Malacañang has agreed with calls to Congress to give the National Food Authority (NFA) more power and resources so it can buy 20 percent of local rice and influence its price in the market. Communications Undersecretary Claire Castro (RTVM) "I hope mapag-aralan muli ng Kongreso itong Rice...
Malacañang has assured farmers in Nueva Ecija that the government will keep buying their rice produce, but asked them to wait for their turn as the National Food Authority (NFA) is currently dealing with a long list of farmers. Palace Press Officer and Communications Undersecretary Claire Castro...
Motorists will need to brace themselves as the streak of oil price rollbacks ends. Effective Tuesday, March 25, gasoline prices will increase by ₱1.10 per liter, while diesel and kerosene will go up by ₱0.40 per liter. Shell Pilipinas, Cleanfuel, Seaoil, and Petro Gazz are among the oil...
Citing his work as the country’s former food security secretary who lowered the rice inflation to less than one percent, senatorial candidate Kiko Pangilinan promised to do the same again if elected to the Senate. Senatorial candidate Kiko Pangilinan raises hands with Dumaguete City Mayor...
After a three-week streak of rollbacks, fuel prices may experience a hefty increase at the pump. Based on four-day trading in Mean of Platts Singapore (MOPS), gasoline may climb by around ₱0.60 to as high as ₱1.15 per liter, and diesel could increase by somewhere between ₱0.10 and ₱0.50....
Rice importation was not the reason behind the low price of palay in Cagayan, but the local traders, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said that according to Department of Agriculture (DA) Secretary Francisco Tiu Laurel, the low price of palay...
The streak of oil price rollbacks is going steady for the third straight week. Effective Tuesday, March 18, diesel prices will decrease by ₱0.20 per liter, while kerosene will have a drop of ₱0.40 per liter. Gasoline prices, meanwhile, remain unchanged. These price slashes were announced by...
Fuel prices are down in March, and with St. Patrick's Day ahead, motorists are hoping for a bit of luck with further price drops. Based on the four-day trading in Mean of Platts Singapore (MOPS) and the foreign exchange (forex) average, gasoline may continue to drop by around ₱0.10 to ₱0.40 per...
Motorists will catch a break with another round of oil price rollbacks in the second week of March. Starting Tuesday, March 11, gasoline prices will go down by ₱1.70 per liter, while diesel prices will cut back by ₱0.90 per liter. Kerosene is also set to go down by ₱1.80 per liter. These piso...
Motorists will get another round of price relief in the second week of March. Based on the four-day trading in Mean of Platts Singapore (MOPS) and the forex average, gasoline is anticipated to drop by somewhere around ₱1.40 to ₱1.70 per liter, while diesel could decline by ₱0.70 to ₱1.20....
DA sets MSRP for pork in Metro Manila starting March 10, aiming to lower prices for consumers. The Department of Agriculture (DA) will implement a maximum suggested retail price (MSRP) for pork in wet markets across Metro Manila beginning Monday, March 10, in a bid to lower prices. The MSRP...
The National Food Authority (NFA) is urging farmers to spend more time and effort into drying their harvests, as it emphasized how this could significantly increase their earnings. As the Philippines is transitioning into dry season, farmers are told to take advantage of the blistering weather to...