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Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Consumer groups lament unprecedented rice inflation

The Rice Liberalization Law has been in place for five years. Still, market prices have yet to drop to P25 per kilo, affecting farmers and consumers. The post Consumer groups lament unprecedented rice inflation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 29th, 2024

2024 rice imports hit 570,000 MT

The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Rice imports reach 56,090 metric tons in January

At least 56,090 metric tons (MT) of imported rice have arrived in the country as of Jan. 11, the Bureau of Plant Industry reported......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Group warns of worse hunger as rice prices spike

The watchdog group Bantay Bigas over the weekend warned of an increase in hunger incidence in the country amid the continued spike in retail prices of rice......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Special rice retail prices shoot up to P70/kilo

Retail prices of special rice have reached as high as P70 per kilo amid the continued spike in the cost of the staple......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

As prices increase, farmers demand repeal of Rice Liberalization Law

“Farmers and consumers are demanding the strengthening of the rice industry as a solution to the perennial rice inflation, now nearing an all-time high rate that is expected to continue until July." The post As prices increase, farmers demand repeal of Rice Liberalization Law appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 2024

Bicol rice retail prices hit P75/kilo

Retail prices of rice in Bicol have reached P75 per kilo, according to watchdog group Bantay Bigas......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

P1.4-M worth imported cigarettes seized in Cotabato City

The police will turn over this week to the Bureau of Customs the P1.4 million worth imported cigarettes seized in a nighttime anti-smuggling operation at a riverside barangay here just this weekend......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

100K MT imported galunggong diverted to markets

At least 100,000 metric tons of imported galunggong or round scad were diverted to wet markets during the last nine months, Agriculture Secretary Francisco Tiu Laurel Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

CeMap to DTI: Curb uninspected imported cement in PH

CeMap to DTI: Curb uninspected imported cement in PH.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

P2.7-M worth imported cigarettes seized in Maguindanao del Norte

Vigilant merchants and policemen on Sunday intercepted a truck carrying P2.7 million worth of imported cigarettes in Sultan Kudarat, Maguindanao del Norte......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Phoenix stops buying imported oil

Phoenix Petroleum Philippines Inc. of businessman Dennis Uy has suspended its procurement of imported diesel and gasoline......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Charter change could bring back dictatorship, intensify rights abuses — survivor

For Medy De Jesus, 74, a martial law survivor and member of human rights group Hustisya, the impending charter change could bring back another dictatorship and more human rights violations. The post Charter change could bring back dictatorship, intensify rights abuses — survivor appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

‘Pork prices to go up as DA limits imports’

Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

PhilRice: 95% rice sufficiency by 2028 possible

The Philippines can achieve 95 percent rice sufficiency by 2028 through the use of both hybrid and inbred varieties of palay, the Philippine Rice Research Institute said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Onion prices plunge; DA suspends imports

The Department of Agriculture has ordered the suspension of onion imports as the farmgate price of white onions went down to P18 per kilo amid the flooding of imported bulbs......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

DA allows milk imports from Thailand, Russia, South Korea, Libya

Agriculture Secretary Francisco Tiu Laurel Jr. has allowed the importation of milk and milk products from Thailand, Russia, South Korea and Libya after he had previously ordered a ban on the entry of live cattle and buffalo from the four countries amid the threat of lumpy skin disease......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024