Consumers’ financial pain would be back at the pumps this week as the price of diesel products will rise by P1.30 per liter, while gasoline products will also escalate by P0.95 per liter, according to the pricing adjustment advisories of the industry players. Kerosene, which is the other...
Filipino consumers will brace for new wave of roller coaster ride of hefty price hikes at the oil pumps next week, with diesel rising by as much as P1.20 to P1.70 per liter, based on the calculation of the oil firms. For gasoline products, this will also increase by P0.85 to P1.35 per liter; while...
The Philippine Statistics Authority (PSA) reported that the average price of well-milled rice dropped in mid-September but still exceeded the government-mandated cap of P45. Based on PSA latest price situationer report, a kilogram of well-milled rice at the national level amounted to an average...
The first ever talk between members of the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) might mitigate oil price fluctuations that have been experienced by the Philippines during the past two years. Department of Foreign Affairs (DFA) Assistant Secretary...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has expressed dismay over the reported involvement of Department of Agriculture (DA) officials in the hoarding of onions and price manipulation of the commodity during the latter...
President Marcos claimed that the recently lifted mandatory price cap nationwide was able to stabilize rice prices, while allowing the government to make successful interventions. President Ferdinand Marcos Jr. hands over a sack of rice to one of the 1,000 beneficiaries of the Pantawid Pamilyang...
“Walang gutom (No hunger).” President Marcos made this promise to the Filipino people as he assured them of enough rice supply after he ordered the lifting of the rice price cap that was supposed to temper the ballooning prices of the staple grain in the market. President Ferdinand Marcos Jr....
A rice vendor at Paco Market in Manila (Photo by Arnold Quizol/Manila Bulletin) The Department of Social Welfare and Development (DSWD) has so far provided cash assistance to at least 19,000 sari-sari store owners and micro rice retailers nationwide. As of Oct. 2, the DSWD distributed P286.26...
President Marcos has lifted the temporary price ceiling on rice starting Wednesday, Oct. 4. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "Well, I think it’s the appropriate time since namimigay tayo ng bigas (since we are giving out rice). Yes, as of today, we are lifting the price...
Farmers and rice retailers may soon breathe a sigh of relief after Bureau of Plant Industry (BPI) Director Gerald Glenn Panganiban said on Tuesday, Oct. 3, that there are now “positive indicators” for the possible lifting of the rice price ceiling. Bureau of Plant Industry (BPI) Director Gerald...
Although the Department of Agriculture (DA) has recommended the lifting of the rice price cap, it is up to President Marcos to decide on it, an official said on Tuesday, Oct. 3. President Ferdinand Marcos Jr. (Photo from the Presidential Communications Office) DA-Bureau of Plant Industry Director...
There was no mention of choosing a new Agriculture Secretary during the sectoral meeting presided over by President Marcos on Tuesday, Oct. 3. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting in Malacañan on Oct. 3 to discuss the recommendation to lift the temporary...
