Philippines May Hold Another Rice Tender, Secretary Yap Says

By Cecilia Yap

Oct. 14 (Bloomberg) -- The Philippines, the world’s biggest rice importer, may hold another tender this year to purchase the grain from overseas, said Agriculture Secretary Arthur Yap.

The new tender may be on top of the Oct. 30 purchase planned by the National Food Authority, Yap said today in Manila. The Philippines is seeking to buy 250,000 metric tons of rice at the Oct. 30 tender.

To contact the reporter on this story: Cecilia Yap in Manila at cyap19@bloomberg.net