The government does not see another implementation of a price ceiling on rice this year as it bids to increase the country’s farm output to tame inflation, Finance Secretary Ralph G. Recto said Wednesday.Recto, however, also acknowledged the possibility of supply disruptions due to external...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez says he won't think twice about recommending another rice price cap to President Marcos should the situation need it. “We will continue to monitor the prices of rice and other...
The Department of Social Welfare and Development's (DSWD) distribution of financial assistance for small rice retailers and sari-sari store owners has ended on Oct. 20.“A total of 26,266 micro-retailers and sari-sari store owners benefitted from the SLP (Sustainable Livelihood Program) receiving a...
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...
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 million...
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 caps...
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 price...
EMBARGOED UNTIL MONDAY, OCT. 2 12:00AMThe Department of Finance (DOF) said the Marcos administration will review the enforcement of rice price ceilings this week, taking into account the start of the harvest season to determine if the price controls should be lifted.Finance Secretary Benjamin E....
