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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

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

‘Rice retail prices down by P2/kilo’

The retail prices of rice decreased by P2 per kilo as well-milled rice went down to P52 per kilo compared to the previous P54 per kilo, according to farmers’ group Samahang Industriya ng Agrikultura......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 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

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 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

NFA fails to meet palay procurement target in February

The National Food Authority continues to struggle in beefing up its rice buffer stock as its buying price remains uncompetitive against private traders, worsened by lesser harvest in February......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Farmers, fishers demand immediate relief for El Niño impacts

“NFA should release the rice from warehouses and distribute it to farmers and fishermen who lost their income due to El Niño instead of making a profit and selling to private traders. Many are already complaining of hunger and loss, so the distribution of aid and compensation should be stepped up." The post Farmers, fishers demand immediate relief for El Niño impacts appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 5th, 2024

NFA mulls hike in selling price

The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Axelum turns around in Q1 on higher sales

Higher sales helped Axelum Resources Corp. post a positive turnaround in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit

Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»

Category: newsSource:  sunstarRelated NewsMay 11th, 2024

Alveo reservation sales reach record high in Q1

Alveo Land, the brand for upscale properties of real estate developer Ayala Land, is off to a good start this year with record high reservation sales in the first quarte.....»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Lower March sales pull down Wilcon earnings in Q1

Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Meralco expects higher sales in Q2

Manila Electric Co. (Meralco) expects its sales to grow by six to eight percent from April to June, according to chief commercial officer Ferdinand Geluz......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Panaad 2024: Cadiz City sales drop by 46%

Panaad 2024: Cadiz City sales drop by 46%.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Weakened purchasing power causes 20% drop in Panaad Festival sales

Weakened purchasing power causes 20% drop in Panaad Festival sales.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Panaad Festival 2-day sales generate P4.4M

Panaad Festival 2-day sales generate P4.4M.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Lawmaker proposes discounted fuel sales for public transport sector

Lawmaker proposes discounted fuel sales for public transport sector.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

Balai income up in 2023 on strong sales

Listed bakery operator Balai ni Fruitas Inc. saw its earnings expand by more than half in 2023 as sales sizzled during the year......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024