The Philippine Statistics Authority (PSA) reported that rice and corn production is expected to decrease in the third quarter of this year. As of May, palay or rice production is estimated to drop by 8.4 percent to 3.89 million metric tons between April and June from 4.25 million MT in the same...
Factory output posted a positive annual growth in April due to strong production of food and refined petroleum products, the Philippine Statistics Authority (PSA) reported Friday, June 7. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA said the country's volume of...
The Department of Agriculture (DA) said it is committed to its goal of producing 20.44 million metric tons of palay this year despite the impact of El Nino. In a statement, Agriculture Undersecretary Chris Morales said that they are optimistic about achieving this target, especially with the...
The rollercoaster ride on oil price adjustments will have favorable turn for gasoline users this week, as the price of this commodity will be on rollback, based on the estimates of the industry players; while diesel and kerosene will track price uptrend. According to the oil companies, the price of...
As palay production declined by 0.3 percent in the first three months of this year, an economist from the University of Santo Tomas (UST) shared how technological advances can procure a steady and high rice output for the future. In recent data from the Philippine Statistics Authority (PSA), the...
The value of production in agriculture and fisheries reached P1.76 trillion last year, with Central Luzon contributing the largest share among regions, data from the Philippine Statistics Authority (PSA) showed. However, this was slightly lower compared to the P1.77 trillion output recorded in...
In pursuance of solar-powered irrigation, the Department of Agriculture (DA) believes that diversifying irrigation other than rice use would increase the take-home pay of farmers. During a press briefing with the delegates of the DA, Department of Trade and Industry (DTI), and the Department of...
House Speaker Martin Romualdez (Speaker’s office) A historic rice harvest. That's how House Speaker Martin Romualdez described the country’s 20-million metric ton (MT) rice production for 2023, which was a 1.5 percent increase from the previous...
The government should intervene to control rising rice prices and consider importing more of the staple food, an economist at the University of Santo Tomas (UST) suggested. Carlos Manapat, chairperson of the UST's economics department, proposed two effective strategies that the government can...
The Marcos administration plans to expand the distribution of solar-powered irrigation systems, aiming to provide a consistent water supply to an additional 180,000 hectares of rice paddies, the Department of Agriculture (DA) said. In a statement Saturday, Feb. 3, the DA said that President Marcos...
The Philippines has produced a record-high 20 million metric tons of rice in 2023, beating by 1.5 percent the country’s rice production in the same period in 2022, President Marcos said on Saturday, Feb. 3. President Ferdinand 'Bongbong' Marcos Jr. (Photo from the Presidential Communications...
As the El Niño phenomenon persisted, the Department of Agriculture (DA) reported additional rice damage in parts of Western Visayas and Zamboanga during the early months of the year. The DA-Disaster Risk Reduction Management (DA-DRRM) said that some rice fields suffered P109 million losses by...
