Once tucked away in Filipino kitchens, ube is now enjoying a vivid rise on the world stage. The purple yam that flavored childhood treats is turning into a global obsession, catching the eye of trend-watchers and coffee chains alike.
Department of Trade and Industry (DTI) has extended the price freeze on basic necessities and prime commodities (BNPCs) until May 10, citing easing fuel costs that continue to help stabilize consumer prices.
Nestlé Philippines Inc. is keeping prices steady for now, even as rising fuel and logistics costs squeeze margins, while preparing contingency plans that would prioritize essential goods if supply pressures worsen.
The Subic Bay Metropolitan Authority (SBMA) is rolling out targeted, temporary relief measures to cushion port users from rising costs driven by volatile global fuel prices, in line with President Ferdinand Marcos Jr.’s energy emergency directive.
The Philippines has launched a safeguard investigation into rice imports, intensifying scrutiny over rising inflows that policymakers say may be undermining the domestic farming sector.