The National Food Authority (NFA) has begun releasing rice stocks to participating local government units (LGUs), which consumers can purchase for as low as ₱33 per kilo, as part of the agency’s mandate under the food security emergency on rice. During a ceremonial turnover on Wednesday, Feb....
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has underscored the need to keep farmers happy with their earnings amid the National Food Authority's (NFA) plan to sell rice price at P35 per kilo. “Ensuring...
The Department of Agriculture (DA) is set to reduce rice prices under the Rice-for-All (RFA) program, available at Kadiwa ng Pangulo (KNP) stores, effective on Wednesday, Feb. 12. Agriculture Secretary Francisco Tiu Laurel Jr. said on Tuesday that the RFA prices will be lowered by as much as ₱3...
With rice prices on the decline, domestic inflation would ease further this year, according to the think tank Economist Intelligence Unit (EIU). In a Feb. 5 report, EIU regional director for Asia Alex Holmes projected headline inflation in the Philippines to average 2.5 percent this year, lower...
The Department of Agriculture (DA) said the decline in the inflation rate of rice in January is attributed to government interventions to stabilize prices, particularly the tariff cut on the staple food last year. According to the Philippine Statistics Authority (PSA), rice posted a year-on-year...
The National Food Authority (NFA) announced on Tuesday, Feb. 4, that the rice buffer stocks it will disburse as part of the declaration of a food security emergency on rice could be purchased by consumers at ₱35 per kilo as early as this week. The Department of Agriculture (DA) declared the...
The Department of Agriculture (DA) will reduce the maximum suggested retail price (MSRP) of imported rice from ₱58 to ₱55, effective on Wednesday, Feb. 5. The price reduction is part of the DA’s ongoing efforts to stabilize rice prices and alleviate inflationary pressures on basic...
Galing sa Puso (GP) Party-list first nominee Jan Padiernos (GP Party-list) Nueva Ecija's rice production success is so impressive that Galing sa Puso (GP) Party-list wants to replicate it in the entire country through legislation. GP...
The Department of Agriculture (DA) declared on Monday, Feb. 3, a food security emergency on rice as prices for the commodity remain stubbornly high. Agriculture Secretary Francisco Tiu Laurel said the declaration was prompted by the "extraordinary” increase in local rice prices despite the...
Grocery store chain operator MerryMart Grocery Centers Inc. has entered into an agreement with the Department of Agriculture (DA) to sell rice at affordable prices, as low as ₱29 per kilo, in its establishments. DA Secretary Francisco Tiu Laurel signed the Memorandum of Understanding (MOU) for...
The Department of Agriculture (DA) is targeting Tuesday, Feb. 4, for the declaration of a food security emergency for rice amid persistently high prices of the staple Filipino food. Agriculture Secretary Francisco Tiu Laurel said the agency is in receipt of the National Price Coordinating...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The implications of the Philippine's gross domestic product (GDP) performance in 2024 has emboldened Albay 2nd district Rep. Joey Salceda as to the importance of the House...