Agriculture Secretary Francisco Tiu Laurel Jr. does not take kindly to commodities smugglers and made known his plan to blacklist at least four commodities importers for acts that fall under economic sabotage.
The Philippines plans the purchase of at least 200,000 metric tons (MT) of refined sugar from overseas suppliers in September as part of the government's price stability program.
The Department Agriculture (DA) on Wednesday sought the early distribution of cash assistance to rice farmers worth P12 billion collected under the Rice Competitive Enhancement Fund (RCEF).
The Philippine Coconut Authority (PCA) has adopted a program boosting coconut sector output through a fertilizer program for 340 million coconut trees around the country, one that aims to cover at least 15 percent of the trees instead of the one percent that its budget allows at the moment.
The government on Tuesday committed to act quickly and come to the defense of farmer incomes should rice prices drop more than 12 percent from where they are at present, according to the Department of Agriculture (DA).