date:Mar 27, 2014
The Philippine government said Wednesday that it will purchase 800,000 metric tons (MT) of imported rice via a tender set on April 15.
The Philippines is racing to boost its stockpile to stabilize rice prices and to ensure that the country will have enough stocks during the wet season, when the country is usually visited by strong typhoons.
State-run National Food Authority (NFA) said the bidding will be open to all qualified private and government-backed rice suppliers.
NFA spokesman Rex Est