Tag: palay

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Palay output up 18 percent, corn dips in 3Q—PSA

Palay production for the third quarter is projected to rise by 18 percent year-on-year to 3.93 million metric tons, largely driven by a surge in output from rainfed areas, according to the Philippine Statistics Authority (PSA). 

Palay prices soften further in July as global price slips—PSA data

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.

Palay production costs expose Visayas, country divide

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. 

Palay, corn output to rise in 2Q—PSA 

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. As...

President Marcos eyes tobacco industry model for palay ‘floor price’

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.

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ADB: Philippines stays course despot inflation surge

Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.

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