The Philippines is mounting an ambitious bid to achieve self-sufficiency in rice within three years as a policy of relying on imports to cover production shortfalls unravels amid tightening global supply and soaring world prices. The government is hoping the Philippines, the world's biggest rice importer, will be able to halt imports by 2010 thanks to a spending spree on irrigation and farm support aimed at boosting production. The country's 2m rice farmers produced only 90 per cent of its requirements during the past seven years, necessitating imports averaging 1.2m tonnes a year.

Philippine fast-food chains are to begin offering half servings of rice in a move to help the government ease demand for the staple and avert a possible shortage with global rice inventories sitting at 25-year lows. Jollibee Foods, the country's biggest restaurant chain, with more than 600 stores, said its operations managers were planning how to implement the plan.Its Chinese fast-food unit, Chowking, is set to offer half portions of rice from April 1. McDonald's is also considering serving half portions in more than 250 stores.