showed that the country imported 3.483 MMT of…
DESPITE assurances by President Ferdinand R. Marcos, Jr. that the country has sufficient buffer stock of rice in the aftermath of typhoon Egay (international name: Doksuri), the Department of Agriculture (DA) will still push through with importing 1.3 million metric tons of the staple to ensure the food supply until the end…
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BHP <<BHP>> has unveiled the world's first liquefied natural gas-fueled bulk carrier vessel in Singapore, the first of five LNG-powered carriers the company plans to use in.