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Philippine Competition Commission studies rice issues, warns traders vs manipulating rice prices

by UNTV News   |   Posted on Wednesday, February 14th, 2018

 

Prices of rice

MANILA, Philippines — One of the sectors that the Philippine Competition Council (PCC) is focusing on is agriculture, including the movement of rice prices.

The National Food Authority (NFA) already admitted that the stock of NFA rice has been depleted, but the Department of Agriculture (DA) and the Office of the President are both resolute that there is no shortage of rice in the country.

PCC was created in 2015 and its primary mandate is to ensure that there is a competition in the market.

“Tinitingnan namin yung production, tinitingnan naming yung distribution at saka paano siya nakakaapekto sa merkado (We are looking at production, distribution and how these affect the market),” said PCC enforcement office director Atty. Orlando Polinar.

The PCC has warned businessmen against manipulating the supply and price of rice.

Polinar said they may face a million peso fine for the first offense with five to seven years imprisonment.

“Bawal na mag-uusap na mag-fix ng price. Bawal na mag-uusap para i-manipulate ang bidding. Bawal sa mga competitors na mag manipulate ng supply,” said the Polinar.

(It is illegal to discuss the fixing of prices. It is illegal to discuss the manipulation of the bidding process. Competitors are not allowed to manipulate supply.)

Meanwhile, the National Food Authority (NFA) is now drafting measures on how to beef up their buffer stock.

One of which is by way of encouraging rice farmers to sell their products to the agency.

The NFA Council earlier announced that the government-to-private mode of procurement will be used for the importation of 250,000 metric tons of NFA rice which will arrive in the country in two to three months time.

“Anytime na may nagbebentang farmer tinatanggap yun (Anytime there is a farmer willing to sell, it is accepted),” said NFA spokesperson Rebecca Olarte.

NFA assured that they still have enough supply of rice for relief operations in the country. — Rey Pelayo | UNTV News & Rescue

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Philippines to import P6.7-B worth of rice from Thailand and Vietnam

by UNTV News and Rescue   |   Posted on Saturday, May 5th, 2018

 

 

 

MANILA, Philippines – Re-bidding for the country’s importation of 250,000 metric tons of rice ended early on Friday.

The bid prices of Thailand and Vietnam were lower than the reference price of the NFA so both were accepted.

But it should be noted that the reference prices of the National Food Authority (NFA) have increased by more than $45 per metric tons.

The Philippine government will be spending P6.7 billion for the 5 million sacks of rice. Initial delivery is expected at the end of May.

However, according to the president of the Central Luzon Farmers’ Cooperative, Simeon Sioson, the bid prices are too high and importation should have been done last year.

“Kapag alam ng supplier na kailangang-kailangan natin meron silang karapatan at prerogative nila na itaas yung presyo ng gusto nila,” Sioson said.

NFA spokesperson Rex Estoperez said, the agency had wanted to import rice in the last quarter of 2017 but the NFA council did not approve it.

He added that the government could have saved billions of pesos because the price then was much lower.

“Yun yung sinasabi natin yung complexity of NFA operation. Decision should always be on time,” Estoperez said.

The NFA expressed intention to open the government to government mode of procurement to other countries like India, Pakistan and Myanmar so they can have more choices and healthier competition among bidders.

But this request for them to be able to participate is still pending with office of our department of foreign affairs,” NFA Deputy Administrator Judy Carol Dansal.

The agency is set to import another 5 million sacks of rice for their 15-day buffer stock.

But President Rodrigo Duterte wants to increase the stock to last 60 days. — Rey Pelayo | UNTV News & Rescue

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UNTV accorded Most Supportive Media Partner award

by UNTV News and Rescue   |   Posted on Tuesday, May 1st, 2018

 

MANILA, Philippines — The Department of Social Welfare and Development (DSWD) Region VI accorded UNTV the distinction of being the agency’s most supportive media partners for 2017.

The award was in recognition of UNTV’s unrelenting efforts to help advocates “for the welfare of the poor and vulnerable sector” by being an instrument in disseminating the agency’s programs and services.

Such services, according to DSWD, led to the “upliftment of lives and empowerment of Ilonggo households.” — UNTV News & Rescue

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UNTV News and Rescue assists injured rider in motorcycle crash

by UNTV News   |   Posted on Thursday, April 26th, 2018

Tulong Muna Bago Balita:  UNTV News and Rescue team found Venus del Carmen, prone and immobile on the road after his motorbike crash on Thursday at around 12:40 a.m.

MANILA, Philippines — A 19-year old male was heading home to Tondo, Manila on his motorbike when he met an accident on Thursday at around 12:40 a.m.

The UNTV News and Rescue team found him prone and immobile on the road. The victim was identified as Venus del Carmen.

The Manila Traffic Bureau said the victim was traversing Sande St. in Tondo when he lost control of the handlebar trying to avoid a dog on the street.

Venus suffered cuts on his forehead, hands, knees, and feet which the UNTV team promptly treated with first-aid.

After administering first-aid, the group informed the victim’s family regarding the accident before bringing him to Jose Reyes Memorial Medical Center for further medical examination. — UNTV News & Rescue

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