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                    [Title] => Gov’t to save on rice imports with a strong peso
                    [Summary] => The strong peso is helping the government save dollars on its rice importations even as rice prices in the global market are increasing.


"The strengthening of  the peso means lower cost for our rice importations and should the situation prevail, it will ease the burden of government to be shelling out more foreign currency for its rice purchases. This is a positive factor for us especially if world market prices of rice continues its steady rise," said National Food Authority (NFA) Administrator Gregorio Tan Jr. 


                    [DatePublished] => 2006-03-03 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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CANTOS TAN

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                    [Title] => Gov’t to save on rice imports with a strong peso
                    [Summary] => The strong peso is helping the government save dollars on its rice importations even as rice prices in the global market are increasing.


"The strengthening of  the peso means lower cost for our rice importations and should the situation prevail, it will ease the burden of government to be shelling out more foreign currency for its rice purchases. This is a positive factor for us especially if world market prices of rice continues its steady rise," said National Food Authority (NFA) Administrator Gregorio Tan Jr. 


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Gov’t to save on rice imports with a strong peso

By Rocel Felix | March 3, 2006 - 12:00am

The strong peso is helping the government save dollars on its rice importations even as rice prices in the global market are increasing. "The strengthening of the peso means lower cost for our rice importations...

Business