Agriculture
Agricultural losses soar to P308M due to severe weather
The agricultural sector has sustained severe setbacks following a series of adverse weather events, with the Department of Agriculture (DA) reporting damage having surged to P307.72 million—a 354.7 percent increase from previous assessments.
NFA needs additional funding for increased rice buffer stock
The National Food Authority (NFA) needs to secure additional funding to cover the increase in the national rice buffer stock mandated under the amended Rice Tariffication Law.
NIA allocates funds for dam projects to boost irrigation, power generation
The National Irrigation Administration (NIA) has announced funding for the development of three major dam projects to boost agricultural productivity in the country.
U.S. FDA takes coconut off allergen list, boosting PH export potential
The U.S. Food and Drug Administration (FDA) has officially excluded coconuts from its classification of tree nuts, a decision expected to open up new commercial opportunities for Philippine coconut products.
Meat imports surge in 2024, reflecting shifting consumer demand and economic impact
The country's meat imports posted a significant increase in 2024, reflecting growing demand and shifts in consumer preference, according to data from the Bureau of Animal Industry (BAI). From January to November 2024, the Philippines imported 1.33 billion kilograms of meat, marking a 19.4 percent rise from the 1.12 billion kilograms imported in the same period of 2023.
