Quezon 1st district Rep. Wilfrido Mark Enverga (Contributed photo) Heightened price monitoring on rice will help determine who are manipulating the price of Filipino staple food to the detriment of both farmers and consumers. Quezon 1st...
The National Food Authority (NFA) is appealing to participating local government units (LGUs) to accelerate their procurement of rice stocks as part of the mandate under the food security emergency on rice. In a statement on Friday, Feb. 28, NFA Administrator Larry Lacson called on LGUs to aid the...
House Speaker Martin Romualdez (Speaker’s office) Ensure the affordability of rice for Fillipinos. This was House Speaker Martin Romualdez's challenge Friday, Feb. 28, to candidates vying for public posts in upcoming May 12 mid-term...
(Ellson Quismorio/ MANILA BULLETIN) Camarines Sur 2nd district Rep. LRay Villafuerte said his province had been chosen as among the initial local government unit (LGU)-partners of the Department of Agriculture (DA) in selling rice priced as...
The maximum suggested retail price (MSRP) for imported rice, currently set at ₱52 per kilo, will be lowered to ₱49 beginning next month, according to Agriculture Secretary Francisco Tiu Laurel. The new price cap to take effect on March 1 marks the first time the MSRP will go below the ₱50...
The National Food Authority (NFA) has begun releasing rice stocks to participating local government units (LGUs), which consumers can purchase for as low as ₱33 per kilo, as part of the agency’s mandate under the food security emergency on rice. During a ceremonial turnover on Wednesday, Feb....
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has underscored the need to keep farmers happy with their earnings amid the National Food Authority's (NFA) plan to sell rice price at P35 per kilo. “Ensuring...
The Department of Agriculture (DA) is set to reduce rice prices under the Rice-for-All (RFA) program, available at Kadiwa ng Pangulo (KNP) stores, effective on Wednesday, Feb. 12. Agriculture Secretary Francisco Tiu Laurel Jr. said on Tuesday that the RFA prices will be lowered by as much as ₱3...
With rice prices on the decline, domestic inflation would ease further this year, according to the think tank Economist Intelligence Unit (EIU). In a Feb. 5 report, EIU regional director for Asia Alex Holmes projected headline inflation in the Philippines to average 2.5 percent this year, lower...
The Department of Agriculture (DA) said the decline in the inflation rate of rice in January is attributed to government interventions to stabilize prices, particularly the tariff cut on the staple food last year. According to the Philippine Statistics Authority (PSA), rice posted a year-on-year...
The National Food Authority (NFA) announced on Tuesday, Feb. 4, that the rice buffer stocks it will disburse as part of the declaration of a food security emergency on rice could be purchased by consumers at ₱35 per kilo as early as this week. The Department of Agriculture (DA) declared the...
The Department of Agriculture (DA) will reduce the maximum suggested retail price (MSRP) of imported rice from ₱58 to ₱55, effective on Wednesday, Feb. 5. The price reduction is part of the DA’s ongoing efforts to stabilize rice prices and alleviate inflationary pressures on basic...