By now, actuality could have lastly kicked in realizing that decreasing rice costs to P20 per kilogram is as elusive as discovering one’s soulmate.
Nevertheless it looks as if the Marcos administration just isn’t giving up on that bold purpose.
“Patuloy naming adhikain ang P20, so dahan-dahan (That is still our aspiration. We’ll get there slowly),” Agriculture Assistant Secretary Arnel de Mesa mentioned whereas recognizing the varied challenges of reducing the staple meals’s retail costs.
However is it doable that this could nonetheless occur throughout President Marcos’ time period? De Mesa, who can be spokesperson of the Division of Agriculture (DA), mentioned: “Titingnan natin (We’ll see).”
Recall that the President made this promise throughout his marketing campaign in 2022.
Quick ahead to June 14, promoting costs vary from P45 to P52 per kilo for native common milled rice and P48 to P55 per kilo for native well-milled rice, in response to the DA’s value monitoring. A yr in the past, the common milled value was promoting at P34 to P43 per kilo, whereas well-milled rice was P38 to P46 per kilo.
Imported common milled rice, which was not but accessible final yr, is at the moment offered at P48 to P51 per kilo. Imported well-milled rice at present ranges from P52 to P55 per kilo, additionally larger than final yr’s costs of P40 to P46 per kilo.
A promise is a promise, however one will also be categorized as a “marketing campaign” promise.
With the price of farm inputs nonetheless excessive, will the federal government be capable to obtain this purpose inside 4 years? Solely time will inform. —Jordeene B. Lagare
Remolona’s signature on banknotes
The banknotes bearing the signature of Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. is now in circulation, protecting the 75-year-old apply alive.
The native forex has borne the signatures of the President of the Republic of the Philippines and the Governor of the Central Financial institution of the Philippines since 1949, or a couple of years after the Japanese occupation of the nation.
The BSP changed the Central Financial institution of the Philippines because the central financial authority. Republic Act No. 7653, or The New Central Financial institution Act, as amended, mandates that Philippine banknotes bear the signatures of the president and the BSP governor.
The banknotes with the specimen signatures of President Marcos and the seventh governor of the BSP embody the next denominations: 20-, 50-, 100-, 500-, and 1000-Piso.
Remolona was appointed as BSP chief in June final yr. —Ian Nicolas P. Cigaral
PH in Japanese agency’s radar
The Philippines is the subsequent funding vacation spot of Japan-based digital advertising and marketing firm Ayudante, which shall be formally establishing an area unit following its current acquisition in Singapore.
A supply conversant in the matter advised Biz Buzz on Wednesday that the Philippine unit shall be beneath Sparkline, the Singapore-based impartial digital advertising and marketing enterprise and pioneering licensed companion and reseller of the Google advertising and marketing platform that Ayudante just lately acquired.
“The corporate at the moment employs a couple of employees within the Philippines through the Sparkline Singapore entity, i.e. as distant staff. It plans to determine an area workplace and register the native entity subsequent yr,” the supply mentioned.
Based in 2013, Sparkline is without doubt one of the first impartial analytics companies in Southeast Asia.
In the meantime, Ayudante is a digital advertising and marketing and digital measurement consulting company, providing providers supporting advertising and marketing and analytics backed by the Google Advertising and marketing Platform, cellular app analytics and improvement, customized information administration platforms, information evaluation, and reporting,
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Ayudante can be Google Advertising and marketing Platform gross sales companion and Google Cloud gross sales companion. —Alden Monzon INQ
