The Department of Agriculture (DA) has announced a new partnership with the major retail chains to distribute affordable rice nationwide, aimed at stabilizing prices and improving access for Filipino households.
The National Food Authority (NFA) needs to secure additional funding to cover the increase in the national rice buffer stock mandated under the amended Rice Tariffication Law.
The country's meat imports posted a significant increase in 2024, reflecting growing demand and shifts in consumer preference, according to data from the Bureau of Animal Industry (BAI). From January to November 2024, the Philippines imported 1.33 billion kilograms of meat, marking a 19.4 percent rise from the 1.12 billion kilograms imported in the same period of 2023.
The Land Transportation Franchising and Regulatory Board (LTFRB) is reviewing a petition from various transport groups seeking a P15 minimum fare for public utility jeepneys, a move that could impact the daily commute of millions of Filipinos.
The Philippines’ agricultural trade deficit narrowed in September to USD932.2 million, helped by a strong growth in farm exports and a slight decline in imports, according to data from the Philippine Statistics Authority (PSA).
Petron Corp., the country’s largest oil refiner and fuel retailer, reported a 37 percent increase in net income to ₱9.7 billion for the first nine months of the year, up from ₱7.1 billion in the same period last year.