Connect with us

Business and Economy

Supermarkets to ensure availability of NFA rice

Published

on

MANILA — The Philippine Amalgamated Supermarkets Association (PAGASA) vowed that it will ensure that subsidized rice from the National Food Authority (NFA) will be made more available in supermarkets across the country.

This as PAGASA expressed confidence that the rice tariffication policy of the government will lead to lower rice prices in the market.

“We assure that cheap rice will be available in the market. Rice tariffication will also help achieve this,” PAGASA President Steven Cua said in an interview with the Philippine News Agency (PNA) on Monday.

He urged the government to expedite the issuance of permits to supermarkets for them to sell the NFA rice to their customers.

“Some of our member supermarkets are not selling subsidized rice because they need a permit from the NFA,” according to Cua.

The PAGASA has signed a memorandum of agreement last September with the Department of Trade and Industry and NFA to allow the distribution and selling of subsidized rice in supermarkets nationwide.

Consumers may buy up to two bags or four kilograms of NFA rice in participating supermarkets for PHP 27 per kilogram.


Consumers may buy up to two bags or four kilograms of NFA rice in participating supermarkets for PHP 27 per kilogram. (File photo by Adam Cohn/Flickr, CC BY-NC-ND 2.0)

Furthermore, Cua said rice tariffication will help ensure wider availability of affordable rice in the market for consumers.

“The rice prices will depend on the quality of supply that will be imported in the country,” he said.

The National Economic and Development Authority has earlier assured that subsidized NFA rice will still be available in the market until the end of this year while consumers also benefit from cheaper imported rice with the passage of the rice tariffication law.

The NFA is mandated to ensure the sufficient supply of buffer stocks of rice in the country.

President Rodrigo Duterte has signed Republic Act No. 11203 last February which liberalized the importation of rice in the country through the lifting of quantitative restrictions and replacing them with tariffs.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle1 week ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle2 weeks ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver3 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver5 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...