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DA working double time to increase rice production at lower cost amid inflation

The Department of Agriculture promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice......»»

Category: financeSource:  philstarRelated NewsApr 6th, 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

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

Philippines to sign 5-year rice deal with Vietnam

The Philippines is expected to forge a five-year rice deal with Vietnam during President Marcos’ state visit later this month to ensure stable supply even during calamities, Agriculture Secretary Francisco Tiu Laurel Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

New facility to cut IRRI rice breeding process to 2 years

Rice breeding at the International Rice Research Institute could be as fast as two years compared to conventional breeding that takes a decade once its new facility operates, an official said......»»

Category: financeSource:  philstarRelated NewsMar 30th, 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

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

‘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

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

BIR delays 1 percent withholding tax on online sellers

The Bureau of Internal Revenue has deferred the imposition of the one percent withholding tax on online platform providers to mid-July instead of mid-April to allow adjustments among taxpayers......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

2GO powers logistics needs of online sellers in Centarl Luzon

2GO, the logistics and solutions company of the SM Group, has partnered with the Department of Trade and Industry (DTI) to help online entrepreneurs in Central Luzon move their products across the country......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Philippines’ estimated rice imports rise by 100,000 MT — USDA

In a data report released on Friday, the USDA has increased its estimates for Philippine rice imports in 2024 to 3.9 million MT, higher than the 3.8 MT million forecast last January. .....»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Biz Bureau surpasses 43-K permit renewals

The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Traslacion in CDO: from 110,000 last year to only 18,000 devotees this year 

CAGAYAN DE ORO (MindaNews / 11 January) –  A parish priest here blamed tight police security for the sharp drop in attendance during the Traslacion or the procession of the Black Nazarene here last Tuesday, with only 18,000 attendees compared with last year’s 110,000.  Monsignor Rey Monsanto, parish priest of Our Lady Fatima Parish in Barangay […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

EAM Jaishankar speaks to US State Secy Blinken, two leaders share concern over growing tensions in Red Sea

Washington, DC [US], January 12 (ANI): External Affairs Minister S Jaishankar on Thursday spoke with US Secretary of State Anthony Blinken, State Department spokesperson Matthew Miller informed on Thursday, adding that the two leaders discussed the recent attacks on merchant ships by the Yemen-backed Houthi groups in the Red Sea. The two leaders also reaffirmed their maritime cooperation in the region, the State Departmen.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

EAM Jaishankar speaks to US State Secy Blinken, two leaders share concern over growing tensions in Red Sea

Washington, DC [US], January 12 (ANI): External Affairs Minister S Jaishankar on Thursday spoke with US Secretary of State Anthony Blinken, State Department spokesperson Matthew Miller informed on Thursday, adding that the two leaders discussed the recent attacks on merchant ships by the Yemen-backed Houthi groups in the Red Sea. The two leaders also reaffirmed their maritime cooperation in the region, the State Departmen.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024