MANILA- The Philippines will import an additional 250,000 tons of rice via an open tender, the state grains procurement agency said on Wednesday, as the government rushes to boost domestic supply and curb rising retail prices of the staple grain. The decision comes as the country’s annual inflation shot up to a faster-than-expected 6.4 percent in August, […]Philippines to buy extra 250,000 tons of rice to quell price gains
MANILA- The Philippines will import an additional 250,000 tons of rice via an open tender, the state grains procurement agency said on Wednesday, as the government rushes to boost domestic supply and curb rising retail prices of the staple grain. The decision comes as the country’s annual inflation shot up to a faster-than-expected 6.4 percent in August, […]
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