Farmers' group Kilusang Magbubukid ng Pilipinas (KMP) on Tuesday, Nov. 7 responded to the recent statement of the newly assigned Department of Agriculture (DA) Secretary Francisco Laurel Jr. on the "inability" of the country to lower down prices of rice to P20 per kilogram in 2023. (Noel...
Filipino consumers finally received some relief from the persistent price increases they had been facing since the start of the year, as the government's report highlighted a significant slowdown in the inflation of food prices. The latest inflation report released by the Philippine...
The country registered a slowdown in consumer price inflation in October, but the persistent struggle with high living costs remains a pressing concern for many Filipino consumers. The Philippine Statistics Authority (PSA) reported on Tuesday, Nov. 7, that the inflation rate eased to 4.9 percent,...
It’s a week of financial relief on consumers’ pockets as prices at the gasoline stations will be on rollback, based on the pricing adjustment advisories of the oil companies. The industry players announced that the price of diesel will have a relatively hefty cutback of P1.10 per liter; while...
Happy driving days will continue for Filipino consumers next week as oil prices will continue to track downtrend at the domestic pumps, according to the calculation of the oil companies. Based on the estimates of the industry players, the price of diesel in particular will have a heftier rollback...
Control the rising prices of agricultural commodities. President Ferdinand 'Bongbong' Marcos Jr. talks with new DA Secretary Francisco Tui Laurel Jr. following his appointment on Nov. 3, 2023.(Noel Pabalate) This was President Marcos' marching order to new Department of Agriculture (DA) Secretary...
Liquefied petroleum gas (LPG) prices have gone up again in November, marking the fourth straight month of increases. Regasco, Petron, and Solane, leading players in the industry, have all announced higher prices for their LPG products. Regasco raised its LPG prices by P0.50 per kilo, while...
The pace of price increases at retail stores in Metro Manila slowed in September, the Philippine Statistics Authority (PSA) reported. Prices in the National Capital Region (NCR), as measured by the general retail price index (GRPI), increased by 3.6 percent year-on-year, down from 3.9 percent in...
Long holiday-propped driving will bring forth both cheers and misery to the consumers given the mixed price adjustments that will be implemented at the domestic pumps this week. Based on the announcements of the oil companies, the price of diesel will have a substantial rollback of P1.25 per liter;...
There will be mixed bag of adjustments that will greet consumers at the pumps next week, as the price of diesel and kerosene products will be on substantial rollback; while gasoline prices will have slight uptrend, based on the calculation of the oil companies. According to the estimates of the...
SAGIP Party-list Rep. Rodante Marcoleta (leftmos)(Facebook) SAGIP Party-list Rep. Rodante Marcoleta was able to sell good quality rice at just P35 per kilo to lucky consumers in Capas, Tarlac earlier this month. A Facebook post from Marcoleta last Oct. 16 boasted that...
Revenues from petroleum products showed no significant growth in the first half of the year, largely due to a decline in value-added tax (VAT) collection, the Development Budget Coordination Committee (DBCC) reported. Based on the DBCC's 2023 mid-year report, the Bureau of Customs collected...
