Even if the country has already opened its doors to the free-flowing rice importation through the Rice Tariffication Bill, mechanization in rice farming which would have helped the Filipino farmers fight competition and higher productivity will not be improved anytime soon.
Even if the country has already opened its doors to the free-flowing rice importation through the Rice Tariffication Bill, mechanization in rice farming which would have helped the Filipino farmers fight competition and higher productivity will not be improved anytime soon.
In fact, it is not going to happen within this year, an official from the Philippine Center for Postharvest Development and Mechanization (PHilMech) said.
PHilMech is one of the government agencies tasked to utilize bulk of the Rice Competitiveness Enhancement Fund (RCEF), the collected imported rice tariff. As a special rice safeguard duty, RCEP is meant to protect the rice industry from sudden or extreme price fluctuations.
See full article at Manila Bulletin