Tag: rice prices
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Government Buying Half of Farmers’ Rice Could Lower Prices to PHP20 per kg, Says Sotto
MANILA – Senatorial hopeful Vicente Sotto III from Alyansa Para sa Bagong Pilipinas remains optimistic about reducing rice prices to PHP20 per kilogram. Speaking at a media event in Hotel Savano, San Jose del Monte City, Bulacan, Sotto emphasized that this goal is within reach if the government commits to purchasing 50 percent of the…
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Philippine Agriculture Department Slashes Rice Price Cap to Ease Consumer Costs
In a move to alleviate the financial burden on consumers, the Department of Agriculture (DA) in the Philippines has announced a reduction in the maximum suggested retail price (MSRP) for 5 percent broken rice in Metro Manila, dropping it from PHP55 to PHP52 per kilogram. This adjustment, effective from February 15, follows a global trend…
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Philippine Agriculture Department Slashes Rice Price Cap to Ease Market Costs
In a move to curb rising retail prices, the Philippine Department of Agriculture (DA) has announced a reduction in the maximum suggested retail price (MSRP) for 5 percent broken rice in Metro Manila, dropping it to PHP52 per kilogram from PHP55. This adjustment, effective from February 15 as per Administrative Circular No. 3, reflects a…
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Negros Island Region Keeps Watch on Rice Prices Amid NCR’s MSRP Implementation
In Dumaguete City, the Department of Agriculture (DA) in the Negros Island Region (NIR) is vigilantly monitoring rice prices across its three provinces, even as the National Capital Region (NCR) implements a maximum suggested retail price (MSRP) for rice. Engineer Albert Barogo, the regional director of DA-NIR, emphasized in a recent interview that although the…
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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…
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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…
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Philippine Government Slashes Rice Prices at Kadiwa ng Pangulo 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…
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Over 50 Local Governments Seek NFA Rice Amid Food Security Crisis
In response to the recent food security emergency declaration for rice, over 50 local government units (LGUs) have expressed interest in purchasing rice stocks from the National Food Authority (NFA), according to the Department of Agriculture (DA). This move comes as part of efforts to stabilize rice supply across the nation. DA Secretary Francisco Tiu…
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