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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

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

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

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

Rice imports as of mid-March 886,963 MT

The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

House starts plenary debates on rice tariff amendment

The House of Representatives will start plenary deliberations today on the committee approved measure amending certain provisions of the Rice Tariffication Law (RTL) for purposes of bringing down the price of rice in the retail market......»»

Category: newsSource:  philstarRelated NewsMay 12th, 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

Rice inventory up 10 percent in January

The country’s total rice inventory at the start of the year rose by almost 10 percent to over two million metric tons on the back of higher stocks in commercial entities......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

The UN Security Council’s Gaza ceasefire resolution

On March 25, the United Nations Security Council passed Resolution 2728, regarding the ongoing war in Gaza, by a vote of 14-0......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Mt. Apo as geological monument hurdles City Council 2nd reading

THE 20th City Council approved on second reading the declaration of Mount Apo as a geological monument during its session on Tuesday, March 26, 2024, held at the Sangguniang Panlungsod......»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Davao Media-Citizen Council elects officers

DAVAO CITY (MindaNews / 24 March) – The Davao Media-Citizen Council (DMCC) on Saturday elected its officers from representatives of various fields — media, business, law and academe. MindaNews’ Special Reports Editor Carolyn O. Arguillas was elected chair while Antonio Peralta representing the business sector was elected vice chair.  Peralta chairs the Southern Mindanao Business […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

Davao City Council moves hearing on traffic-causing road construction works

DAVAO CITY (MindaNews – 26 March) – The Davao City Council rescheduled to Tuesday, April 2, the second hearing on the suspended road construction works in the locality after key officials from the Department of Public Works and Highways (DPWH) – Davao region failed to show up Friday. The DPWH-Davao key officials are reportedly in […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

Agencies pledge P6.3B projects for Lapu-Lapu City at CDC

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 billion for Lapu-Lapu City in 2025. The amount.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Agencies pledge P900M projects for Lapu-Lapu City at CDC

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 million for Lapu-Lapu City in 2025. The amount.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

DA: Rice prices up 36% in a year

A 36 percent spike in the retail price of rice was recorded on March 1, 2024 compared to the same period last year, according to data from the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024