2011-02-09

Global Snapshot: Philippine Private Traders Allowed To Import 163,000 Tonnes Of Rice This Year

(News resource: Rice Online Via Bernama.com)

Feb 7 (Bernama) -- The Philippine government has allowed the private sector to import 163,000 metric tonnes of rice this year as it needs to stockpile on the staple before world commodity prices increases further, the authorities said Monday. Rice is a politically-sensitive crop and it's only the state-owned National Food Authority (NFA) that's allowed to import it to ensure food security, China's Xinhua news agency reported.

For more details, please link to the webpage of Bernama.com