NFA-NegOcc Sees Bigger Rice Dispersal With Lower Selling Price

NFA-NegOcc Sees Bigger Rice Dispersal With Lower Selling Price


Transport Coop. Provides More Than 25k Free ‘Green Cards’ For Cashless Transactions

A transport cooperative operating in Las Piñas provides 25,735 passengers with the means to safely board and ride their solar electric jeepneys along the route of Alabang to Zapote.

The Importance Of Deepening Ties And Friendship On Online English Education

51Talk hosts the 2020 Sino-Philippines Educational Exchanges in celebration of the 45th anniversary of the founding of bilateral relations between the Philippines and China.

DBP Backs Public Transport Sector Recovery

DBP is working closely with the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) in finding financial solutions to aid the country's transportation sector due to the difficulties presented by the pandemic.

The National Food Authority (NFA) sees a higher distribution of government rice in Negros Occidental, with the lower selling price for accredited retailers of only PHP23 per kilogram.

Provincial Manager Frisco Canoy said the new price, lower by PHP2 than the previous PHP25 per kilogram, took effect on October 29.

The current price of a 50-kilo bag is only PHP1,150 from the previous PHP1,250. “It’s cheaper yet quality rice. With the new selling price, the distribution might go faster,” Canoy said on Wednesday.

However, the buying price remains at PHP27 per kilogram since the adjusted price applies only to retailers.

The latest inventory showed that NFA-Negros Occidental still has some 7,000 bags of imported rice from Myanmar up for distribution, including 5,000 bags as the province’s remaining buffer stocks and 2,000 bags additional stocks from Iloilo.

Canoy said Negros Occidental, which was supposed to conclude rice distribution in August, might obtain more stocks from the Panay provinces to help dispose of all existing imported rice stocks in Western Visayas.

In Negros Occidental, lesser volume of NFA rice has been purchased by retailers at the previous price of PHP25 per kilogram.

Canoy noted that some accredited retailers have even stopped selling NFA rice probably because imported commercial rice is available at competitive prices.

“They might be encouraged to increase the purchase volume, with an expected mark-up of PHP4 per kilogram or PHP200 per bag. We hope to fully distribute our remaining import allocation stocks soon,” he added.

In February this year, Republic Act 11203 or the Rice Import and Export Liberalization Law was enacted to lift import restrictions on rice to make the price of the staple commodity affordable for all.

Starting March 5 this year, the new law removed the regulatory functions of the NFA over international and domestic trading of rice, and its provincial offices can no longer act on licensing and registration of persons and entities engaged in the grains business, and collection of regulatory fees.

The NFA is now focused on buffer stocking mainly for emergencies and calamities. (PNA)

Pasig River Ferry Service Resumes Operation

The Pasig River Ferry Service resumes operations again!

DOH Cites Ways To Avoid ‘Quarantine Fatigue’

Fed up with the cabin fever? Here are some ways on how you can cope with it:

Ariana Grande Teases Fans With A New Album

Fans look forward to the album to drop on these dates:

How Filipino SMEs ‘Reset For The Rebound’ Post-COVID-19

Can the small and medium scale enterprises still grow in the Philippines despite the pandemic?

Zanjoe And Paulo In Tug-Of-War Over Angelica In ‘Walang Hanggang Paalam’

Catch the freshest episodes of "Walang Hanggang Paalam" on A2Z channel!

PNP: Jan-Sept Crime Rate Down Almost 24%

Recorded crimes in the country in the first nine months of this year dropped by 23.9 percent, the Philippine National Police reported.

Idol Sa Kusina: Lutong Bahay Kicks Off This Sunday

Learn how to cook straight from these idols at home this Sunday at 7:50 pm on GMA News TV!

ABS-CBN News Anchor Christian Esguerra Honored With McLuhan Fellowship

Christian Esguerra was given one of the highest honors for journalists and communicators as he was named the 2020 Marshall McLuhan fellow by the Canadian Embassy in the Philippines and the Center for Media Freedom and Responsibility.

Bello: No Delay, Exemptions On Grant Of 13th Month Pay

13th month pay ng mga empleyado, tuloy na tuloy na!

Gatchalian Sounds Alarm On Low Teacher Licensure Exam Results

Gatchalian sounds the alarm on the low passing rates of the Licensure Examination for Teachers as he reiterates the need to improve the quality of teacher education and training in the country.