Senatorial candidate Kiko Pangilinan said the Department of Agriculture’s proposal to establish a floor price for palay was a necessary step to protect Filipino rice farmers and address the country’s deepening food crisis. “Matagal na nating panawagan ito: siguruhing may sapat na kita ang mga...
Motorists can expect a significant relief at the pump, with analysts projecting the year’s first ₱3 rollback in fuel prices. Based on the four-day trading average of the Mean of Platts Singapore (MOPS), gasoline is anticipated to drop by around ₱3.30 to ₱4 per liter, while diesel could get...
Motorists can expect a slight reprieve this week, as fuel prices are set to ease. Beginning Tuesday, April 8, gasoline will see a modest decrease of ₱0.10 per liter, while diesel prices will remain unchanged. Kerosene is also slated for a ₱0.50-per-liter reduction. Oil companies, including...
Another round of oil price pain is looming over the second week of April. Based on the four-day trading Mean of Platts Singapore (MOPS), gasoline prices may increase by somewhere around ₱0.30 to ₱0.70 per liter, while diesel could spike by somewhere between ₱0.20 and ₱0.70 per liter. On the...
Albay 2nd district Rep. Joey Salceda (PPAB) The key to maintain the current inflation slowdown is to keep an eye on meat prices. Thus, said economist-solon Albay 2nd district Rep. Joey Salceda, who reckoned on Friday, April 4 that the...
(MANILA BULLETIN) House Speaker Martin Romualdez has called the slower inflation posted in March as a "welcome development", especially with food prices continuing to drop. “This is a welcome development. As I have been saying, this shows...
Annual consumer price increases slowed further to 1.8 percent in March 2025, down from 2.1 percent in February, as food price hikes eased mainly due to lower rice prices, the Philippine Statistics Authority (PSA) reported. March inflation was the slowest in nearly five years, or since May 2020—at...
The Department of Agriculture (DA) is considering the amendment of the minimum access volume (MAV) for imported pork, whose rules were allegedly exploited by a few accredited exporters. Agriculture Secretary Francisco Tiu Laurel said MAV rules, written in 1996, necessitate a revision to keep...
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...
