Love Served On A Plate: Chef Tatung’s Culinary Philosophy And Journey

Chef Tatung doesn’t just serve food—he serves love. Discover the recipe behind his success in the kitchen and in life. #LetsAllWelcome #LetsAllWelcome_ChefMykeTatungSarthou

Jamie Rivera Delivers Message Of Hope In PH’s 2025 Jubilee Song “Ningas Ng Pag-Asa”

Jamie Rivera elevates the spirit of celebration with her heartfelt rendition of the Jubilee hymn.

BINI Kicks Off “BINIverse World Tour” With Shuttle Service To Philippine Arena

Shuttle services are available for all BLOOMs heading to the Philippine Arena for BINI's world tour debut.

UP Open University Offers 44 Free, Self-Paced Online Courses

Makabagong kurso ng UP nagtatampok ng mga paksa tulad ng Artificial Intelligence, Creativity and Innovation at iba pa, libre at online sa 2025.

NFA Eyes Over PHP500 Million Additional Revenue With Higher Selling Price

Ang mas mataas na presyo ng NFA ay maaaring magdulot ng PHP557.3 milyon na dagdag na kita.
By The Luzon Daily

NFA Eyes Over PHP500 Million Additional Revenue With Higher Selling Price

2670
2670

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

The National Food Authority (NFA) on Wednesday said it could gain PHP557.3 million in additional revenue with the implementation of a higher selling price.

This came after the NFA Council approved the increase in the selling price of NFA rice to PHP38 per kilogram, from the previous PHP25/kg, to the Department of Social Welfare and Development (DSWD).

“The higher selling price agreed to by the DSWD will help not only reduce NFA losses but also give it additional resources to buy more palay from our farmers,” DA Secretary Francisco Tiu Laurel Jr. said in a statement.

NFA Administrator Larry Lacson, meanwhile, thanked the DSWD for its support for the NFA’s rice price adjustments.

“The additional revenue from our sales to DSWD will allow us to buy an additional 400,000 50-kilo bags of palay, equivalent to 12,600 metric tons of rice,” he said.

For the wet harvest season, the NFA aims to buy around 6.4 million to 8.7 million bags of palay.

Earlier, it had secured around 3.5 million 50-kg bags of palay from the dry harvest season in June with its higher pricing scheme.

The NFA’s higher buying price range is set at PHP17 to PHP23 per kilogram for fresh or wet palay; and PHP23 to PHP30/kg for clean and dry palay. (PNA)