Philippines to Import Over 5 Million MT of Rice Amid El Niño Impact
The Philippines is set to import over five million metric tons (MT) of rice this year to bolster supply amid projected declines in domestic production due to El Niño. As of September 24, the country had already surpassed last year's total annual imports.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- House OKs P7.2 Trillion 2027 Budget Bill on Second Reading
The Philippine House of Representatives has approved on second reading the proposed P7.2 trillion national budget for fiscal year 2027. Amendments include increased allocations for education, agriculture, infrastructure, social welfare, and health sectors.
- House OKs P7.2-T Spending Bill on Second Reading
The Philippines' House of Representatives passed on second reading a P7.2-trillion spending bill, a record national budget to fund government operations, salaries, and infrastructure projects for the upcoming year.
- House Approves P116-B Budget Amendments for 2027
The Philippine House of Representatives approved P116 billion in amendments to the P7.2-trillion 2027 national budget. The move adopts redistribution recommendations from a select panel of lawmakers, aiming to rechannel funds within the proposed spending plan.
- PSEi Recovers on Bargain Hunting, But Headwinds Linger
The Philippine stock market rebounded as investors snapped up bargain stocks following a previous day's decline. The main Philippine Stock Exchange index (PSEi) rose 1.05%, though elevated US Treasury yields, a weak peso, and high inflation continue to weigh on the market.