Try GOLD - Free
Gov't agencies urged to directly procure palay
Business World Philippines
|November 07, 2025
THE departments of Agriculture (DA) and Agrarian Reform called on government agencies and government-owned or -controlled corporations (GOCCs) to procure palay (unmilled rice) directly from farmers in compliance with their legal obligations.
-
In a joint briefing, the two departments cited the importance of harnessing government procurement to support farmers and ensure they obtain fair prices for their grain.
The briefing was convened to discuss Executive Order (EO) 100, which directs officials to establish regional floor prices for palay, and EO 101, which pushes for the full implementation of the Sagip Saka Act to boost enterprise development among farmers and fisherfolk.
Republic Act No. 11321, or the Sagip Saka Act, requires government agencies and GOCCs to procure agricultural and fishery products directly from accredited Farmers and Fisherfolk Cooperatives and Enterprises.
The Sagip Saka process exempts procuring entities from public bidding rules.
This story is from the November 07, 2025 edition of Business World Philippines.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business World Philippines
Business World Philippines
SM Supermalls showcases Anna Vergel RS artworks at Mall of Asia
SM SUPERMALLS has long supported the growth and careers of local Filipino artists. Among the artists that SM Supermalls proudly features along the hallways of their Corporate HQ at the SM Mall of Asia Complex as well as their corporate website is acclaimed visual artist Anna Vergel RS.
1 min
November 14, 2025
Business World Philippines
Raymond Lauchengco stages 60th birthday concert
TO celebrate turning 60, Raymond Lauchengco is showing his gratitude to all those who have supported him throughout the years with a grand birthday concert, a heartfelt new song, and a book featuring his stories and artworks.
4 mins
November 14, 2025
Business World Philippines
What today's Daniel would see on the wall
The Philippine Statistics Authority (PSA) has confirmed what many had feared all along: the Philippine economy is losing steam.
5 mins
November 14, 2025
Business World Philippines
Gatchalian sees farm output growing 3% in 2025
AGRICULTURAL OUTPUT is expected to grow by 3% in 2025, a senator said at a plenary budget debate on Thursday, with the farm industry shrugging off a series of late-year calamities.
1 min
November 14, 2025
Business World Philippines
SEIPI urges gov't to help sector as it loses competitiveness
THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is seeking government support for the sector as it loses its competitiveness amid new US trade deals with Southeast Asian neighbors.
1 mins
November 14, 2025
Business World Philippines
Recipe for disaster
The decision by the Mavericks to relieve Nico Harrison of his duties as general manager marks a turning point for all and sundry.
2 mins
November 14, 2025
Business World Philippines
Finance Usec. Mendoza takes over BIR
PRESIDENT Ferdinand R. Marcos, Jr. has appointed Finance Undersecretary Charlito Martin R. Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR), replacing Romeo D. Lumagui, Jr., as the agency struggles to meet its 2025 revenue collection target.
2 mins
November 14, 2025
Business World Philippines
My father’s legacy of integrity, family, and faith
Nov. 1 is not only All Saints’ Day — it’s also a day of joyful remembrance.
3 mins
November 14, 2025
Business World Philippines
BPI looks to sustain 12-13% loan growth
BANK of the Philippine Islands (BPI) is looking to sustain its loan growth at the mid-teens range next year as it continues to expand its consumer lending business.
2 mins
November 14, 2025
Business World Philippines
AdNU, Henry Sy Foundation spearhead building reconstruction
THE HENRY SY Foundation, Inc. (HSFI) and Ateneo de Naga University (AdNU) have broken ground for the reconstruction of the university's 85-year-old administration building at the Bagumbayan Campus, marking the start of a project expected to benefit future generations of Bikolano students.
1 min
November 14, 2025
Listen
Translate
Change font size