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Philippine President Ferdinand Marcos Jr. signed Republic Act (R.A.) No. 12078 on December 9, 2024, which extended the implementation of the Rice Competitiveness Enhancement Fund (RCEF) until 2031.
The Philippine Food and Drug Administration (PFDA) reiterated its jurisdiction on the regulation of veterinary drug products. The PFDA clarified that it shall regulate finished products for therapeutic purposes for animals, including veterinary drugs, medicated feed products, and antimicrobials.
FAS Manila forecasts lower milled rice production in Marketing Year (MY) 2024/25 compared to MY 2023/24 due to a series of weather disturbances. FAS Manila forecasts an increase in imports in MY 2024/25 to address reduced domestic production and increasing consumption attributed to population growth.
Reaching pre-pandemic levels in 2025, FAS Manila sees continued food service sales growth at 12 percent with the expansion of stores and customer queues in restaurants. As more consumers dine out, restaurant chains open new restaurants, cafes, kiosks...
Post’s forecast for Philippine pork production in 2021 turns negative as ASF continues to discourage commercial operations from reinvesting in the sector, which in turn has led to spiking...
The COVID-19 pandemic and African Swine Fever continue to dampen feed demand in the Philippines, while recent typhoons were damaging to rice and corn but not enough to offset strong production...
To combat the spread of the COVID-19 pandemic, the Philippine government placed much of the country in various forms of quarantine, which in turn sharply eroded the demand for...
The Philippines is the ninth largest export market for U.S. agricultural products and its largest market for consumer-oriented products in Southeast Asia.
The Philippines is a biotechnology leader in Southeast Asia, highlighted by its co-sponsorship of the International Statement on Agricultural Applications of Precision Biotechnology...
The Philippines imports virtually all of its dairy products, especially milk powder, as domestic production cannot meet the country’s dairy demand of nearly 3.0 MMT liquid milk...
Philippine raw sugar production in MY 2020/21 is projected to reach 2.19 MMT, up two percent from the previous year due to improved sugar cane genetics and farm management.
While the Philippine food service sector was set to grow eight-plus percent in 2020 to $16 billion, COVID-19 related measures have reduced prospects to less than $7 billion.