(MANILA BULLETIN) The newly-formed Murang Pagkain Super-committee in the House of Representatives has traced the “biggest agricultural price manipulation case" involving rice--the Filipino staple food--to the previous Duterte administration....
Filipinos do not need to worry about rising extra rice prices, as they are projected to fall due to better global supply, allowing the Bangko Sentral ng Pilipinas (BSP) to speed up the lowering of borrowing costs in the coming months, according to British banking giant HSBC. Aris Dacanay, chief...
Rice prices from earlier this year. (MANILA BULLETIN) President Marcos' allies in the in the House of Representatives are still not giving up on the Chief Executive's dream of achieving P20 per kilo rice. This, after Albay 2nd...
ACT-CIS Party-list Rep. Erwin Tulfo (leftmost), House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has told the importers of the 523 containers full of rice stored at the Bureau of Customs -Manila International...
Inflation in the Philippines is expected by the Asian Development Bank (ADB) to further ease as reduced import tariffs on staple rice and other food products spill over to domestic retail prices, boosting consumption and overall economic growth. The Manila-based ADB's Asian Development Outlook...
Citing current trends in Southeast Asia, President Marcos expressed optimism that rice prices in the country would ease further. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Malacañang said Marcos made the statement during a sectoral meeting on managing food and...
The Department of Agriculture (DA) is confident that there is adequate supply of holiday food staple, such as onions, pork, chicken, beef, and rice, as the country enters the “ber” months. (MB file photo) Speaking at a media forum held in Quezon City, DA Assistant Secretary Arnel...
(MANILA BULLETIN) Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. is expecting the retail prices of rice to significantly go down by October as the reduction on the tariff rate of the staple food takes full effect. Through Executive...
(Unsplash) Albay 2nd district Rep Joey Salceda has always blamed rice prices for past instances of quickened inflation; that's not the case anymore. "It’s no longer rice, rice, rice. It’s corn," the economist-solon said in a...
(Keith Bacongco/MANILA BULLETIN) Speaker Martin Romualdez on Monday, July 22, said the House of Representatives would continue its efforts to support farmers in a bid to increase rice harvest and make the staple more affordable for Filipinos. Romualdez gave...
ILOILO CITY – The Department of Trade and Industry (DTI) is monitoring rice prices in Western Visayas region following a 15 percent tariff reduction early this month. A RICE stall at La Paz Public Market in Iloilo City. (Tara Yap) Grace Benedicto, chief of the DTI-6 Consumer Protection...
The United States Department of Agriculture (USDA) reported that rice traders in the Philippines have been steadily holding onto their stocks after President Marcos’ move to lower import tariffs. In the Grain and Feed Update report dated July 9, USDA noted that rice traders who brought in their...