Food and Agri Business Monitor March 15, 2019
The Tales of Two Agricultures: Philippines and Vietnam
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A new book by Dr. Rolando Dy to be released soon
MANILA — A new book that sheds light on the possible pathways to prosperity via agribusiness will be out starting March 20. Written by Prof. Rolando T. Dy of the University of Asia and the Pacific (UA&P), “Agribusiness: Pathways to Prosperity” contains 63 articles that cover the global and ASEAN perspectives, the local scene and industry/business
It’s time to hear the status from the industry players!
Listen to what the industry players will say about their respective industries! The University of Asia and the Pacific – Center for Food and Agri Business will once again hold its Year End Food and Agri Business Conference on December 11, 2018 at the PLDT Hall, UA&P, Ortigas Center, Pasig City. The conference seeks to
Half-Cup Rice Act of 2018, in the works
Davao Oriental Rep. Joel Mayo proposed the “Half-Cup Rice Act of 2018”, or the House Bill No. 7034. The bill is in response to the current dwindling rice supply of the country. It aims to achieve the reduction of food wastage, attain self-sufficiency in rice production, lessen consumer expenses and promote health with balanced eating.
Sugar production projected to rise by seven percent
Philippine sugar output in marketing year (MY) 2018-2019 was estimated to increase by at least seven percent from 2.10 million (M) tons from the previous year to 2.23M tons, according to the Global Agricultural Information Network (GAIN) report. Projections from the GAIN report, which was prepared by the US Department of Agriculture-Foreign Agricultural Service in
Malacañang: Government is taking measures to curb rising prices
Inflation reached a new nine-year high of 6.7 percent in September versus the 6.4 percent in August, based on data released by the Philippine Statistics Authority (PSA). Steep increases in food prices was caused by supply disruptions after the onslaught of Typhoon Ompong, stoking inflation in September, the PSA noted. Malacañang had assured that they
Revenue from agricultural exports up by 32.3 percent -PSA report
Earnings from the agricultural exports of the country registered a 32.3 percent growth from PhP250.8 billion (B) in 2016 to PhP331.6B in 2017, according to the latest report from the Philippine Statistics Authority (PSA). On the other hand, imports of farm products have marginally declined by 0.3 percent from PhP594.5B in 2016 to PHP592.8B in
Philippines to import one million tons of rice next year
The National Food Authority (NFA) Council head and Department of Agriculture Secretary Emmanuel Piñol announced that it will be importing one million tons of rice for the year 2019. This year, an additional of 750,000 tons of rice will be imported to keep the prices of commercial rice in the market at bay. Secretary Piñol
Duterte signs AO removing non-tariff barriers to agri importation
President Rodrigo Roa Duterte signed the Administrative Order (AO) 13, which removes the non-tariff barriers to agricultural products. The move was to ease the prices of basic agricultural commodities. President Duterte said that the AO would take effect immediately. Non-tariff barriers include import quotas, import permits, and sanitary permits, among others. Aside from these, importation
Typhoon Ompong causes PhP14.3 billion worth of damages to agriculture
Typhoon Ompong (international name: Mangkhut) made its landfall in Baggao, Cagayan last September 15, causing heavy rainfall and bringing winds of over 200 km per hour. The typhoon reportedly caused PhP21.3 billion (B) worth of damages to agriculture and public infrastructure, according to the National Disaster Risk Reduction and Management Council (NDRRMC). The amount is