President Ferdinand Marcos Jr., after consulting select members of his Cabinet, decided to suspend for 60 days the importation of rice to protect local farmers from the influx of cheap rice, said Press Secretary Dave Gomez said Wednesday.
Rice prices may continue to ease inflationary pressure this July, even as the cost of other key food items rises with the onset of the rainy season, according to preliminary data from the Philippine Statistics Authority (PSA).
Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).
The Philippine Statistics Authority's early June survey indicates a continued decline in regular milled rice prices, averaging P42.77 per kilogram—down nearly seventeen percent from P51.31 in the same period last year and slightly lower than May’s P43.64.
Palay and corn production are poised for significant growth in the second quarter of 2025, latest estimates by the Philippine Statistics Authority showed.
Tanduay, the world’s top-selling rum brand, has officially introduced Andrea Brillantes as its 2026 Tanduay Calendar Girl during a star-studded event at The Elements in Eton Centris. The reveal marks a new chapter for the long-running calendar tradition—one that now puts authenticity and empowerment at the forefront.
Negros Electric and Power Corp. is close to fully restoring electricity across Central Negros after Typhoons Tino and Uwan, according to the Department of Energy (DOE). As of 6 p.m. on November 17, 2025, power has been restored to more than 92 percent of the 244,915 affected customers.
Manila Water is expanding its footprint in Latin America with a deal to acquire a majority stake in Mexican water utility Agua de Puebla. The company’s international arm, Manila Water Asia Pacific, signed a binding term sheet to buy 74.85 percent of the firm from two shareholders, Creando Estructuras and Agua de México.