THE BUREAU of Customs (BoC) will auction off on Wednesday some 50,000 sacks of white rice that is 5% broken. In an advisory, the BoC’s Manila International Container Port (MICP) said that it will bid out about 100 50×20’ containers containing the staple grain that arrived on July 24. The bidding will be held 2:00 pm at the MICP building in North Harbor, Manila. Eligible to participate are those who have an updated National Food Authority license. The BoC has said that it will speed up the auction of seized goods in a bid to address supply concerns that made inflation accelerate in recent months. — Elijah Joseph C. Tubayan
