CONSUMERS will soon be able to buy rice at P35 per kilo with the declaration of a food security emergency, the National Food Authority (NFA) announced on Tuesday, February 4, 2025.
The government previously increased the government purchase price to Rp 6,500 (40 US cents) per kilogram, which was deemed a reasonable figure to ensure welfare for smallholders.
The Department of Agriculture (DA) on Tuesday announced a downward adjustment in the maximum suggested retail price (MSRP) for imported rice, as the agency seeks to reduce this even further moving forward.
MANILA, Philippines — The Department of Agriculture (DA) intends to lift the food security emergency on rice “as soon as possible,” according to its official.
Vietnam's rice exports from Jan. 1-15 reached 268,700 tons worth nearly US$165.7 million, up 38.7% in volume and 23.28% in value year-on-year, according to the Vietnam Food Association.
Retail rice prices in Dhaka have risen by Tk2 to Tk3 per kilogramme due to alleged supply shortage, despite steady wholesale market prices over the past five days.
The best way is to allow the market forces to work, and intervene when there is domination of single or few players in determining prices of paddy and rice or any other malpractices
MANILA, Philippines — The Department of Agriculture (DA) plans to partner with major retail chains to sell cheaper rice at supermarkets and convenience stores nationwide
The Department of Agriculture (DA) is urging retailers to comply with the maximum suggested retail price (MSRP) of P58 for imported rice, which took effect on Monday, Jan. 20
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