World

Philippine private sector required to import cheap rice

The Council of the National Food Authority (NFA) of the Philippines has approved the importation of 805,000 tonnes of Minimum Access Volume (MAV) of rice this year, a government statement said on May 23.
Philippine private sector required to import cheap rice ảnh 1Illustrative image (Source: www.manilatimes.net)

Hanoi (VNA) – The Council of the National Food Authority (NFA) of the Philippines hasapproved the importation of 805,000 tonnes of Minimum Access Volume (MAV) ofrice this year, a government statement said on May 23.

MAV refers to the volume ofcommodities that is allowed to be imported by a member country of the WorldTrade Organisation. The 2017 Minimum Access Volume is the last of its kindbefore the lifting of the quantitative restriction on rice by June 30 thisyear.

Philippine Cabinet SecretaryLeoncio Evasco said the council has also directed the NFA Management to amendthe MAV guidelines to require participating traders to import 25 percent brokenrice from the 25 to 35 percent quota.

He added that it will ensure adequacy of supply andstability of consumer prices at levels within the reach of low-incomefamilies.-VNA

VNA
#Philippines #rice #National Food Authority #import #minimum access volume #MAV #government statement #WTO #consumer prices #vietnamplus #Vietnam News Agency Philippines
Follow VietnamPlus

Related News

Philippines’ rice stock fell by 15 percent in January

Philippines’ rice stock fell by 15 percent in January

The Philippines’ rice stock as of January 1 dropped by about 15 percent to 2.12 million metric tonnes (MT) from the previous month’s 2.49 million MT, according to the country’s Bureau of Agricultural Statistics.
Philippines to import 600,000 tonnes of rice in 2015

Philippines to import 600,000 tonnes of rice in 2015

The Philippines’ National Food Authority initially approved the importation of 600,000 tonnes of rice in 2015 amid lower rice production and damage inflicted by typhoons this year, Manila Standard Today reported on December 12.

See more

Indonesia expand carbon market incentives

Indonesia expand carbon market incentives

Coordinating Minister for Food Zulkifli Hasan outlined three primary sectors open to green investment, including sustainable agriculture through low-emission rice cultivation, waste-to-energy processing, and marine conservation through blue carbon development.

A shop in Jakarta, Indonesia (Photo: VNA)

Indonesia, Timor-Leste uphold new economic potential

Addressing the Bali–Timor-Leste Business Forum in Denpasar, Bali, last weekend, Bali Governor Wayan Koster said the two sides are well-placed to develop sectors where their respective strengths can complement each other.

Malaysia calls on ASEAN to jointly tackle haze

Malaysia calls on ASEAN to jointly tackle haze

Malaysian Minister of Natural Resources and Environmental Sustainability Arthur Joseph Kurup said on October 6 as host of the 28th Sub-Regional Ministerial Steering Committee (MSC) Meeting in 2027, Malaysia would use its chairmanship to translate the ASEAN Agreement on Transboundary Haze Pollution (AATHP) into concrete action by enhancing data sharing, improving law enforcement and cross-border cooperation.

Singapore proposes boosting the ASEAN power grid. (Illustrative photo: VNA)

Singapore outlines priorities for 2027 ASEAN Chairmanship

Singapore’s Minister for Sustainability and the Environment Grace Fu said at the recent launch of the Southeast Asia Climate Outlook Survey 2026 that ASEAN should focus on building up its regional power grid, boosting climate finance and increasing its resilience against climate change impacts.

Thailand, Laos push for single inspection plan at border

Thailand, Laos push for single inspection plan at border

Under the proposed model, customs authorities and other relevant agencies from Thailand and Laos, and potentially China, would coordinate inspections at a single location. Goods would undergo customs and other procedures only once instead of separate procedures by each side, significantly reducing the time and costs for businesses.

Thailand deploys AI system to manage agricultural supply

Thailand deploys AI system to manage agricultural supply

The system integrates data on production, prices and local conditions to forecast when and where crops will enter the market and estimate their volumes. It can also identify areas at risk of supply gluts and price pressure, allowing authorities to prepare timely responses.

Philippines faces drought risk nationwide

Philippines faces drought risk nationwide

In its October 2026 to March 2027 outlook, the state science agency indicated that drought could begin as early as October in some areas and persist until the last week of March 2027.

Thailand puts immigration procedures on mobile app

Thailand puts immigration procedures on mobile app

The launch of THIM is a strategic step in the immigration authorities’ comprehensive digital transformation roadmap, Pol Lt Gen Panumas Boonyalug, commissioner of the Immigration Bureau, noted.

The ASEAN Law Enforcement High-level Conference on Cooperation in Combating Criminal Fugitives takes place in Hanoi on September 30. (Photo: VNA)

ASEAN steps up cooperation in fight against criminal fugitives

Participants discussed and agreed on strategic solutions to improve cooperation through ASEAN’s multilateral and bilateral mechanisms. They adopted the conference's joint statement and agreed on a draft joint action plan to strengthen cooperation in combating criminal fugitives.

Ambassador Do Hung Viet, Vietnam’s Permanent Representative to the United Nations (Photo: VNA)

Vietnam calls for dialogue among nuclear-weapon states to reduce nuclear risk

Vietnam calls on nuclear-weapon states to sign and ratify the Protocol to the Treaty on the Southeast Asia Nuclear Weapon-Free Zone (SEANWFZ). It will continue to make active contributions to international efforts to promote nuclear disarmament and non-proliferation, strengthen multilateralism and international law, and work towards a world free of nuclear weapons.