Senator Cynthia A. Villar asked the Department of Agriculture (DA) on Monday, Oct. 21, to allocate P7 billion to finance the Rice Competitiveness Enhancement Fund (RCEF) under the proposed 2025 national budget. Sen. Cynthia A. Villar asks the Department of Agriculture (DA) to allocate P7-billion to...
ZAMBOANGA CITY -- Rice for P29 per kilo was sold on Wednesday, Oct. 16, at the Kadiwa sa NIA: Tabo-An at the National Irrigation Administration Zambasulta Regional Sub-Office here. RICE for P29 a kilo was sold by the government in Zamboanga City. The activity with the theme “Suporta con de...
The Philippine Statistics Authority (PSA) said the estimated palay production may decline in the third quarter, while corn output is expected to increase. Based on the PSA’s latest production estimates for the July to September 2024 quarter palay production is expected to fall by 12 percent to...
By Derco Rosal The Philippine Statistics Authority (PSA) reported that rice and corn stocks continued to decline in September this year due to storm damage and lower global prices. In September, rice stock levels dropped by 11.2 percent compared to the previous month, which recorded 1.87...
The Bureau of Customs (BOC) has reported a decline in revenue collection due to reduced tariffs on rice and zero-import duties on electric vehicles (EVs). According to the BOC, these policy adjustments have resulted in a combined revenue loss of nearly P9 billion in the first nine months of 2024....
The Philippines is poised to be the world's top rice importer for the third-straight year as local harvest falls short, according to the United States Department of Agriculture (USDA). The USDA-Foreign Agricultural Service's (FAS) latest "Grain: World Markets and Trade" report on Oct. 11 hiked...
In a remarkable achievement, Mang Inasal has emerged as the only restaurant brand from the Philippines to receive honors at the prestigious 21st International Business Awards (IBA), held recently at the InterContinental Istanbul, Turkey. Recognized for its groundbreaking marketing...
Filipinos do not need to worry about rising extra rice prices, as they are projected to fall due to better global supply, allowing the Bangko Sentral ng Pilipinas (BSP) to speed up the lowering of borrowing costs in the coming months, according to British banking giant HSBC. Aris Dacanay, chief...
Rice prices from earlier this year. (MANILA BULLETIN) President Marcos' allies in the in the House of Representatives are still not giving up on the Chief Executive's dream of achieving P20 per kilo rice. This, after Albay 2nd...
TACLOBAN CITY – The provincial government has partnered with TAO Corp. to focus on a large-scale project to increase rice production in Northern Samar province. TAO Corp. has identified 500 hectares of potential land for rice production, particularly in the municipalities of Laoang,...
ACT-CIS Party-list Rep. Erwin Tulfo (leftmost), House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has told the importers of the 523 containers full of rice stored at the Bureau of Customs -Manila International...
Inflation in the Philippines is expected by the Asian Development Bank (ADB) to further ease as reduced import tariffs on staple rice and other food products spill over to domestic retail prices, boosting consumption and overall economic growth. The Manila-based ADB's Asian Development Outlook...
