NUEVA ECIJA, Philippines — In the Philippines, people say, “Bigas ay buhay”: “Rice is life.” It’s a neutral canvas for every meal. Other foods are often served as “ulam,” the ...

Rice inflation in the Southeast Asian nation increased at the fastest pace in almost five years in August, reviving memories of a 2018 shock that led to the end of a two-decade-old limit on imports.

The 'crucial 3': will the return of rice and energy price spikes delay Bangko Sentral ng Pilipinas' easing plans? In this article Philippine i Tuesday, 02 January 2024 12:17 GMT ...

Rice prices in the Philippines continued their downtrend in the first month of 2025, with the inflation rate for the grain staple contracting for the first time in nearly four years, amid a trend of ...

Executive Order No. 62, issued by President Ferdinand Marcos Jr. in June 2024, reduced the tariff rate for imported rice to 15% from 35%. To illustrate the contraction in rice inflation seen last ...

MANILA -- The Philippines declared a "food security emergency" on Monday, allowing it to release its buffer stocks of rice into the market as part of government efforts to manage inflation.

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday reduced its policy rate by 25 basis points amid ...

Rice prices have soared in the Philippines in recent months. The dietary staple, which accounts for over 20 percent of the food budget of poor families, has become increasingly unaffordable ...

Philippines Wants to Boost Rice Cooperation With Vietnam to Ensure Food Security. ... To manage inflation pressures, the Philippines has recently lowered its tariff on rice to 15% from 35%.

The steady rise in prices of the Philippines' staple food pushed local rice inflation to 4.2 per cent in July, the fastest pace since 2019. PHOTO: REUTERS UPDATED Nov 15, 2024, 10:42 AM ...