Consumer price hikes dropped sharply to 2.1 percent in February, marking the lowest rate in five months, according to the Philippine Statistics Authority (PSA). Data from the PSA on Wednesday, March 5, revealed headline inflation slowed significantly from the 2.9 percent rate in January. It...
Quezon 1st district Rep. Wilfrido Mark Enverga (Contributed photo) Heightened price monitoring on rice will help determine who are manipulating the price of Filipino staple food to the detriment of both farmers and consumers. Quezon 1st...
Motorists welcome the month of March with a fresh start and lower prices at the pump. Effective Tuesday, March 4, gasoline prices will decrease by ₱0.90 per liter; diesel, by ₱0.80 per liter; and kerosene, by ₱1.40 per liter. Shell Pilipinas, CleanFuel, PetroGazz, and Seaoil are among the oil...
The National Food Authority (NFA) is appealing to participating local government units (LGUs) to accelerate their procurement of rice stocks as part of the mandate under the food security emergency on rice. In a statement on Friday, Feb. 28, NFA Administrator Larry Lacson called on LGUs to aid the...
House Speaker Martin Romualdez (Speaker’s office) Ensure the affordability of rice for Fillipinos. This was House Speaker Martin Romualdez's challenge Friday, Feb. 28, to candidates vying for public posts in upcoming May 12 mid-term...
March is right around the corner, and the chances of oil price rollbacks are likely. Based on the four-day trading Mean of Platts Singapore (MOPS) and the forex average, gasoline may cut back its prices somewhere around ₱0.80 to ₱1.20 per liter, while diesel could drop by ₱0.70 to ₱1.20 per...
(Ellson Quismorio/ MANILA BULLETIN) Camarines Sur 2nd district Rep. LRay Villafuerte said his province had been chosen as among the initial local government unit (LGU)-partners of the Department of Agriculture (DA) in selling rice priced as...
Former senator Kiko Pangilinan has his eyes on the prize if he regains a Senate seat in the 20th Congress: Bring food prices down akin to what he did when he was food security secretary during the Aquino administration. Senatorial candidate Kiko Pangilinan shares a selfie with Toni Gonzaga...
The maximum suggested retail price (MSRP) for imported rice, currently set at ₱52 per kilo, will be lowered to ₱49 beginning next month, according to Agriculture Secretary Francisco Tiu Laurel. The new price cap to take effect on March 1 marks the first time the MSRP will go below the ₱50...
February is ending on a high note and high fuel prices. Starting Tuesday, Feb. 25, gasoline prices will jump by P0.70 per liter, while diesel is set to increase by P0.40 per liter. Kerosene prices have also climbed by P0.20 per liter. Shell Pilipinas, Clean Fuel, Seaoil, and Caltex are among the...
The Department of Agriculture (DA) is planning to allocate the majority of the pork imports under the 55,000 metric tons (MT) of the minimum access volume (MAV) quota to meat processors—a move aimed at stabilizing prices of processed meat products. In a statement, Agriculture Secretary Francisco...
Fuel prices are expected to see mixed movements next week, with some likely to rise while others fall. Based on the four-day Mean of Platts Singapore (MOPS) and average foreign exchange rate, gasoline prices could rise by ₱0.40 to ₱0.75 per liter, while diesel prices could decrease by...
