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Tsikoteer
- Join Date
- Mar 2008
- Posts
- 52,690
September 10th, 2018 12:57 PM #1061in my opinion,
that was a mistake.
and the guy who made the mistake, refuses to admit it, and is passing it off as "something beyond their control".
i mean, bukbok is easy to detect. one but has to inspect the product.
it is also possible,
someone might have purchased low-grade, bukbok rice, and is passing it off as "of the rice quality agreed upon".Last edited by dr. d; September 10th, 2018 at 01:00 PM.
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September 10th, 2018 12:59 PM #1062
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September 10th, 2018 01:10 PM #1063
here's the thing
consumers want very low-priced rice which only the NFA can provide
like P27 per kilo or something which is in reality below real market price
in order to sell at a price that low, the NFA has to keep its buying price low right?
if they wanna help farmers they should buy at a higher price but the selling price should be higher din
but consumers will complain naman
if NFA maintains the low selling price but buys at a price that make farmers happy the NFA must absorb significant losses (which means we taxpayers are the loss takers)
well i think yan naman talaga ang function ng NFA
use taxpayer money to provide rice at below market priceLast edited by uls; September 10th, 2018 at 01:15 PM.
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September 10th, 2018 03:55 PM #1064
so now the govt is scrambling to address the inflation issue specially the RICE factor
so mag iimport sila
awful timing coz now USDPHP is 53.9
so that imported rice is will cost more in peso terms
and of course using precious $$$ at a time when you want to keep dollar reserves high to fend off speculative attack
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September 10th, 2018 03:58 PM #1065
rearview is 20/20 but NFA should have imported rice dati pa
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it's a bit too late
the EM crisis has arrived in PH
global investors have marked PH for attack
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September 10th, 2018 05:45 PM #1066
Di pa naman tayo nabanggit dito. Di pa nga pala ako tumitingin ng numero natin.
What do the economic woes of Turkey, Argentina and Indonesia have in common? | World Economic Forum
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September 10th, 2018 05:58 PM #1068
anyway, there's a Fed meeting this month
rate hike expected
BSP should follow the Fed or USDPHP goes 54 and beyondLast edited by uls; September 10th, 2018 at 06:00 PM.
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September 10th, 2018 06:15 PM #1069
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September 10th, 2018 06:17 PM #1070
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