President Ferdinand R. Marcos Jr. recently highlighted the urgent need for a declaration of a food security emergency to address the ongoing crisis in the Philippine rice market. With retail prices of rice continuing to soar, despite global rice costs declining and tariff reductions already in place, the market is simply not functioning as it should. President Marcos candidly stated …
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The Philippines has officially lost the 3rd spot in the global banana export market to Colombia in 2024, which shipped out 29,000 metric tons more than the Philippines. Colombia exported 2.31 million metric tons to the world while the Philippines ssent only 2.28 MMT, said the UN Food and Agriculture Organization. Ecuador remained the world’s top exporter of bananas, with …
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Last January 10, the Department of Agriculture reported a thin supply of red onions, causing spikes in its local retail prices, ranging from P100 to P180 per kg in Manila markets, or an increase from P70 to P150/kg a month ago. DA Undersecretary for high value crops Cheryl Marie Natividad-Caballero said this could be due to factors like high demand, …
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By Rose de la Cruz With a record importation of 4.78 million metric tons of rice last year, it would not be surprising that P34 -billion tariff was collected from the legitimate arrivals of the grains. The Bureau of Customs said total rice tariff collected in 2024 rose by 13.11 percent year-on-year to P34 billion from just P30 billion in …
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Climate change and declining productivity due to high production costs and the impact of smuggling of agricultural products made farming and fishing jobs the top job decliners, local economists said. The Philippine Statistics Authority (PSA) said that while unemployment and underemployment improved, the number of employed Filipinos declined leading to joblessness in farming and fishing subsectors. The decline in jobs …
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Ateneo de Manila University researchers have discovered that milkfish (bangus) skin– a product of aquaculture– could provide a low-cost option for treating patients with major burns and other serious injuries. With bangus being widely farmed across the country, the team, led by Janice Alano Ragaza and Bianca Patrice Go from the Ateneo Department of Biology’s Aquatic and Fisheries Resources Laboratory, …
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Reacting to the recent ruling by the Supreme Court allowing commercial fishers unrestricted access to municipal fishing grounds, Bicol Saro Rep. Brin Yamsuan is now discussing with the Bureau of Fisheries and Aquatic Resources a possible law to protect the welfare of fishermen. Yamsuan, who chairs the House Committee on Aquaculture and Fisheries Resources, called the meeting with BFAR in …
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A touch of nostalgia shrouds the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Awards Night as Filipinos who represented flag and country in the Olympics will be given tribute in one of the special highlights of the Jan. 27 presentation at the grand ballroom of the Manila Hotel. Members of the Philippine contingent to both the Paris Olympics and Paralympic Games …
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As the 76th Philippine Airlines (PAL) Interclub approaches next month in Bacolod City, all eyes are on the two powerhouse teams vying for the coveted regular championship—the Manila Southwoods Golf and Country Club and Eastridge Golf Club. Manila Southwoods, the defending champion, is aiming for a fourth straight title. At the same time, Eastridge enters the tournament with newfound confidence …
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As part of the ERJHS 73rd Foundation Day and Grand Alumni Homecoming on Feb. 22-23, the ERJHS Alumni Sports Club will organize the “Learn & Play Chess 2” with International Masters Angelo Young and Idel Datu and FIDE Instructor Chiara Reina Lim-Datu. The event is scheduled at 9 a.m. on Sunday, Feb. 23 at the Audio-Visual Room. Young is one …
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The Market Monitor Minding the Nation's Business