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Two House committees approve amendments to Rice Tariffication Law

Two House committees approve amendments to Rice Tariffication Law
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Freeze on MAV seen pressuring prices of pork, corn upwards

Freeze on MAV seen pressuring prices of pork, corn upwards
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Rice inflation highest since 2009–PSA data

Amid the slowdown of inflation in most commodity’s prices, the price of rice, the country’s staple, stood out as the commodity that posted the highest increase in January, according to the Philippine Statistics Authority (PSA). PSA data also showed rice price inflation experienced by All Income Households averaged 22.6 percent,…

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PHL-Vietnam rice deal seen as hedge vs. weak domestic production

PHL-Vietnam rice deal seen as hedge vs. weak domestic production
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Inflation settles within government target in January; BSP still wary

CHEAPER vegetables and sugar may have led to an inflation rate in January that is well within the government’s targets, according to the Bangko Sentral ng Pilipinas (BSP). In its month-ahead inflation forecast, BSP said inflation could settle at 2.8 percent to 3.6 percent. BSP Governor Eli M. Remolona Jr.…

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