The Department of Agriculture (DA) is working with market vendors to cap profits on rice, aiming to lower rice prices to P43 per kilo. DA officials have engaged vendors to promote a price ceiling, while more affordable rice will be available at Kadiwa Centers. Despite prior tariff cuts, retail rice prices remain high, with retailers expressing challenges in adhering to the price goals.
Latest from Business
Cebu Pacific posted a net loss of ₱5.87 billion in the first half of the year,
Global demand for Filipino virtual assistants (VAs) continued to grow in the second quarter of 2026,
Private-sector economists are divided on the Philippines’ July inflation outlook, with forecasts ranging from 6.2 percent
The Department of Agriculture (DA) has upgraded its digital surveillance system to strengthen monitoring of Philippine
Philippine Airlines (PAL) has increased its debut international bond offering by $50 million, raising a total