The Philippine Statistics Authority (PSA) reported price hikes for several commodities like rice and cooking oil in the early days of April. The PSA said the average retail price of a kilogram of regular milled rice increased to P51.39 between April 1 and 5, from the previous month's prices of...
To enhance farm productivity and the agricultural sector, the Department of Agriculture (DA) is considering extending and enhancing the Rice Competitiveness Enhancement Fund (RCEF). Agriculture Secretary Francisco P. Tiu Laurel, Jr. told reporters that they are finalizing proposals to refine the...
The pioneering study of UA&P economists who tried to measure through the input-output method the impact of the ride-hailing and on-demand delivery on the Philippine economy (focusing on the case of Grab PH) take on special significance with the report by Statista, a data provider, that...
(MANILA BULLETIN) “Rice is good, but cash is better." House Minority Leader 4Ps Party-list Rep. Marcelino “Nonoy” Libanan had this to say as he prodded the government to keep on distributing the P600 monthly rice subsidy to Pantawid...
The Department of Agriculture (DA) and the National Food Authority (NFA) recently announced price adjustment for palay to boost farmer competitiveness. Agriculture Assistant Secretary and Spokesperson Arnel de Mesa said on Thursday, April 11, that the new buying price will range from P23 to...
Albay 2nd district Rep. Joey Salceda (MANILA BULLETIN) Prices of rice--the country’s staple grain--are so impactful that they actually affect the quality of jobs available to Filipinos. Thus, said economist-solon Albay 2nd district...
(Ellson Quismorio/ MANILA BULLETIN) Noting that El Niño could have "devastating" effects on local agriculture--particularly on rice supply--Senator Sherwin Gatchalian has asked the government to fast-track the delivery of financial support...
The Philippine Statistics Authority (PSA) reported a decrease in the country's total rice stock inventory for March, coinciding with the onset of the El Niño peak. The overall rice inventory declined by three percent to 1.37 million metric tons as of March 1, down from 1.41 million metric tons...
House Speaker Martin Romualdez (Speaker’s office) “Saan man kayo, aabutin kayo ng ating pamahalaan (Wherever you are, our government will reach you).” House Speaker Martin Romualdez gave this remark as he reaffirmed President Marcos’ commitment to...
An economist has cast doubt on the possibility of rice prices falling to P20 per kilo, citing the disruptive effects of persistent extreme weather events like El Niño on agricultural yields as factors that make such a price reduction improbable. Carlos Manapat, chair of the economics department at...
Albay 2nd district Rep. Joey Salceda (Ellson Quismorio/ MANILA BULLETIN) The Philippines continues to feel the effects of the "abnormal" price of rice in global market, thus the higher inflation rate this past month. Economist-solon...
Dinorado, sinandomeng, and other varieties in the market may soon have a healthier form as the International Rice Research Institute (IRRI) is developing a new rice variant that could lower the risk of developing diabetes, as well as lessen the demand for unlimited rice strategies in food...
