No surplus of sugar in PH

Jordeene B. Lagare 11/20/2024

The Sugar Regulatory Administration (SRA) of the Department of Agriculture denies claims that the country has a surplus of sugar that some groups said has resulted in declining prices. “Sugar stock levels have been constant in the…

24 dead after rain, farm damage reaches P600M – NDRRMC

Jordeene B. Lagare, Nestor Corrales 09/22/2024

The death toll due to the combined effects of Tropical Cyclones Ferdie, Gener and Helen and the southwest moonsoon has risen to 24, the National Disaster Risk Reduction and Management Council (NDRRMC) said on Friday. In its…

DA’s promise: Rice prices down by up to P7 in August

Jordeene B. Lagare, Thony Rose Lesaca 07/20/2024

The retail prices of rice in public markets are expected to decline by up to P7 per kilo in early August after the government cut the duties on imported rice, according to the Department of Agriculture (DA).…

Fuel prices may increase by up to P2 this week

Jordeene B. Lagare 06/16/2024

MANILA, Philippines — Industry players hinted at a fuel price hike of up to almost P2-a-liter this week as various global developments including the projected increase in global demand make pump prices volatile. In an advisory over…

Fuel price rollback: Diesel down P1.20 per liter, gasoline by 60¢

Jordeene B. Lagare 06/10/2024

MANILA, Philippines — Good news greets motorists this week as oil companies announced a rollback in fuel pump prices effective Tuesday, June 11. Gasoline will drop by 60 centavos per liter, diesel by P1.20 per liter, and…

Gasoline prices down by 90¢ per liter, diesel up 60¢

Jordeene B. Lagare 06/03/2024

Fuel companies announced significant price adjustments of up to 90 centavos per liter in local pump prices starting Tuesday, June 4. According to industry sources, the price of gasoline will decrease by 90 centavos per liter. But…

NFA buys 2.93 million bags of palay from local farmers

Jordeene B. Lagare 06/01/2024

The National Food Authority (NFA) is on track to exceed its goal for buying locally grown palay (unhusked rice) for the first half of this year after increasing purchase prices. On Friday, the NFA announced it had…

Gasoline, diesel prices up 40 centavos per liter starting May 28

Jordeene B. Lagare 05/27/2024

MANILA, Philippines — Oil companies are raising local pump prices by up to 40 centavos per liter effective Tuesday, May 28. In separate advisories, the oil firms announced a 40-centavo increase in the prices of diesel and…

Gasoline prices drop by 10¢ per liter, diesel up 25¢ from May 21

Jordeene B. Lagare 05/20/2024

MANILA, Philippines — Local fuel companies will adjust fuel pump prices starting Tuesday, May 21. Gasoline is down by 10 centavos per liter, while diesel and kerosene will increase by 25 and 30 centavos, respectively. Shell Pilipinas…

PH still the world’s top rice importer

Jordeene B. Lagare 05/13/2024

The Philippines is likely to remain the world’s top rice importer, according to the US Department of Agriculture (USDA). This year, rice imports are projected to rise to 4.1 million metric tons, a 5.1 percent increase from…

Fuel price rollback: Gasoline down by P2 per liter, diesel by 50¢

Jordeene B. Lagare 05/13/2024

MANILA, Philippines — Motorists can expect fuel pump prices to drop this week for the third time in a row, starting Tuesday, May 14. Local oil companies in separate advisories announced a reduction of P2 per liter…

Yuchengco unit reports breakthrough in first solar plant in Bohol

Jordeene B. Lagare 05/12/2024

MANILA, Philippines — Rizal Green Energy Corp. (RGEC), a unit of Yuchengco-led PetroGreen Energy Corp. (PGEC), took another step in developing the P1.2-billion first solar power plant in Bohol province with the installation of photovoltaic (PV) panels.…

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