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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

As prices increase, farmers demand repeal of Rice Liberalization Law

“Farmers and consumers are demanding the strengthening of the rice industry as a solution to the perennial rice inflation, now nearing an all-time high rate that is expected to continue until July." The post As prices increase, farmers demand repeal of Rice Liberalization Law appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 2024

Farmers’ group: High retail prices of rice to persist

High retail prices of rice will persist as imported varieties dominate the local market, farmers’ group Samahang Industriya ng Agrikultura president Rosendo So said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Bicol rice retail prices hit P75/kilo

Retail prices of rice in Bicol have reached P75 per kilo, according to watchdog group Bantay Bigas......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Special rice retail prices shoot up to P70/kilo

Retail prices of special rice have reached as high as P70 per kilo amid the continued spike in the cost of the staple......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Group warns of worse hunger as rice prices spike

The watchdog group Bantay Bigas over the weekend warned of an increase in hunger incidence in the country amid the continued spike in retail prices of rice......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Potemkin

The Department of Agriculture announced that suggested retail prices on rice will be issued next week. At first blush, this seems to be another dubious “solution” to spiking rice prices from the same minds that brought us price caps last year......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Tighter control over rice imports, direct buying from farmers eyed

The Department of Agriculture is seeking tighter control over the rice industry by restricting imports during harvest seasons and inspecting warehouses of traders and importers......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

DA: NFA rice sale probe to push through

The investigation into the alleged illegal sale of rice to some traders by the National Food Authority will not be affected despite the dismissal of former Bureau of Fisheries and Aquatic Resources (BFAR) director Demosthenes Escoto, who headed the probe panel......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

NFA ordered to submit documents on P93 million rice sale

Ombudsman Samuel Martires on Thursday went to the National Food Authority main office in Quezon City to personally serve a subpoena that would compel the agency to submit several documents in connection with the alleged anomalous sale of P93.75 million worth of NFA rice to two traders......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Prices of food supplies in Mindanao markets soar amid Ramadhan

The Bangsamoro government and its constituent-local government units have fused ranks to stop the practice of unscrupulous traders to increase prices of food supplies they sell in markets during the Islamic Ramadhan season......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Egg retail prices drop due to low demand

Egg traders are reeling from the decreasing farmgate and retail prices as well as from low demand for the poultry product, according to Gregorio San Diego, chairman of the United Broiler Raisers’ Association......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Strawberry farm sting nets 2 drug traders, over P3.7M worth of dried cannabis

Two alleged drug traders trying to smuggle over P3.7 million worth of dried marijuana leaves were cornered in a sting operation at an open parking lot at the Strawberry Farm in barangay Betag, La Trinidad, Benguet Thursday dawn......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

If he gets elected, Yogi Ruiz warns drug traders to leave Cebu City

CEBU CITY, Philippines — Illegal drug traders were warned by former Bureau of Customs Commissioner (BOC) and former Philippine Drug Enforcement Agency (PDEA)-7 Director Yogi Felimon Ruiz to leave Cebu City within 30 days if he is elected as mayor in the 2025 local and national elections. This was his promise as he is 100%.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Traders, importers to buy local raw sugar at premium

Sugar traders are keen on purchasing 300,000 metric tons of local raw sugar at a premium price in exchange for getting a priority allocation in future import programs of the government......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

BFAR urges traders to comply with EO on unsanitary transport of wet goods

CEBU CITY, Philippines- The Bureau of Fisheries and Aquatic Resources (BFAR) has commended Cebu Governor Gwendolyn Garcia for issuing an executive order that prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. BFAR-7 Provincial Fishery Officer Joel Clapano urged stakeholders and fish traders to.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Pasil fish traders upset over Gwen’s wet goods transport policy

CEBU CITY, Philippines- Several fish traders at the Pasil Fish Port are complaining regarding a new policy of the Cebu Provincial Government which prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. The policy, outlined in Executive Order (EO) No. 2 issued by Governor.....»»

Category: newsSource:  inquirerRelated NewsFeb 5th, 2024

CSF traders find permanent home at Robinsons Starmills

CSF traders find permanent home at Robinsons Starmills.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Market dips as traders tracked Wall St losses

Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024