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Rice prices, though, “hard to predict,” Agri chief says (Eagle News)–The Department of Agriculture has given the assurance there’s ample rice supply in the country based on inventories made in December and January, and the additional rice coming from overseas. Agriculture Secretary Francisco Tiu Laurel said, however, that it’s hard to predict rice prices at this time. “Ang problema iyong world price is tumataas eh ‘no dahil sa El Niño,” he said, noting that even […]
(Eagle News)–The Philippine Rice Industry Stakeholders Movement (PRISM), an association of rice traders, has vowed to continue working with the government to provide consumers with affordable and quality rice even if some stakeholders are not receptive to a recent executive order that effectively put a cap on the staple’s prices. “Maaari pong hindi maintindihan ng lahat sa simula pero eventually po sa sama-samang pagtutulong ng ating mga kasamahan sa industriya ng bigas ay mapapagtagumpayan din […]
(Eagle News) — Resign. Senator Bam Aquino reiterated this to National Food Authority administrator Jason Aquino and other NFA officials, following the alleged rice crisis in Zamboanga that led to an increase in the prices of the staple food. “Mahiya naman sila (NFA) sa taumbayan at mag-resign na. Dahil sa kanilang kapalpakan, nalulunod ang mga pamilyang Pilipino sa taas ng presyo ng bigas,” the senator said in a statement on Thursday, Aug. 23. Aquino asked the […]
By Meanne Corvera Eagle News Service The National Food Authority is under fire from some legislators following the alleged rice crisis in Zamboanga that saw a whopping increase in the prices of the staple food. Senator Sherwin Gatchalian said the NFA as a whole “has become a liability to the government,” noting the drop in its revenues “every year.” He said that from the P29.3 billion it earned in 2016, its earnings dropped to P17.93 […]
QUEZON CITY, Philippines (Eagle News) — Rice prices has increased by Php 1.00 to Php 2.00 per kilo in the third week of January 2018. The Kilusang Magbubukid ng Pilipinas shared the price monitoring report of the Philippine Statistics Authority which said that special well-milled rice increased by Php 1.00 per kilo while premium well-milled rice increased by Php 2.00 per kilo. “The price monitoring of the Philippine Statistics Authority (PSA) has noted rice price […]
The price of rice in the market goes down by two pesos per kilo by retailers in Metro Manila due to the price cut implemented by the new NFA administrator.
Bayan Muna representative Neri Colmenares is asking for an investigation on the abrupt rise of rice prices nationwide.
