Saturday, June 3, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News

PBBM: P20 rice dream alive

Vince LopezOthel V. CamposbyVince LopezandOthel V. Campos
March 17, 2023, 2:00 am
in News, Top Stories
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on Email

Notes price per kilo down nearly half from P43, value chain needs fixing

President Ferdinand Marcos Jr. on Thursday said he is still hopeful that his dream of P20 per kilo of rice for Filipinos will come true.

“You can see that the price of rice, my dream of lowering its price to P20, we are not yet there… but we are already at P25. We are close to further reducing its price,” the President said in a speech at the launch of the Kadiwa Ng Pangulo in Pili, Camarines Sur.

The Kadiwa market aims to provide farmers and fishers as well as micro, small, and medium enterprises a direct market for their products.

In 500 Kadiwa stores across the country, rice sells for P25 a kilo.

As of March 15, the price of well-milled rice in the markets in Metro Manila ranges from P40 to P46 per kilo, according to government data.

It was President Marcos’ campaign promise to bring down the price of rice in the Philippines to as low as P20 per kilo.

He said the aspiration hinges on fixing the value chain, or the series of stages involved in producing a product or service that is sold to consumers, with each state adding to the value of the product or service.

Albay 2nd District Rep. Joey Salceda previously said that while this is not impossible, lowering rice prices to P20 would be at the expense of other sectors in the country.

According to the National Food Authority, the average retail price of well-milled rice in 2022 was P43.77 per kilogram, up by P1.33/kg from the previous year. Regular milled rice, on the other hand, averaged P39.43/kg last year, up by P1.83/kg.

The average ex-farm price of palay or unhusked rice in 2022 was P17.43/kg, up 4.06 percent from the previous year’s P16.76/kg.

Twenty exhibitors or Kadiwa partners are expected to sell their products during the two-day trade fair at Barangay Palestina in Pili town.

Aside from three farmers’ cooperatives, four MSMEs, and three individual young farmers who will sell their food and non-food products, the National Food Authority will also sell rice at a lower price while the Bureau of Fish and Aquatic Resources (BFAR) will also offer seafood products.

The BFAR on Thursday assured the public of adequate fish supply despite demand peaking as the Holy Week approaches.

BFAR spokesperson Nazario Briguera said the bureau is confident of sufficient production since fishing grounds in the country have reopened after their periodic closure.

“Since we are in the peak season of fishing activity, we expect to meet the high demand for fish during the Holy Week,” he said.

Briguera noted some factors that may affect local fish production, including the unprecedented oil spill in Mindoro that could possibly lower fish output in Oriental Mindoro and nearby provinces.

He also pointed out that expensive fuel costs and post-harvest losses continue to be among challenges in strengthening the fishing industry.

The fishery sector is looking forward to the construction of 11 more cold storage facilities on top of ongoing construction in various ports in General Santos and Cagayan de Oro, that should be operational by the end of 2023.

BFAR said fish spoilage is between 25 percent to 40 percent because ofthe shortage in post-harvest equipment like blast freezers, ice making machines, cold storage warehouses, and fish landing sites.

The Philippine Statistics Authority reported that the country hadproduced about 4.34 million metric tons (MT) of fish in 2022, 2.16 percent higher than the 2021 output and 0.16 percent higher than the DA’s target of 4.33 million MT.

Tags: Bureau of Fish and Aquatic ResourcesFerdinand Marcos Jr.Kadiwa MarketRice
ADVERTISEMENT
Vince Lopez

Vince Lopez

Othel V. Campos

Othel V. Campos

Related Posts

World’s only Tiananmen museum opens in NYC

byAFP
June 3, 2023, 7:50 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Chinese dissidents who took part in the 1989 Tiananmen Square protests unveiled a museum in New York on Friday dedicated...

Read more

US, Japan, Sokor to share N. Korea missile alert data

byAFP
June 3, 2023, 7:40 pm
0
8
Southwoods nails Seniors’ Fil golf crown

The United States, Japan and South Korea aim to share North Korean missile warning data before the end of 2023,...

Read more

Twitter safety exec quits after strife on anti-trans video

byAFP
June 3, 2023, 7:30 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Twitter’s head of trust and safety confirmed she had quit the company, her departure coming after owner Elon Musk endorsed...

Read more

Angkas reaffirms commitment to commuter safety with 24/7 emergency accident fund

byThe Standard
June 3, 2023, 4:56 pm
0
8

The country’s top motorcycle taxi hailing app Angkas, reaffirmed its long standing commitment to passenger safety and security through its...

Read more

Experts warn bird flu virus changing rapidly in largest ever outbreak

byAFP
June 3, 2023, 2:16 pm
0
8
Rapper Drakeo the Ruler fatally stabbed at LA festival

The virus causing record cases of avian influenza in birds across the world is changing rapidly, experts have warned, as...

Read more

Erdogan to be sworn in for third term as Turkish president

byAFP
June 3, 2023, 1:00 pm
0
8
Erdogan to be sworn in for third term as Turkish president

President Recep Tayyip Erdogan is set to be sworn in on Saturday as head of state after winning a historic...

Read more

Print Edition

View More

Recent Posts

  • Top guns back in hunt at ICTSI Valley
  • World’s only Tiananmen museum opens in NYC
  • US, Japan, Sokor to share N. Korea missile alert data
  • Twitter safety exec quits after strife on anti-trans video
  • Rising band drops new EP featuring own take on APO classic hit
  • Idol PH’s Misha debuts with emotional single ‘Damdamin’
  • Experience the hottest series with ‘Netflix on Us’
  • Young entrepreneur dabbles into banana processing

Advertisement

Latest News

Idol PH’s Misha debuts with emotional single ‘Damdamin’

byManila Standard Showbiz
June 3, 2023, 7:10 pm
0
8
Idol PH’s Misha debuts with emotional single ‘Damdamin’

Misha de Leon, a former contestant from Idol Philippines season 2, showcases her beautiful and soulful voice in her debut...

Read more

Experience the hottest series with ‘Netflix on Us’

byNickie Wang
June 3, 2023, 7:00 pm
0
8
Experience the hottest series with ‘Netflix on Us’

May is not only known for its scorching temperatures, but it also signifies the start of the rainy season. However,...

Read more

Young entrepreneur dabbles into banana processing

byOthel V. Campos
June 3, 2023, 6:50 pm
0
8
Tower builder and telecom firm connect for greater digital connectivity

More millennials and Gen Zs aim to be the captain of their own ship as they see the value of...

Read more

First Gen, farmers agree to reforest Pantabangan watershed

byManila Standard
June 3, 2023, 6:40 pm
0
8
Tower builder and telecom firm connect for greater digital connectivity

Clean energy provider First Gen Corporation and 4 farmers’ organizations in Pantabangan, Nueva Ecija, embarked on a reforestation project involving...

Read more

PHINMA CSR project benefits schoolchildren of Polilio, Quezon

byManila Standard
June 3, 2023, 6:30 pm
0
8
Tower builder and telecom firm connect for greater digital connectivity

Union Galvasteel Corporation (UGC), a PHINMA subsidiary under its Construction Materials Group, supported GMA Kapuso Foundation in its project to...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App