Business Recorder - Markets - Commodities https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 22:20:01 +0500 Thu, 13 Aug 2026 22:20:01 +0500 60 Philippines plans to buy 800,000 tonnes rice: official https://www.brecorder.com/news/5033/philippines-plans-to-buy-800000-tonnes-rice-official <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/rice2.jpg" width="400" height="280" />LOS BANOS: The Philippines plans to import around 800,000 tonnes rice this year even if a government council allowed purchases of up to 1.3 million tonnes, the agriculture secretary said on Monday.</p> <p class="MsoPlainText">Proceso Alcala told Reuters he prefers the private sector to bring in the bulk, or 600,000 tonnes, of this year's planned rice purchases starting May to June.</p> <p class="MsoPlainText">He said the government wants to cut its rice imports in 2012 by half, or about 400,000 tonnes, against this year before it achieves its goal of rice self-sufficiency by 2013.</p> <p class="MsoPlainText"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p> LOS BANOS: The Philippines plans to import around 800,000 tonnes rice this year even if a government council allowed purchases of up to 1.3 million tonnes, the agriculture secretary said on Monday.

Proceso Alcala told Reuters he prefers the private sector to bring in the bulk, or 600,000 tonnes, of this year's planned rice purchases starting May to June.

He said the government wants to cut its rice imports in 2012 by half, or about 400,000 tonnes, against this year before it achieves its goal of rice self-sufficiency by 2013.

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/5033 Mon, 28 Feb 2011 13:03:01 +0500 none@none.com (Imad Uddin)