Tag: Government Intervention

  • Philippine Agriculture Secretary Optimistic About Lower Rice Prices Under Marcos Administration

    In a recent statement, Agriculture Secretary Francisco Tiu Laurel Jr. expressed optimism about achieving rice prices in the mid-PHP30s per kilogram during the administration of President Ferdinand R. Marcos Jr. This statement came during a joint market inspection at the Commonwealth Market in Quezon City, where Laurel was joined by Department of Trade and Industry…

  • Agriculture Secretary Optimistic About Lower Rice Prices Under Marcos Administration

    Agriculture Secretary Francisco Tiu Laurel Jr. expressed optimism on Wednesday about the possibility of achieving rice prices in the mid-PHP30s per kilogram during President Ferdinand R. Marcos Jr.’s administration. This statement came during a joint market inspection at the Commonwealth Market in Quezon City, alongside Department of Trade and Industry Secretary Cristina Roque and Quezon…

  • Philippine Government Slashes Rice Prices at Kadiwa Centers by Up to P3 per Kilo

    In a move to make rice more affordable, the Department of Agriculture (DA) has announced a significant price reduction for Rice for All (RFA) products at Kadiwa ng Pangulo (KNP) centers and kiosks. Starting February 12, 2025, the price of RFA5 rice will be reduced to PHP43 per kilogram, RFA25 to PHP35 per kilogram, and…

  • Government Interventions Successfully Stabilize Rice Prices, Inflation Expected to Decline Further

    In a significant development for the Philippines, the Department of Agriculture (DA) has reported a successful stabilization of rice prices, attributing the achievement to various government interventions led by President Ferdinand R. Marcos Jr. The DA’s optimism stems from a recent -2.3 percent deflation in rice prices in January, a sharp decline from the 0.08…