NFA Council approves DTI proposal to allow big retailers to import rice
Electrolux has been named Industry Leader in the Household Durables category in the Dow Jones Sustainability World Index (DJSI World). It is the twelfth consecutive year that Electrolux receives this recognition in the assessment, which is published by RobecoSAM.
“We’re honored to once again have been recognized as industry leaders within sustainability. Acting sustainably is part of our purpose – shape living for the better – and reflects on everything we do and in our efforts to empower consumers to live more enjoyably and sustainably,” said Henrik Sundström, Head of Sustainability Affairs at Electrolux. “This year, the assessment results of Electrolux show the width of our sustainability promises. In all dimensions - economic, environmental and social, Electrolux obtains a leadership position in our industry."
The Dow Jones Sustainability Indices enable investors to integrate sustainability considerations into their portfolios. At the same time, they provide an effective engagement platform to encourage companies to adopt sustainable best practices. For more information, visit: www.sustainabilityindices.com.
Here in the Philippines, Electrolux offers a complete range of appliances that include washing machines and dryers, refrigerators and ovens, vacuum cleaners, and air conditioners.
Promoting sustainability in homes continues to be a priority for the company, in line with its new mission of shaping living for the better. Electrolux appliances are designed with green living in mind, incorporating a number of environmentalfriendly features. These include inverter technology that leads to energy savings in its washing machines, refrigerators and air-conditioners, and filters that remove dust and allergens in its vacuum cleaners and airconditioner.
“We are very proud to once again be named the industry leader in sustainability when it comes to household appliances. We believe that as a manufacturer of appliances that have become staples in many Filipino homes, we play an important part in raising awareness for and promoting eco-friendly living. Through our campaigns, products and solutions, we hope to create more sustainable Filipino homes – homes that are more energy efficient, that have cleaner air and less wasteful kitchens,” said Andrea Soto-Pionilla, Country Marketing Manager of Electrolux Philippines.
The policy‐se'ng Na onal Food Authority (NFA) Council has approved the proposal of the Department of Trade and Industry (DTI) to allow big retailers to import rice, but also s pulated that the rice should be sold at a price set by the government.
“Pursuant to the Administra ve Order No. 13 of the President, the DTI made a proposal to the NFA Council to allow the importa on of rice by retailers or by importers who are capable also of selling this by retailing,” Trade Undersecretary for Consumer Protec on Ruth Castelo told reporters on the sidelines of a forum in Pasay City yesterday.
“The proposal was submi!ed yesterday [Monday] and was approved by the NFA Council. Today [Tuesday], we are submi'ng with them the importa on guidelines as soon as we get approval, we can begin the process tomorrow [Wednesday]," Castelo said.
Selected retailers can import a total of 350,000 metric tons of rice, but they should sell it at P38 per kilo.
“The NFA Council allowed the importa on of 350,000 metric tons, the permit to be given to importers and traders who have the capacity to do retail but the condi on is rice should be sold at P38 per kilo,” the DTI official said.
“Ang idea namin dito ‘yung SM, Robinsons... ‘yung malalaki na kaya mag‐retail at may documenta on kaya pwede i‐audit any me kasi meron silang papel hindi nila madi‐divert ‘yung bigas,” Castelo said.
Allowing retailers to import commercial rice will eventually stabilize prices.
“This will send signals na kayang gawin ng gobyerno para mapababa ang presyo,” Castelo said.
The DTI is also urging the Sugar Regulatory Commission to allow the importa on of sugar by retailers and end‐ users such as manufacturers of candies and so~drinks.
Likewise, retailers who will be allowed to import sugars should sell their stocks at a government‐set price of P50 per kilo, according to Castelo.
The country is s ll reeling from a nine‐year high infla on rate of 6.7 percent in September driven by higher prices of food items.
“We’re hoping to really create an impact on infla on in the next two weeks or so,” Castelo said.
According to presiden al spokesperson Harry Roque Jr. yesterday, President Rodrigo Duterte has ordered the implementa on of unlimited rice importa on.
Electrolux works to shape living for the better by putting sustainability at the forefront and integrating environment-friendly features in their products.