In a groundbreaking move, the municipality of San Mateo has passed an ordinance aimed at ensuring the availability of safer, higher-quality rice for its residents. The ordinance, approved by the local government and supported by the Department of Agriculture through the Philippine Rice Research Institute (PhilRice), sets a precedent for the country in rice quality assurance.
The Department of Agriculture (DA) will implement a maximum suggested retail price (MSRP) for pork in wet markets across the National Capital Region starting 10 March. The new price cap will set pork liempo at P380 per kilogram, kasim and pigue at P350 per kilogram, and "sabit ulo" (the price traders pass to retailers) at P300 per kilogram.
The Department of Agriculture (DA) has lifted the importation ban on poultry products from France while imposing a temporary ban on imports from the US states of Indiana, New York, and Pennsylvania.
The Department of Agriculture (DA) has declared Camarines Norte free from avian influenza (AI), following effective containment measures and surveillance. DA Secretary Francisco Tiu Laurel Jr. confirmed the resolution of the outbreak, which began last December when the H5N2 strain of AI was detected on a backyard duck farm in Talisay.
Agriculture Secretary Francisco P. Tiu Laurel Jr. led an inspection on Monday of one-and-a-half dozen container vans suspected of being loaded with hundreds of tons of frozen fish, but was declared by importers as processed plant-based commodities. A earlier spot check conducted by the Department of Agriculture's Bureau of Plant Industry and the Bureau of Customs on two of the 19 40-foot container vans revealed boxes of frozen mackerels locally known as tamban, and frozen round scad-locally known as galunggong rather than the frozen fried taro sticks, sweet potato balls, and assorted food products from China, as declared in the shipping manifest.
The Bank of the Philippine Islands (BPI) is reinforcing its commitment to empowering Filipinos by enhancing accessibility to its services. Through its suite of retail loan products, BPI is helping make vehicle, home, and motorcycle ownership more achievable while offering special anniversary rates, waived fees, and exclusive partner discounts.
AllHome Corp., the retail and wholesale arm of the Villar Group, reported a steep decline in profit for the first half of the year, citing soft demand for construction and furnishing products amid a sluggish real estate market.
Federal Reserve Chair Jerome Powell signaled Friday that the U.S. central bank may cut interest rates at its next policy meeting in September, citing growing risks to the labor market and ongoing inflation pressures.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has instructed the Rice Industry Development Office (RIDO), led by Undersecretary Christopher Morales, to closely examine the apparent shift in Filipino rice preferences, as demand for imported rice—particularly Vietnamese varieties—continues to grow.