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NFA defends sale of cheap rice; farmers slam ‘mafia’

The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

DSWD: Giving cash more practical than bags of rice

The Department of Social Welfare and Development stands by its position that it is “more practical and efficient” to give the P600/month rice subsidy to beneficiaries of the Pantawid Pamilyang Pilipino Program in cash rather than actual bags of rice......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Rep. Wilbert Lee: P20 per kilo of rice still possible

CEBU CITY, Philippines — The promise of President Ferdinand Marcos Jr. to lower the price of rice to P20 per kilo remains doable if House Bill No. 9020 or the “Cheaper Rice Act” is passed into law, Agri Partylist Representative Wilbert Lee said. Under his proposed bill, Lee said that the government will have to.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

Farmers want tariffication review, cool to rice SRP

Farmers in Central Luzon, considered as the rice granary of the Philippines, are calling for the abolition or review of the Rice Tariffication Law......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

UAAP men’s volleyball: Bulldogs clip Falcons; Blue Eagles sweep Maroons

The National University Bulldogs won their second straight game in the UAAP Season 86 men’s volleyball tournament after scoring a four-setter over the Adamson Soaring Falcons, 25-19, 25-27, 25-21, 25-18, Wednesday at the Smart Araneta Coliseum in Quezon City......»»

Category: sportsSource:  philstarRelated NewsFeb 28th, 2024

EDITORIAL - Restoring NFA powers

Amid sustained high rice prices, the House of Representatives has approved a bill that restores the authority of the National Food Authority to import rice and sell this in the market during a food security emergency......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

EDITORIAL — Rice sufficiency

Once again, rice prices accounted for a substantial percentage of the food-fueled increase in the inflation rate last month......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

Duterte: P20/K rice impossible

There is no way for rice prices to dip to P20 per kilo as promised by President Marcos, according to former president Rodrigo Duterte......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

DA: Rice prices up 36% in a year

A 36 percent spike in the retail price of rice was recorded on March 1, 2024 compared to the same period last year, according to data from the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

March inflation may pick up amid high food prices

Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Oil prices seen to decline again next week

Pump prices for fuel products could decline again next week, as oil prices in the Asian market fell amid favorable global political and economic conditions, according to the Department of Energy......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

Producer prices decline at slower pace in March

Factory gate prices contracted at a slower pace in March from the previous month due mainly to the slower decline in the prices of petroleum products, according to the Philippine Statistics Authority ......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Mixed adjustments in oil prices today

Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?.....»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Presyo Merkado: Current prices of food in Metro Cebu markets

Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»

Category: newsSource:  inquirerRelated NewsApr 11th, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Factory gate prices decline in January

Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

Oil Prices Set to Drop After 5 Weeks of Increases

Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Flower prices seen to increase ahead of Valentine’s Day

According to some vendors, flower prices might double or triple next week, citing the anticipated high demand and steep prices of suppliers......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024