Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The implications of the Philippine's gross domestic product (GDP) performance in 2024 has emboldened Albay 2nd district Rep. Joey Salceda as to the importance of the House...
Motorists face a mixed fuel price adjustment in the first week of February, as gasoline is projected to increase while diesel and kerosene are forecast to decrease. Based on the four-day trading Means of Platts Singapore (MOPS) and the effects of the Lunar New Year festivities, gasoline may...
Philippine industry groups are calling on the Marcos administration to reconsider the Sugar Regulatory Administration’s (SRA) order imposing permits and fees for importing sugar alternatives, warning that it could trigger high prices in beverages and confectioneries. In a letter to President...
Quezon 1st district Rep. Mark Enverga (left), Marikina City 2nd district Rep. Stella Luz Quimbo (PPAB) Solons blasted the Department of Agriculture (DA) for insisting on the hefty maximum suggested retail price (MSRP) of P58 per kilo...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) Solons comprising the House quinta-committee (quinta-comm) slammed the apparent lack of urgency from the Department of Agriculture (DA), Department of Trade and Industry...
The maximum suggested retail price (MSRP) for imported rice, currently set at P58-per-kilo, will gradually decrease with a potential to go as low as P49 in March if global prices remain stable, according to Agriculture Secretary Francisco Tiu Laurel. The DA implemented the MSRP on Monday, Jan. 20,...
The Department of Agriculture (DA) is currently assessing the rising prices of pork in local markets to determine whether profiteering within the value chain is a contributing factor. DA Secretary Francisco Tiu Laurel noted that pork appears to be dealing with the same issue that led to high prices...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel is optimistic that the planned rollout of affordable rice, with prices ranging from P29 to P45 per kilo, in groceries and convenience stores starting Feb. 15 will help influence the market “to be more reasonable.” Laurel told...
The Department of Agriculture (DA) is urging retailers to comply with the maximum suggested retail price (MSRP) of P58 for imported rice, which took effect on Monday, Jan. 20. On Tuesday, officials of the DA and the Department of Trade and Industry (DA) inspected stalls selling rice at the Trabajo...
The Department of Agriculture (DA) said it is eyeing partnerships with the country’s major retail companies to expand the availability of affordable rice nationwide. In a statement on Thursday, Jan. 23, the DA said this initiative aims to stabilize rice prices and provide greater access for...
(File photo / MANILA BULLETIN) National Security Adviser (NSA) Eduardo Año expressed support for the Department of Agriculture’s (DA) planned move to declare a food security emergency by the end of January due to the rising prices of rice. Año said the country’s food security “is a...
(Ali Vicoy/ File photo/ MANILA BULLETIN) Former Bayan Muna Party-list Rep. Carlos Zarate slammed local oil companies on Monday, Jan. 20 for their imminent "big time" price hike reaching as high as P2.80 per liter on pump fuel prices. "Kala mo...
