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The Department of Agriculture (DA) reduced rice prices under the KADIWA ng Pangulo’s Rice-for-All (RFA) program. The price reduction reflects both a drop in global rice prices and an increase in domestic supply as the local harvest season gets underway. Agriculture Secretary Francisco Tiu Laurel Jr. said the RFA prices will be lowered by as […]
A day after the P58-per-kilo maximum suggested retail price (MSRP) for imported rice took effect in Metro Manila, the Department of Agriculture (DA) urged grains retailers to comply with the new directive that is intended to reflect recent tariff reduction and lower global prices. The joint monitoring team of the Department of Agriculture and Department […]
To ensure that affordable rice is accessible to the public, former Senator Kiko Pangilinan has urged the Department of Agriculture (DA) to dispose of the National Food Authority’s 300,000-ton aging rice stock to KADIWA outlets once a food security emergency is declared. While Republic Act No. 11203 or the Rice Tariffication Law bars the NFA […]
The Department of Agriculture (DA) and Department of Trade and Industry (DTI) have joined forces to explore “creative ways” to reduce rice prices to more reasonable levels and alleviate the financial burden on Filipino consumers. Agriculture Secretary Francisco Tiu Laurel Jr. said the initial focus would be on imported rice, but stressed that the government’s […]
The “Murang Pagkain” super committee conducted its fifth meeting to discuss the impact of irrigation in the rice supply chain. Super committee lead chairman and Albay Representative Joey Salceda said, “It was established that lowering of tariffs under EO (Executive Order) 62 did not translate – translated to only 50 centavos – to any significant […]
At the third meeting of the ‘Murang Pagkain’ Super Committee, the Department of Agriculture (DA) proposed the restoration of the National Food Authority’s (NFA) power to buy and sell rice at lower prices. DA Secretary Francisco Tiu Laurel Jr. emphasized the need for restoring the NFA’s power to directly intervene in the rice market by […]
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 […]