Favor Farmers for Philippines' Food Security
Economy

Favor Farmers for Philippines' Food Security

Prioritizing domestic farmers is crucial for securing the future food security of the Philippines, especially concerning tariff levels for pork producers. This decision directly impacts farmers' livelihoods and the nation's food supply.

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  • DA Chief Urged to Take Leave Amid Rice Import Probe

    The Federation of Free Farmers urged Philippine Department of Agriculture Secretary Francisco Tiu Laurel Jr. to take a leave of absence during an investigation into alleged illegal rice imports worth P395 million. The Bureau of Customs seized 312,000 bags of Vietnamese rice.

  • Peso breaches P63:$1, hits record low vs dollar

    The Philippine peso breached the P63:$1 level for the first time on Thursday, hitting a fresh record low against the US dollar amid renewed tensions in the Middle East. This signals potential vulnerabilities in the Philippine economy.

  • Lacson: P11-M budget for impeachment trial more than enough

    Senator Panfilo Lacson stated that the remaining budget for the Vice President's impeachment trial is P11 million, which is more than sufficient to cover the proceedings. This amount is part of the P25.7 million continuing appropriation, after approximately P2 million has already been spent.

  • Philippine Peso Hits Record Low Below P63 Against US Dollar

    The Philippine peso fell to a record low of P63.15 against the US dollar on Thursday, October 17, amid renewed tensions in the Middle East. This marks a significant depreciation, raising concerns about its economic implications.