Philippine Rice Farmers Caught in Cost-Price Squeeze
Economy

Philippine Rice Farmers Caught in Cost-Price Squeeze

Philippine rice farmers are struggling with high production costs and low farmgate prices, exacerbated by a lack of international competitiveness and domestic distribution issues, deepening rural poverty.

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  • FFCCCII Urges Government Action Amid Economic Woes

    The Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is urging the government to address economic challenges including rising wages, increased import costs due to a weaker peso, high energy and oil prices, and a lack of investment. Declining consumer purchasing power is evident, pushing MSMEs towards closure.