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) 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...
The Department of Agriculture (DA) expressed optimism that consumers would see lower food prices in the coming months, following the anticipated return of food production and supply to normal levels. During a news forum on Saturday, Jan. 18, DA Assistant Secretary Arnel de Mesa said the agency is...
Metro Retail Stores Group Inc. (MRSGI) is expanding its neighborhood grocery concept by opening new branches and converting existing stores to this format. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it continues to reinforce its presence in the country’s retail sector...
The Department of Agriculture will soon set up Kadiwa stores at the Metro Rail Transit (MRT) and Light Rail Transit (LRT) stations to expand the reach of affordable rice to as many Filipino consumers. DA Assistant Secretary Genevieve Guevarra said MRT and LRT stations are among the areas where the...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family suffered a 19.6 percent drop in net income to P204.7 million in the first nine months of 2024 from P254.6 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the decline in...
Filipinos will have stable access to rice in the coming Christmas season despite the subsequent typhoons that struck the country’s agricultural lands these past weeks, National Irrigation Administration (NIA) Administrator Engr. Eduardo Guillen said. President Ferdinand 'Bongbong' Marcos...
President Marcos ordered the Department of Agriculture (DA) and the National Irrigation Administration (NIA) to expand its P29 rice program and establish more Kadiwa centers across the country. President Ferdinand 'Bongbong' Marcos Jr. (center) meets DA Secretary Francisco Tiu Laurel (2nd...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family reported a 27 percent drop in net income to P100.4 million in the first half of 2024 from P136.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm explained that “despite the...
Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family expanded into the home furnishing and hardware business with the opening of its first Metro Home Improvement store at Marquee Mall, Angeles. In a disclosure to the Philippine Stock Exchange, the firm said this addition marks a...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family registered a 16 percent decline in net income to P50.3 million in the first quarter of 2024 from P60 million of the same period a year ago. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed the lower...
President Marcos said he is not aware that rice is sold at P50 per kilo in Kadiwa Center instead of the usual P29 per kilo. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos reminded that Kadiwa stores should only be selling rice for P29 per kilo, adding the P50 per kilo rice must...
