Poging GOUD - Vrij
Japanese farm minister resigns following gaffe over rice
Business World Philippines
|May 22, 2025
Japanese farm minister Taku Eto resigned on Wednesday after remarks he made about rice triggered a firestorm of criticism from voters and lawmakers, posing a fresh challenge to Prime Minister Shigeru Ishiba’s embattled government.
-
Mr. Eto has been in hot water since media reports exposed comments he made at a weekend political fundraising party that he had “never had to buy rice” thanks to gifts from supporters.
The comment led to a frenzy of criticism from voters, already angry about the historically high price of the staple food due to a poor harvest and elevated demand from a boom in tourism.
“I made an extremely inappropriate remark at a time when citizens are suffering from soaring rice prices,” Mr. Eto told reporters after handing in his resignation at the prime minister's office.
Mr. Ishiba appointed former environment minister Shinjiro Koizumi as his replacement at the Ministry of Agriculture, Forestry and Fisheries (MAFF), saying he was counting on his reform-minded stance to produce results.
“Mr. Koizumi is someone who has experience, insights, and passion for reforms on agriculture and fisheries,” Mr. Ishiba said.
Dit verhaal komt uit de May 22, 2025-editie van Business World Philippines.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business World Philippines
Business World Philippines
Sun Life Grepa offers new insurance plan
SUN LIFE Grepa Financial, Inc. has launched a new life insurance product that allows customers to tap various investment funds.
1 min
December 19, 2025
Business World Philippines
Europe's naivety about the China export shock is tragic
EUROPEAN UNION (EU) carmakers like Volkswagen AG got their wish this week when a combustion-engine ban for 2035 onward was effectively abandoned.
2 mins
December 19, 2025
Business World Philippines
NBA expansion verdict due in 2026
A DECISION on possible NBA expansion is due next year, and Las Vegas and Seattle are at the head of the line should the league open the door to new franchises, commissioner Adam Silver acknowledged on Tuesday.
1 min
December 19, 2025
Business World Philippines
PHL may miss green shift gains sans nickel reform
THE Philippines risks missing out on the full economic and social gains from the global green transition if it continues to rely on raw nickel extraction without improving job quality, safety and domestic value creation, according to a research brief released this week by the International Labour Organization (ILO).
1 mins
December 19, 2025
Business World Philippines
Student-coach Robinson nets another UAAP crown for La Salle
DE LA SALLE University’s (DLSU) author to essaying another UAAP championship wasn’t just a mere coach.
3 mins
December 19, 2025
Business World Philippines
Pag-IBIG Fund, Megawide partnership to build over 7,000 socialized homes
Pag-IBIG Fund has entered into a partnership with Megawide Construction Corp. to accelerate the delivery of 7,143 housing units in medium-rise residential developments under the government's Expanded Pambansang Pabahay para sa Pilipino Program, or Expanded 4PH.
2 mins
December 19, 2025
Business World Philippines
DA calls boost to road funding ‘game-changing’
THE Department of Agriculture (DA) said the increase in the proposed allocation for farm-to-market roads (FMRs) to P33 billion for 2026 would be a “game-changing investment” in farm productivity.
1 mins
December 19, 2025
Business World Philippines
Trump highlights victories amid sinking approval ratings
In a rare evening address from the White House, US President Donald J. Trump boasted on Wednesday of his accomplishments and blamed his Democratic predecessor for soaring consumer prices as his party braces for a tough midterm election next year.
3 mins
December 19, 2025
Business World Philippines
Salmon Bank's new promo offers 8% time deposit rate
SALMON BANK (Rural Bank) Inc. announced the launch of its latest offering, “Bank on Eight,” a promotional interest rate of 8% per annum available to clients with Time Deposit placements of at least P1 million for a minimum of one year, starting from Dec. 1, 2025 to June 1, 2026.
1 min
December 19, 2025
Business World Philippines
Philodrill seeks new contract to continue petroleum operations in Palawan
UPSTREAM oil and gas firm The Philodrill Corp. is seeking a new government contract to continue and expand its petroleum operations in northwest Palawan following the expiration of its existing service contract.
1 mins
December 19, 2025
Listen
Translate
Change font size
