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No. 10 Maryland holds off George Mason late, 66-56 in a matchup of unbeatensTHE Department of Agriculture (DA) is mulling over the removal of brand labels from imported rice on reports these are allegedly being employed as manipulation tactics by some industry players to inflate rice prices. In a statement, Agriculture Secretary Francisco Tiu Laurel Jr. cited concerns that some industry players are manipulating the system to raise prices and exploit Filipino consumers. “After conducting a series of market visits, we now have reason to believe that some retailers and traders are intentionally confusing Filipino consumers with branded imports to justify the high prices of rice,” Laurel said. He also ordered the removal of labels like “premium” and “special” on imported rice, noting that these are being used to justify inflated prices. The agriculture chief, however, maintained that locally-produced rice would be exempted from this rule to protect Filipino farmers and traders. “Importing rice is not a right but a privilege [...] If traders are unwilling to follow our regulations, we will withhold permits for rice importation,” Laurel said. The agency said data gathered from retailers, traders, and importers suggest that a markup of P6 to P8 per kilo from the landed cost of imported rice is enough to profitably sustain the operations of all parties involved in the supply chain. Meanwhile, Laurel said the agency is also considering several measures to tackle rice price volatility. This includes declaring a food security emergency under the amended Rice Tariffication Law (RTL), which would allow the release of buffer stocks from the National Food Authority (NFA) to stabilize prices. Laurel said he is also exploring the option of allowing government corporations like Food Terminal Inc., to import significant quantities of rice to compete directly with private importers. He also ordered the DA legal division to study if provisions of the Consumer Price Act could be activated to deal with seeming acts of profiteering. The agriculture chief, meanwhile, suggested enlisting the Department of Finance, particularly the Bureau of Internal Revenue (BIR), to audit the financial records of rice traders to ensure compliance with fair pricing practices. The Department of Trade and Industry (DTI) could assist in monitoring the prices of the food staple in markets and groceries, he said. The price of imported well-milled and regular milled rice in selected Metro Manila markets stood at P40 to P56 per kilo and P45, respectively, based on the DA’s latest price monitoring report. For special and premium, the price ranged between P54 to P64 per kilo and P52 to P60 per kilo, the DA report showed.Gus Malzahn is leaving his post as UCF's head coach to reunite with Florida State coach Mike Norvell as the Seminoles' offensive coordinator, ESPN reported on Saturday. Norvell, who served as a graduate assistant under Malzahn at Tulsa in 2007-08, relinquished his role as FSU's primary playcaller amid a staff shakeup this season. Florida State, 1-7 in the Athletic Coast Conference this season, entered Saturday's season finale against Florida at 2-9 and ranked No. 131 in the nation in total offense. UCF also endured a tough 2024 season, going 4-8 after losing eight of its last nine games. During Malzahn's four-year tenure, the Knights went 28-24, including 5-13 in the Big 12 Conference the last two seasons. Malzahn, 59, is 105-62 in 13 seasons as a college head coach, highlighted by a 68-35 mark in eight seasons at Auburn -- which included a BCS title game appearance in 2013. He served as offensive coordinator and playcaller when the Tigers won the national title in 2010. Malzahn will be tasked with revitalizing a Florida State offense that helped produce a 13-1 campaign in 2023, when the Seminoles were denied a spot in the College Football Playoff. Over the last three seasons at UCF, his rushing attack has been in the Top 10 in the nation. In his 19 seasons as a college head coach or offensive coordinator, Malzahn's teams have averaged 447.7 yards per game, and three of his teams eclipsed 7,000 yards in a season. --Field Level Media

THE Department of Agriculture (DA) is mulling over the removal of brand labels from imported rice on reports these are allegedly being employed as manipulation tactics by some industry players to inflate rice prices. In a statement, Agriculture Secretary Francisco Tiu Laurel Jr. cited concerns that some industry players are manipulating the system to raise prices and exploit Filipino consumers. “After conducting a series of market visits, we now have reason to believe that some retailers and traders are intentionally confusing Filipino consumers with branded imports to justify the high prices of rice,” Laurel said. He also ordered the removal of labels like “premium” and “special” on imported rice, noting that these are being used to justify inflated prices. The agriculture chief, however, maintained that locally-produced rice would be exempted from this rule to protect Filipino farmers and traders. “Importing rice is not a right but a privilege [...] If traders are unwilling to follow our regulations, we will withhold permits for rice importation,” Laurel said. The agency said data gathered from retailers, traders, and importers suggest that a markup of P6 to P8 per kilo from the landed cost of imported rice is enough to profitably sustain the operations of all parties involved in the supply chain. Meanwhile, Laurel said the agency is also considering several measures to tackle rice price volatility. This includes declaring a food security emergency under the amended Rice Tariffication Law (RTL), which would allow the release of buffer stocks from the National Food Authority (NFA) to stabilize prices. Laurel said he is also exploring the option of allowing government corporations like Food Terminal Inc., to import significant quantities of rice to compete directly with private importers. He also ordered the DA legal division to study if provisions of the Consumer Price Act could be activated to deal with seeming acts of profiteering. The agriculture chief, meanwhile, suggested enlisting the Department of Finance, particularly the Bureau of Internal Revenue (BIR), to audit the financial records of rice traders to ensure compliance with fair pricing practices. The Department of Trade and Industry (DTI) could assist in monitoring the prices of the food staple in markets and groceries, he said. The price of imported well-milled and regular milled rice in selected Metro Manila markets stood at P40 to P56 per kilo and P45, respectively, based on the DA’s latest price monitoring report. For special and premium, the price ranged between P54 to P64 per kilo and P52 to P60 per kilo, the DA report showed.

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