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Agriculture Secretary Francisco Tiu Laurel, Jr. said that rice prices are projected to start declining in October as a result of the government’s decision to reduce import tariffs. However, the full impact of the tariff cut may be felt in January 2025, Tiu Laurel added. President Ferdinand Marcos, Jr. recently signed Executive Order 62, which […]
National Unity Party (NUP) president LRay Villafuerte has welcomed a new Malacañan Palace order that officially slashed import tariffs on rice, in a move, which, he said will set in motion President Marcos’ goal to pull down eventually the retail cost of this staple to below P30 per kilo. “The recent issuance by the President of […]
AGRI Party-list Rep. Wilbert T. Lee lauded the approval of the proposed amendments to Republic Act No. 11203 or the Rice Tariffication Law (RTL) by the House Committee on Agriculture and Food, but also reiterated the need to purge corrupt officials in the National Food Authority (NFA) to lower the price of rice. Lee, who […]
Speaker Martin Romualdez vowed that the House of Representatives would relentlessly pursue efforts to make rice, the Filipinos’ staple food, available at affordable prices.“Hindi po kami titigil hangga’t hindi naibaba ang presyo ng bigas sa halagang abot-kaya ng ordinaryong mamamayan,” Romualdez said in his keynote message during the Philippine Economic Briefing in Iloilo City organized […]
The Department of Agriculture (DA) assures the public that there is enough affordable supply of rice in the market. According to DA Assistant Secretary and Spokesperson Arnel de Mesa, the country has almost completed the wet season harvest. “We have harvested about 90% of palay across the nation, bought at P22.00 per kilogram,” de Mesa […]
“The government should keep the caps on rice costs as long as these are needed to safeguard consumers against price shocks and counteract potential illegal acts of price manipulation, profiteering and hoarding.” House Minority Leader and 4Ps Party-list Representative Nonoy Libanan said as he urged the government “to do everything it can to insulate consumers, […]
Affordable, stable rice prices are possible if the government is willing to invest to ensure the food security of our country. This according to AGRI Party-list Rep. Wilbert T. Lee who filed a bill to establish a program that will provide subsidies intended to lower rice prices while encouraging farmers to produce more rice. “Sa […]
Lawmakers led by Davao City First Congressional District Representative Paolo Duterte have proposed the construction of postharvest facilities in every palay-producing city and municipality in the country to help raise farmers’ incomes and lower rice prices. Duterte said the construction of these postharvest facilities could begin with building a rice mill and a warehouse in […]
The Department of Agriculture (DA) and the Philippine Competition Commission (PCC) sealed a partnership for a strengthened coordination and mutual advisory assistance on competition concerns given the agriculture sector’s primary importance on consumer welfare and inclusive development. “This has been a much-anticipated partnership that puts the PCC and the DA at the forefront of inclusive […]
A “sigh of relief” for consumers. This was according to Quezon City 2nd District Rep. Winnie Castelo who is also the chair of the House Committee on Metro Manila Development regarding the recent passage of the Rice Tariffication Bill, which aims to lift the quantitative restriction on rice imports and removes the monopoly of the […]