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.
Cash remittances from overseas Filipinos reached $2.79 billion in February 2026, bringing total inflows for the first two months of the year to $5.81 billion, a 3.1 percent increase from the same period in 2025.
ABS-CBN pushed back on Wednesday against what it said as continued public relations attacks linked to an internal family dispute over the company’s future.
Shopee Philippines has partnered with the Philippine National Police Eastern Police District to roll out digital livelihood training for police families, tapping e-commerce as a pathway to supplemental income and financial resilience.
The Department of Agriculture (DA) has started distributing a ₱10-billion cash assistance program to help farmers and fisherfolk cope with rising fuel and production costs.