Manila, Feb. 16 -- The National Food Authority (NFA) will implement adjustments to rice auction to ensure a faster and more efficient system.

Bidding opened this month for the NFA's third auction of good-quality aging rice stocks, with about 750,000 bags to be released.

The next round of auction may be rolled out by early April following the Holy Week.

In a recent interview, NFA Administrator Larry Lacson said that while they are hoping for a successful bidding, they are still working on measures to improve the processes.

"Ini-improve pa siya until talagang smooth na siya lahat at maraming nakaka-participate (We're still improving it until it's smoother and many will be able to participate)," he said.

At the current pace, the NFA ch...