The food security emergency declaration grants the Department of Agriculture the authority to instruct the National Food Authority to distribute buffer stocks to government agencies and local units. This measure aims to curb rising rice prices and shield consumers from further increases.

The Philippines on Monday declared a food security emergency to bring down rice prices, which officials said have remained high despite hefty tariff cuts.

The Department of Agriculture (DA) on Monday declared a food security emergency for rice due to an “extraordinary” spike in rice prices in the country. The declaration, under Department Circular No. 3,

MANILA: The Philippines' Department of Agriculture (DA) on Tuesday (Feb 4) announced its plan to reduce the maximum suggested retail price (MSRP) of imported rice to 55 pesos (0.94 U.S. dollars) per kg from 58 pesos (0.

The Philippines yesterday declared a food security emergency in order to bring down the price of rice, which officials said have remained high despite last year’s cuts to the tariffs on imported rice.

The annual rate of increase in rice prices hit a 15-year high in 2024. The Philippines is among the world’s largest rice importers.

Emergency declaration will help government release buffer stocks to bring down prices, says official - Anadolu Ajansı

Philippine Agriculture Secretary Francisco Tiu Laurel declared a food security emergency on rice on Monday to stabilise the "extraordinary" rice prices in the country, reported Xinhua.

Good day. Here are the stories for The Manila Times for Tuesday, February 4, 2025. Today's episode is brought to you by Wilcon Depot, The Philippines' leading home improvement and construction supplies retailer—your Trusted Building Partner READ: Govt declares food emergency on rice Agriculture Secretary Francisco Tiu Laurel Jr.

Agriculture Secretary Francisco Tiu Laurel Jr. on Monday declared a food security emergency on rice due to “extraordinary” rice in local rice prices.