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Agriculture

  • A fifth of food-output growth has been lost to climate change
    Climate change has been holding back food production for decades, with a new study showing that about 21 percent of growth for agricultural output was lost since the 1960s. That’s equal to losing the last seven years of productivity growth, according to research led by Cornell University and published in the journal Nature Climate Change. […]
  • ‘Cut agri insurance tax to spur farm growth’
    The government should reduce the tax on nonlife and agriculture insurance premium to encourage the private sector to offer such insurance products, which will help expand farming activities, according to an agricultural finance expert. Dr. Jaime Aristotle Alip said the tax on nonlife insurance products, including crop insurance, should be cut to 2 percent, or […]
  • PHL to lose P548M from rice tariff cut–group
    The Federation of Free Farmers (FFF) said the government may lose P548 million, or more than nine-fold higher than the P60-million estimate of the Tariff Commission, if rice tariffs on imports from non-Asean countries would be reduced to 35 percent. FFF said the total value of rice imports from non-Asean countries last year reached P3.65 […]
  • PhilMech farm machine distribution hits 50% of goal
    TWO years after the enactment of the Rice Trade Liberalization (RTL) law, the Philippine Center for Postharvest Development and Mechanization (PhilMech) has delivered 50 percent of its machine distribution target using its 2019 and 2020 funds. PhilMech data obtained by the BusinessMirror showed the agency has distributed a total of 7,947 units of farm machinery […]
  • Tesda to put up RCEF-backed farm field schools
    TO enhance farmers’ skills, improve their productivity and increase their income, the Technical Education and Skills Development Authority (Tesda) announced its plan to establish Farm Field Schools all over the country. Tesda Secretary Isidro Lapeña said the plan is in line with the implementation of the Rice Competitiveness Enhancement Fund (RCEF). In a memorandum issued […]

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