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Inflation, economy, price of rice: Where PH stands since SONA 2024

By ANNA FELICIA BAJO and TED CORDERO, GMA Integrated News Around this time last year, President Ferdinand “Bongbong” Marcos Jr. opened his third State of the Nation Address (SONA) not with his administration’s feats, but with the daunting reality check that the fruits of economic progress were not felt by ordinary Filipinos faced with the […]

Beneo launches sustainable rice farming initiative in Vietnam

Siân Yates ,Star Business Report Beneo has announced a three-year collaborative project aimed at promoting sustainable rice farming practices in Vietnam. This initiative, funded by the Government of Flanders, partners Beneo with international NGO Rikolto and climate technology firm CarbonFarm. Vietnam, a leading global rice exporter, faces significant challenges in sustainable agriculture, particularly in terms […]

Rice imports drop as local harvest peaks.

by Editha Z. Caduaya DAVAO CITY — — The Department of Agriculture (DA) has reported a significant drop in rice import arrivals this year, attributed to the ongoing local palay harvest and shifting market behavior influenced by earlier large-volume importations.According to DA data, as of March 13, only 640,915 metric tons (MT) of imported rice […]

MSRP for imported rice to be lowered to P49/kilo starting March 1 — DA

By TED CORDERO, GMA Integrated News The Department of Agriculture (DA) on Wednesday announced it is slashing further the maximum suggested retail price (MSRP) for imported rice in the coming month. “The maximum suggested retail price for imported rice will be lowered to P49 per kilo starting Saturday, March 1, marking the first time since […]

DA eyes maximum SRPs for all rice varieties.

By LLANESCA T. PANTI, GMA Integrated News The Department of Agriculture (DA) said it is eyeing implementing maximum suggested retail price (MSRP) for all rice varieties. That’s according to DA Undersecretary Asis Perez after he was asked by Iloilo Rep. Ferjenel Biron if the P58 per kilo MSRP for premium imported rice can be applied […]

DA slashes price of ‘Rice-for-All’ grain to P38/kilo

By TED CORDERO, GMA Integrated News. The Department of Agriculture (DA) is reducing further the price of the grain staple being sold at Kadiwa stores under its “Rice-for-All” initiative. In a statement Thursday, Agriculture Secretary Francisco Tiu Laurel Jr. said the price of the 25% broken rice variety sold at Kadiwa stores will be reduced […]

National Price Council pushes for rice ‘Food Security Emergency’

Author: DA Press Office The National Price Coordinating Council (NPCC) has approved a resolution urging the Department of Agriculture (DA) to declare a “food security emergency for rice” as prices remain high despite declining global rice costs and tariff reductions ordered by President Ferdinand Marcos Jr. Trade and Industry Secretary Ma. Cristina Roque, NPCC chair, […]

Suggested imported rice profit cap sought

Bella Cariaso – The Philippine Star MANILA, Philippines — Former agriculture secretary Leonardo Montemayor yesterday said that the government should impose a maximum suggested imported rice profit instead of maximum suggested retail price, amid the impending implementation of a P58 per kilo maximum SRP on outsourced grains beginning Jan. 20. “Why not a maximum suggested […]

Gov’t to set maximum SRP for imported rice

By: Jordeene B. Lagare – @inquirerdotnet. MANILA, Philippines — The Department of Agriculture (DA) plans to introduce before the end of the month a maximum suggested retail price (MSRP) for imported rice to bring down prices. In an interview on Monday, Agriculture Secretary Francisco Tiu Laurel Jr. said the policy MSRP would be “released very […]