MANILA, Philippines Four Asian countries have expressed interest to supply the Philippines with 300,000 metric tons of rice under a government-to-government scheme, the first for the country since the industry was liberalized.
MANILA, Philippines Four Asian countries have expressed interest to supply the Philippines with 300,000 metric tons of rice under a government-to-government scheme, the first for the country since the industry was liberalized.
During Monday’s online G2G bidding, Myanmar, Thailand, Vietnam and India submitted their bids for the supply of imported rice with 25 percent brokens to be delivered to five ports until Aug. 14.
The government, through the Philippine International Trading Corp., has set aside P7.45 billion for the procurement.
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