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Gov’t lists 2nd retail dollar bond

The Bureau of the Treasury (BTr) on Wednesday formally listed on the Philippine Dealing and Exchange Board, the second Retail Onshore Dollar Bonds (RDB 2). The BTr said the USD1.26 billion, 5.5-year-issued RDB 2 has a coupon rate of 5.75 percent per a…

More Nueva Ecija farmers sell rice to NFA due to higher prices

More farmers and cooperatives in Nueva Ecija prefer to sell their palay harvest to the National Food Authority (NFA) rather than private traders due to the government’s newly imposed buying prices. Eugenio Balmores, a farmer in Guimba town, Nueva Ecij…

price cap stabilized rice prices – PBBM

A kung mayroon ng (that violations of the law will not be tolerated, especially if there are) allegations of manipulation, speculation, profiteering,’ Ricafort said. ‘So, paminsan-minsan, kailangan mag-step in, kahit malaya iyong market forces, eh iyo…

Local rice prices may drop to P36/kg this October: DA

Retail prices of local rice are seen to drop to at least PHP36 per kilogram before the end of October, an official of the Department of Agriculture (DA) said Thursday. ‘In retail, the price will be PHP36 to PHP38 before the end of the month. It’s beca…