Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>   Daily News  >>   Philippines News  >>Agriculture  >>Philippines pushes rice self-sufficiency target to 2016
NEW UPDATES Asean Affairs  9 October 2014  





Philippines pushes rice self-sufficiency target to 2016

THE Philippines has pushed back its 2013 target to attain self-sufficiency in rice production by another two years, an official said yesterday, adding that the country will likely have to import hundreds of thousands of tonnes next year.

“We’re pretty set at 1.7 million metric tonnes” of rice imports for this year, said Francis Pangilinan, an adviser to President Benigno Aquino on food security.

Asked if the Philippines planned to import even more than 1.7 million tonnes next year, Pangilinan said: “That’s a possibility.”

He said the Philippines is now aiming to end rice imports in 2016 – three years later than its original 2013 target.

Last year the Philippines imported a million tonnes of rice, making it the eighth largest importer in the world, according to the US agriculture department.

During the global food crisis in 2008, the Philippines imported a record 2.34 million tonnes of rice, the largest for any country.

Bad weather, including frequent typhoons and floods, had repeatedly stymied the country’s efforts to produce enough rice, Pangilinan said.

The Philippines suffered from supply tightness in 2013, forcing the government to resort to more imports in the latter part of that year, he added.

The situation was repeated this year, with domestic rice prices shooting up by about 20 per cent between June and October, he said.

This forced the government to inject subsidised rice into the local market to stabilise prices.

About 26 per cent of the rice now on the local market is state-subsidised rice, he added.

With these factors in mind, Pangilinan said rice self-sufficiency remained an important target.

“Any country would like to be able to secure its food and be sufficient in rice. But I guess the issue here is at what cost and how much and how soon.”

Given time, he said higher-yielding seeds and more widespread access to irrigation and other support services should eventually help Filipino rice farmers produce enough for local consumption.

“If we improve yields, if we improve mechanisation, if we improve irrigation, that 10 per cent (gap between production and consumption) should not be unachievable,” he said.



Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below



 
Today's  Stories                            October 9, 2014 Subsribe Now !

• SBV seeks to deter virtual gold traders
Subcribe: Asean Affairs Global Magazine
• Malaysia Airlines hires foreigner as CEO
• Philippines pushes rice self-sufficiency target to 2016
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• IBC: Kingdom’s economy is lagging
• Tourism, farming need attention: World Bank
Asean Analysis                    October 9, 2014

• Asean Analysis October 9, 2014
Farmers in the 9 biggest provinces of Mekong River Delta Vietnam invested USD 291.5 million on crop protection in first half of 2014: GfK
Advertise Your Brand

Asean Stock Watch    October 8, 2014
• Asean Stock Watch-October 8 , 2014
The Biweekly Update
• The Biweekly Update  October 3, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com