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USDA hikes PH rice import projection to 4 1M metric tons for 2024

The Philippines is expected to increase its rice importation this year, more than what was initially estimated, further cementing the country’s status as the world’s top importer of the grain staple, according to the latest report by the United States Department of Agriculture (USDA).

Recto pushes REIN plan for stable goods, services prices

ENCOURAGED by the further drop in the Philippines’ headline inflation to 2.8 percent in January 2024, Finance Secretary Ralph G. Recto pushed for a more deliberate implementation of the Reduce Emerging Inflation Now (REIN) plan to keep the prices of goods and services stable.  “This positive development is very encouraging.…

Philippines, Vietnam ink 5-year rice supply deal

Philippines, Vietnam ink 5-year rice supply deal
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