STILL-ELEVATED rice prices could stoke inflation and threaten the Bangko Sentral ng Pilipinas’ (BSP) pace of monetary easing, GlobalSource Partners said.
National Security Adviser Eduardo Año on Tuesday expressed support over the looming declaration of food security emergency on rice to address the increasing prices of the commodity.
Following a sharp decline in palay production last year, the Department of Agriculture (DA) is optimistic that the Philippines will achieve a record-high harvest in 2025.
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