Filipino rice farmers in 2022 earned an average P10,836 for every hectare—an income that requires frontloaded investment and a waiting period of up to four months highly at risk to weather changes.
The national treasury rejected all bids for the P30-billion, three-year treasury bonds it offered at auction Tuesday to prevent the cost of borrowing from rising.
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Monday expressed strong support for the proposed P2-billion Abra de Ilog Deep Water Port, saying it could lower food prices by reducing transport costs and easing farm-to-market bottlenecks.
The Government Service Insurance System (GSIS) has released ₱81.34 million in fire insurance claims to the City Government of Manila for losses caused by the Pritil Market fire in Tondo.