Tag: food prices

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February inflation offers relief to lower-income households

Banking & Insurance Context.ph Context.ph -
Finance Secretary Ralph G. Recto hailed the significant drop in inflation to 2.1 percent in February, marking the lowest rate since October 2024. He said the reduction provides vital relief to lower-income families, particularly on food prices. The bottom 30 percent income group's inflation rate fell to 1.5 percent, further easing the financial strain on vulnerable sectors.

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Tropical Hut taps First Gen geothermal power for cost, sustainability

Energy & Mining 0
Tropical Hut Food Market, Inc., one of the country’s oldest fast-food chains, has partnered with First Gen Group to power 12 of its branches and its head office with geothermal energy—an effort aimed at better managing operating expenses while reducing environmental impact.

PCIC allocates P187 million for post typhoon farmer insurance payouts

Agriculture 0
The Philippine Crop Insurance Corp. (PCIC) has earmarked P187 million to provide financial relief to insured farmers who suffered losses from flooding and destruction caused by three typhoons and the intensified southwest monsoon.

Gov’t secures funding for ₱20 rice subsidy until 2028

Top News 0
The government has secured sufficient funding to sustain President Ferdinand Marcos Jr.’s P20-per-kilo rice program through the end of his term in mid-2028, with most newly allocated funds remaining available for deployment, Agriculture Secretary Francisco P. Tiu Laurel Jr. confirmed.

DTI widens export markets as shipments hit record

Trade & Investments 0
Philippine exports surged to a record USD54.92 billion in the first seven months of 2026, up 12.9 percent year-on-year, prompting the Department of Trade and Industry (DTI) to widen its push for new markets and overseas buyers for local businesses.

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