It’s another stressful week at the pumps, as oil prices rise by over ₱1 again. Effective Tuesday, April 1, gasoline prices will increase by ₱1.40 per liter, while diesel and kerosene will be up by ₱1.20 per liter. Shell Pilipinas, Cleanfuel, Seaoil, Petro Gazz, and Caltex are among the oil...
Motorists may face higher fuel prices at the start of April, requiring them to tighten their belts once again. Based on the four-day trading in Mean of Platts Singapore (MOPS), gasoline could increase by around ₱0.80 to ₱1.35 per liter, while diesel could spike by around ₱0.75 to ₱1.25....
Former senator and senatorial candidate Kiko Pangilinan is calling on the national government to intervene and allow the National Food Authority (NFA) to unload its warehouses and release overstock rice to bring down the prices of rice in the market, while another Senate bet Bam Aquino promised to...
The maximum suggested retail price (MSRP) for imported rice will be lowered from ₱49 per kilo to ₱45 beginning March 31, according to Agriculture Secretary Francisco Tiu Laurel. In a statement, Laurel said the MSRP was reduced following the continued decline in global rice prices. “At...
Malacañang has agreed with calls to Congress to give the National Food Authority (NFA) more power and resources so it can buy 20 percent of local rice and influence its price in the market. Communications Undersecretary Claire Castro (RTVM) "I hope mapag-aralan muli ng Kongreso itong Rice...
Malacañang has assured farmers in Nueva Ecija that the government will keep buying their rice produce, but asked them to wait for their turn as the National Food Authority (NFA) is currently dealing with a long list of farmers. Palace Press Officer and Communications Undersecretary Claire Castro...
Motorists will need to brace themselves as the streak of oil price rollbacks ends. Effective Tuesday, March 25, gasoline prices will increase by ₱1.10 per liter, while diesel and kerosene will go up by ₱0.40 per liter. Shell Pilipinas, Cleanfuel, Seaoil, and Petro Gazz are among the oil...
Citing his work as the country’s former food security secretary who lowered the rice inflation to less than one percent, senatorial candidate Kiko Pangilinan promised to do the same again if elected to the Senate. Senatorial candidate Kiko Pangilinan raises hands with Dumaguete City Mayor...
After a three-week streak of rollbacks, fuel prices may experience a hefty increase at the pump. Based on four-day trading in Mean of Platts Singapore (MOPS), gasoline may climb by around ₱0.60 to as high as ₱1.15 per liter, and diesel could increase by somewhere between ₱0.10 and ₱0.50....
Rice importation was not the reason behind the low price of palay in Cagayan, but the local traders, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said that according to Department of Agriculture (DA) Secretary Francisco Tiu Laurel, the low price of palay...
The streak of oil price rollbacks is going steady for the third straight week. Effective Tuesday, March 18, diesel prices will decrease by ₱0.20 per liter, while kerosene will have a drop of ₱0.40 per liter. Gasoline prices, meanwhile, remain unchanged. These price slashes were announced by...
Fuel prices are down in March, and with St. Patrick's Day ahead, motorists are hoping for a bit of luck with further price drops. Based on the four-day trading in Mean of Platts Singapore (MOPS) and the foreign exchange (forex) average, gasoline may continue to drop by around ₱0.10 to ₱0.40 per...
