Presyo Merkado: Current prices of food in Metro Cebu markets

Emmariel Ares 06/20/2024

Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines — Still had not…

Rep. Wilbert Lee: P20 per kilo of rice still possible

Futch Anthony Inso 02/11/2024

CEBU CITY, Philippines — The promise of President Ferdinand Marcos Jr. to lower the price of rice to P20 per kilo remains doable if House Bill No. 9020 or the “Cheaper Rice Act” is passed into law,…

P93B post-harvest facilities needed to stop rice, corn wastage

Jean Mangaluz 01/16/2024

MANILA, Philippines – A total of P93 billion is required to establish adequate post-harvest facilities to prevent the wastage of corn and rice, according to Agriculture Secretary Francisco Tiu Laurel Jr. on Tuesday. Laurel said around 12.7…

Tariff cuts on imported rice, other food items extended by President Marcos 

12/26/2023

MANILA, Philippines—President Ferdinand Marcos Jr. has approved the extension of reduced tariffs on rice and other food items until the end of 2024 to keep prices stable amid a threat of dry weather in the coming months,…

Rice: ‘Higher prices’ expected in December

Pia Piquero 12/07/2023

CEBU CITY, Philippines – An increase in rice prices is expected in the holiday season, the president of Cebu Market Vendors Cooperative (CEMVEDCO) said. Traditionally, rice prices tend to decrease starting from the second week of September…

‘Half-cup-rice’ rule may be revived

Jean Mangaluz 11/09/2023

MANILA, Philippines — A bill that seeks to penalize restaurants for refusing to serve half a cup of rice may be revived, according to officials from the Department of Agriculture Philippine Rice Research Institute (DA-PhilRice) on Thursday.…

Micro rice retailers have until Oct. 6 to claim financial assistance

Futch Anthony Inso 10/05/2023

LAPU-LAPU CITY, Cebu—Around 366 micro rice retailers in Central Visayas were given until Friday, October 6, 2023, to claim their financial assistance worth P15,000, under the Sustainable Livelihood Program (SLP) of the Department of Social Welfare and…

Rice price cap lifted 

Jean Mangaluz 10/04/2023

(UPDATED, 1:15 p.m., Wednesday) MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. lifted the rice price ceiling on Wednesday, October 4, 2023. In a rice distribution activity in Taguig City, Marcos announced that beginning this Wednesday, the…

Cash subsidy for over 1,000 sari-sari store owners in Cebu to be released on Sept. 29

Niña Mae C. Oliverio 09/29/2023

CEBU CITY, Philippines — The cash subsidy for qualified sari-sari store owners affected by the new price cap under Executive Order 39 of President Ferdinand Marcos Jr. may claim them today, September 29. The officials from the…

‘Half-rice’ ordinance revived in Cebu City

Nestle Semilla 09/22/2023

CEBU CITY, Philippines—Did you ever see a ‘half-rice’ option in menus here? Well, that soon may be required in food establishments and even school canteens in the city. This after Cebu City Councilor Mary Ann delos Santos…

Qualified micro rice retailers receive gov’t cash aid

Niña Mae C. Oliverio 09/17/2023

CEBU CITY, Philippines — A total of 87 micro rice retailers received cash assistance from the government last Thursday, September 14, 2023. The Department of Social Welfare and Development (DSWD), in coordination with the Department of Trade…

Amid rice price caps, Cebu City mulls reviving task force on price monitoring

Morexette Marie B. Erram 09/07/2023

CEBU CITY, Philippines – The Cebu City Government wants to reconvene its task force in charge of monitoring price controls following Malacañang’s order to put price caps on rice. Mayor Michael Rama on Thursday, September 7, said…

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