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Tuesday, June 17, 2008

 

Rice cheaper in RP than in Thailand, Vietnam

Research by food agency showed that rice-exporting countries also hit by worldwide price hikes

EVEN rice exporting countries are affected by the worldwide rice price crisis as retail prices of the staple in Vietnam and Thailand went up to P59.01 per kilogram and P45.11 per kilogram, respectively, the National Food Authority (NFA) said.

NFA Administrator Jessup Navarro said that a research made on rice prices in Asia showed that in May, the domestic selling price of rice in Vietnam and Thailand was at P59.01 per kilogram and P45.11 per kilogram, respectively.

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O T H E R   R E P O R T S

 

LEGAZPI CITY: A California-based Filipino-American businessman invested $4 million on a windmill project, which is the largest single investment that will provide clean energy resources in Cagraray Island, Bacacay town in Albay province.

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ENVIRONMENTAL advocates expressed alarm on the opening of a mining firm that threatens to destroy the rice granary and rich coastal resources of Hinobaan, Negros Occidental.

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CLARK FREEPORT: Business tycoon Levy Laus said on Monday he submitted last month a letter to President Gloria Arroyo expressing his desire to resign from his post as president/CEO of Clark Development Corp. (CDC).

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Severino O. Frayna Jr., Benjie Dela Rosa
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