Reduced tariff rates to cut down rice prices — DA
The Department of Agriculture is optimistic that cutting rice tariffs will lead to a significant drop in retail prices, according to Agriculture chief Francisco Tiu Laurel Jr......»»
Philippines gets 25,000 MT US sugar allocation
Washington has given Manila the green light to export 25,300 metric tons raw value of raw sugar to the US at lower tariff rates, the US Trade Representative announced recently......»»
E-motorcyles likely included in review of tax breaks – NEDA
The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»
Inflation halts 4-month decline
Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»
Villar hinarang tapyas-buwis sa imported rice
Hindi papayag si Sen. Cynthia Villar sa plano ni Finance Secretary Ralph Recto na pansamantalang tapyasin ang taripa sa imported rice kahit magresulta ito sa pagbaba sa presyo ng bigas sa pamilihan. The post Villar hinarang tapyas-buwis sa imported rice first appeared on Abante......»»
Keeping the price of rice reasonable and steady
The government decided to propose that the National Food Authority be given the right to import rice and to maintain a buffer stock to assure that the price of rice can be kept more stable......»»
DA wants P35 billion budget for rice program next year
The Department of Agriculture is seeking a 15 percent increase in the budget of its national rice program next year to further boost local rice production and ensure country’s food st.....»»
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......»»
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......»»
Research for next-gen rice varieties to push through
AN OFFICIAL from the Department of Agriculture-Davao Region (DA-Davao) said that research for next-generation rice varieties or new rice varieties that are being bred by the Institution of Breeders will push through......»»
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......»»
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......»»
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.....»»
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......»»
Someone’s gotta give
The Rice Tariffication Law of 2019, which replaced quantitative restrictions on rice importations with a tariff system, may have brought more harm than good......»»
Ilocos Norte power rates down by 90 centavos
Electricity rates in this province have decreased by 90 centavos this month, according to the Ilocos Norte Electric Cooperative......»»
Meralco power rates expected to go down this month
Lower power rates may be expected this month due to lower generation and transmission charges, according to energy utility provider Manila Electric Co......»»
T-bill rates ease as demand swells
Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»
Banking 101: Unmasking Financial Lingo
Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»
T-bill rates up across the board
Demand went down while rates increased for short-term securities, but the government sustained its full award streak and raised P15 billion......»»
NFA buys 120K MT of palay in a month
The National Food Authority beefed up its rice buffer stock after it purchased over 120,000 metric tons of palay or unmilled rice from local farmers since raising buying prices last month......»»