The National Economic and Development Authority (NEDA) said Thursday that rice imports are still necessary to ensure the country’s food security.
NEDA Secretary Arsenio Balisacan said in a statement that the landed cost of imported rice (5% broken) in 2024 remained stable at about P39 per kilogram but is still 27% to 29% higher than last year.
“As landed cost includes tariffs and other fees, carefully adjusting tariff rates temporarily, while...
State-owned Development Bank of the Philippines launched a special credit facility focusing on coconut farmers in support of the government’s efforts to strengthen the...
Nickel miner Global Ferronickel Holdings Inc. said Monday it signed an agreement with Chinese firm Baosteel Resources International Co. Ltd for the supply of...
Copper and gold miner Sagittarius Mines Inc. denied over the weekend what it called “unfounded insinuations” of tax fraud.
The miner said it is ready...
