The Tariff Commission will commence hearings on the proposed reduction in rice tariffs on Friday, Sept. 15. In a notice of public hearing posted on its website, the commission is inviting all interested parties to register their participation before the end of business hours on Thursday, Sept. 14....
ILOILO CITY – The Department of Social Welfare and Development (DSWD)-6 will release an initial P3.75 million in cash aid for small rice retailers in Western Visayas. "We are fast-tracking the processing of the subsidy so that the micro rice retailers will get the aid as soon as possible,” said...
The Department of Budget and Management (DBM) has underscored the government's economic team's complete support for the recent implementation of price control on rice. Budget Secretary Amenah F. Pangandaman said that Executive Order No. 39, which mandates the prices of rice at P41 and P45 per...
The pinch on consumers’ pockets will persist this week as the price of diesel products will rise by P0.40 per liter; while gasoline prices will go up slightly by P0.20 per liter, based on the pricing adjustment advisories of the oil companies. The industry players similarly notified that the...
Finance Secretary Benjamin E. Diokno said the economic managers are standing behind President Marcos' decision to impose rice price ceilings, emphasizing it is a crucial step to fight non-competitive practices and promote a fair market environment. Diokno said the economic team recognized the...
Albay 2nd district Rep. Joey Salceda (left), Quezon 1st district Rep. Wilfrido Mark Enverga (Rep. Salceda's office, Facebook) The unrelenting efforts of President Marcos and House Speaker Martin Romualdez to stabilize local rice prices haven't been lost on ranking...
The economic team of President Marcos was caught off guard when the announcement of a price ceiling on rice was made public on Aug. 31, a Cabinet official confirmed. While in Tokyo for meetings with Japanese ministers, Finance Secretary Benjamin E. Diokno disclosed that the economic managers were...
The Department of Finance (DOF) said the government may lower rice tariffs once Congress adjourns by the end of this month. Finance Secretary Benjamin E. Diokno said the economic team recommended a temporary decrease in the current 35 percent rice import tariff rates to address the rising prices of...
The government is set to hold another round of cash payouts in Metro Manila and Zamboanga del Sur on Monday, Sept. 11, as part of the Marcos administration's efforts to assist small rice retailers affected by the nationwide price ceilings. CASH GRANT — Department of Social Welfare and...
Ako Bicol Party-list Rep. Zaldy Co (Facebook) With the country’s rice price situation still tenuous at best, Ako Bicol Party-list Rep. Zaldy Co pitched on Sunday, Sept. 10 a "contract growing" scheme between the government and local farmers. Co,...
The Department of Agriculture (DA)-2 inspected markets in Cagayan Valley or Region 2 to check compliance with the rice price cap under Executive Order No. 39 issued by President Ferdinand R. Marcos Jr. DA-2 Director Rose Mary Aquino said they, along with the Department of Trade and Industry (DTI),...
The financial agony of consumers will persist on their drive to the gasoline stations again next week, as pump prices will be rising for the 10th week, based on the forecast of the oil companies. As calculated by the industry players, the price of gasoline products will increase by P0.05 to P0.45...
