MANILA, Philippines - The world's biggest rice importer, the Philippines, is now "swimming" in the staple grain because of massive imports by the previous government that drove world prices to record highs and possibly enriched corrupt officials. With government-run warehouses full and some flood-damaged rice stocks rotting, the National Food Authority, the state-run grain importer, has stopped new import orders for this year and asked Vietnam to delay its shipments until September, the agency's...
Full Story: Herald Tribune
