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DoF eyes temporary zero tariffs on rice
A store owner complies with the mandated price ceiling of rice at Blumentritt market in Manila. — PHILIPPINE STAR/EDD GUMBAN By Luisa Maria Jacinta C. Jocson, Reporter THE DEPARTMENT of Finance (DoF) is proposing to temporarily slash […]
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Gov’t may launch dollar RTB offer this month
REUTERS THE GOVERNMENT may push through with the launch of its US dollar retail Treasury bond (RTB) offer this month, National Treasurer Rosalia V. de Leon said. “We’re monitoring the markets right now. We’re conducting financial literacy […]
Rice crisis in the Philippines sounds a global inflation alarm
SURGING RICE PRICES in the Philippines could be a warning sign for other major importers of the food staple as the fallout from India’s export restrictions continues to reverberate across Asia and West Africa. Rice inflation in the Southeast Asian nation increased at the fastest pace in almost five years […]