The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.
The cost of producing palay—the unmilled form of rice, the Philippines’ national food staple—exposes deep regional disparities that mirror the effects of geography, infrastructure, and urban sprawl on the country’s agriculture.
The country’s palay and corn production for the second quarter is projected to record double-digit increases, the latest estimates of the Philippine Statistics Authority.
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President Ferdinand Marcos Jr. said Wednesday that government, through the Department of Agriculture, is looking at imposing a floor price for palay to ensure farmers profitability and sustain their intention to plant and produce more rice.
The Government Service Insurance System (GSIS) began accepting applications on March 25 for its Ginhawa Solar Energy Loan (GSEL), aimed at helping government employees install solar power systems at home.
Kaspersky is strengthening its focus on enterprise cybersecurity across the Asia-Pacific region, including the Philippines, as cyber threats continue to grow alongside rapid digital transformation.
The country’s two largest airlines said on Wednesday that they have secured sufficient jet fuel to maintain operations, including long-haul flights, despite a volatile global market.
First Gen Corporation celebrated the 50th anniversary of its subsidiary, Energy Development Corporation (EDC), highlighting a major milestone in the country’s renewable energy sector.