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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

‘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

P25/kilo rice reaches more households in NegOcc

P25/kilo rice reaches more households in NegOcc.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Government urged: Study PUV modernization program more amid consolidation extension

Government urged: Study PUV modernization program more amid consolidation extension.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Gen Z more into buy now, pay later schemes – survey

The use of buy now, pay later (BNPL) services is on the rise in the Philippines, with the biggest increase observed among Gen Z consumers, according to a study from global information and insights company TransUnion......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

4 Reasons Why Small Families Should Buy a Condo

Investing in a condo with a great location is a tempting offer, and this becomes more so with small families who are considering moving to the Meyer Blue condo. Here are four compelling reasons for small families and couples to move into one as soon as they can. The View An excellent view of the […] The post 4 Reasons Why Small Families Should Buy a Condo appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsMar 31st, 2024

More Pinoys do buy now, pay later transactions

Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Rice inventory drops to 17-month low

The country’s rice stocks in February fell to their lowest level in more than a year despite higher imports recorded at the start of the year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Philippines to import more rice – USDA

The United States Department of Agriculture (USDA) hiked its rice import forecast for the Philippines to 3.9 million metric tons this year, driven by bigger purchases from Vietnam......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Must-try: Greenwich’s Indulgent Savory Roast Beef Selection

There’s no need to wait for special occasions to get roast beef. Indulging in roast beef cravings is now easier with Greenwich’s Roast Beef & Cream Cheese Overload® Pizza. And for days when you want rice with roast beef, Greenwich’s introduces the Roast Beef Pizza-Rice Bakes—made more filling and delicious with Crunchy Chicken. Enjoy a […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

Cebu City buy-bust: 3 men nabbed in Kamputhaw drug den

CEBU CITY, Philippines – With the help of concerned citizens, another drug den was dismantled and three suspects were arrested during a buy-bust operation in Sitio Lupa, Brgy. Kamputhaw in Cebu City on Friday afternoon, May 17. The drug bust happened at around 4:50 p.m. and resulted to the seizure of over P100,000 worth of.....»»

Category: newsSource:  inquirerRelated NewsMay 18th, 2024

PDEA nabs 4 in Bataan buy-bust

PDEA nabs 4 in Bataan buy-bust.....»»

Category: newsSource:  sunstarRelated NewsMay 17th, 2024

P3.5 million shabu seized in Lahug buy-bust

P3.5 million shabu seized in Lahug buy-bust.....»»

Category: newsSource:  sunstarRelated NewsMay 17th, 2024