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Rice inflation to remain elevated until August – DA

“This is the result of the engagements of President Marcos and Agriculture Secretary Francisco Tiu Laurel last year with the importers to bring in supply in preparation for El Niño.”.....»»

Category: financeSource: philstar philstarMar 5th, 2024

REIN in inflation!

It didn’t take long for Finance Secretary Ralph Recto to take full command of the economic cluster as he assumed responsibility for keeping inflation numbers low. And Ralph even coined an acronym: REIN or Reduce Emerging Inflation Now......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

Inflation likely stayed elevated in May – BSP

Driven by more expensive power rates and a weaker peso, inflation may have accelerated within the 3.7 to 4.5 percent range in May, possibly breaching the two to four percent target for the first time in six months, according to the Bangko Sentral ng Pilipinas (BSP)......»»

Category: financeSource:  philstarRelated NewsMay 31st, 2024

Shortchanged

Our consumers are taking a beating from our prolonged bout with elevated inflation rates......»»

Category: newsSource:  philstarRelated NewsMay 27th, 2024

March inflation may pick up amid high food prices

Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Inflation quickens to 3.4 percent in February

Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Inflation still top concern for Pinoys

Despite inflation easing in December, it remains the top concern for many Filipinos as prices of rice, the country’s staple food, continued to pick up, think tank GlobalSource Partners said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

EDITORIAL — Rice sufficiency

Once again, rice prices accounted for a substantial percentage of the food-fueled increase in the inflation rate last month......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

‘Marcos Jr. is to be blamed for high rice price’

“There is no one to blame for the highest inflation rate but Marcos." The post ‘Marcos Jr. is to be blamed for high rice price’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 7th, 2024

DA nixes plan to impose SRP on rice to tame inflation

The Department of Agriculture is not keen on imposing a suggested retail price for rice, Secretary Francisco Tiu-Laurel said, clarifying that "earlier proposals" were "just an idea based on available remedies.".....»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

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......»»

Category: sportsSource:  abscbnRelated News1 hr. 39 min. ago

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......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

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.....»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

IN STORE - The Manila Times

Workers unload sacks of rice at a warehouse in Dagupan St., Tondo, Manila on Tuesday, May 7, 2024. President Ferdinand R. Marcos Jr. said that he would certify a bill amending the Rice Tariffication Law (RTL) as urgent to control rice prices in the country. PHOTOS BY RENE H. DILAN Workers unload sacks of rice at a warehouse in Dagupan St., Tondo, Manila on Tuesday, May 7, 2024. President Ferdinand R. Marcos Jr. said that.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 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

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

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......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 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

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