The Philippines, among the world's largest rice importers, declared on Monday a food security emergency to bring down the cost of rice, which it said has stayed elevated despite lower global prices and a reduction in rice tariffs last year.

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 Philippines' agriculture minister declared on Monday a food security emergency on rice to bring down the cost of the national staple. The declaration will allow the government to release buffer stocks to help bring down retail prices,

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.