The Department of Agriculture (DA) will maintain the maximum suggested retail price (MSRP) of P43 per kilo for imported rice during the two-month rice import suspension set for September and October.
The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.
Farm gate prices of palay have begun to rise in nearly half of the country’s key rice-producing regions, just a week after President Ferdinand Marcos Jr. announced a two-month suspension of rice imports starting September 1.
Agriculture Secretary Francisco P. Tiu Laurel Jr. issued a call for creativity and unity within the Department of Agriculture as it faces critical scrutiny over its 2026 budget and proposed legislative reforms in Congress.
A Korea-funded cold storage and seafood distribution hub launched in El Nido, Palawan, this week—marking a major policy-driven initiative to enhance fisheries, support local cooperatives, and strengthen climate-resilient livelihoods in coastal communities.