IKOT.PH
Through the leadership of Senator Kiko Pangilinan, the Senate adopted Resolution No. 29 urging Malacañang to revert the tariff rate on imported rice to 35% from the current 15% to reduce revenue losses of farmers, empower local rice producers, and bring down the prices of rice in the domestic market. Signed by both Pangilinan and […]
The Department of Agriculture (DA) will push through with the reduction of the maximum suggested retail price (MSRP) for imported rice starting July 16, lowering the ceiling to P43 per kilo from the current P45, Agriculture Secretary Francisco Tiu Laurel Jr. said. The MSRP applies specifically to 5 percent broken, the most commonly consumed variety […]
Agriculture Secretary Francisco Tiu Laurel Jr. said the Department of Agriculture (DA) is delaying a plan to lower the maximum suggested retail price (MSRP) of imported rice in July, citing growing volatility in global markets sparked by escalating conflict in the Middle East. The DA had previously planned to lower the MSRP of 5 percent […]
The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers. “We plan to reduce the MSRP of imported rice to P43 per kilo starting July […]
Agriculture Secretary Francisco Tiu Laurel Jr. announced that the maximum suggested retail price (MSRP) for imported rice will be reduced anew on March 31 to P45 per kilo, following a continued decline in global rice prices. “At this level, the retail price of imported rice has now decreased by P19 per kilo compared to its […]
The implementation by the Department of Agriculture (DA) of a maximum suggested retail price (MSRP) on imported rice has resulted in a sharp reduction in prices without significantly disrupting the rice industry. Before the DA introduced the MSRP in early February, imported rice with 5 percent broken grains was being retailed at around P64 per kilo, […]
The maximum suggested retail price (MSRP) for imported rice will be lowered to P49 per kilo starting March 1 marking the first time since the MSRP was introduced six weeks ago that it will slip below the P50 mark. However, Agriculture Secretary Francisco Tiu Laurel Jr. clarified that the MSRP will not be implemented nationwide. […]
Agriculture Secretary Francisco Tiu Laurel Jr. has announced plans to remove brand labels from imported rice, citing concerns that some industry players are manipulating the system to inflate prices and exploit Filipino consumers. “After conducting a series of market visits, we now have reason to believe that some retailers and traders are intentionally confusing Filipino […]
Agriculture Secretary William Dar has ordered the National Food Authority (NFA) to bring down rice prices to P27 per kilo by flooding Metro Manila markets with 3.6 million bags of the staple grain. Dar also directed the agency to increase palay support price to P19 from P17 per kilo. “The NFA Council (NFAC) met and […]
With the National Food Authority (NFA) Council approving the importation of 250,000 metric tons of rice via open tender, House Appropriations Chairperson Rep. Karlo “Ang Probinsyano” Nograles on Thursday urged the NFA management to ensure that the imported stocks would be distributed properly to prevent problems that have plagued rice stocks that were previously imported […]