5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Senator files resolution seeking Senate probe of spiraling food prices

by
July 14, 2025
in Stock
0
Senator files resolution seeking Senate probe of spiraling food prices
INDIVIDUALS shop for food items inside a supermarket in Quezon City, Jan. 16. — PHILIPPINE STAR/ MIGUEL DE GUZMAN

A PHILIPPINE senator has filed a resolution urging a Senate investigation into the continued surge in food prices, citing the persistent burden on Filipino consumers, especially the poor.

“There is a need to review the effectiveness of existing policies, programs and interventions to address the rising cost of food, identify systemic gaps and recommend appropriate legislative and administrative measures,” Senator Francis Pancratius “Kiko” N. Pangilinan said in a statement on Monday.

Senate Resolution No. 5 dated July 8 calls on the Senate agriculture committee to conduct an inquiry into the high prices of food and basic agricultural commodities.

The aim is “to recommend measures to ensure the affordability of food, food security, and protect Filipino consumers,” Mr. Pangilinan said.

“In recent months, prices of essential food items including rice, vegetables, fish, meat and other agricultural products have significantly increased, placing an undue burden on Filipino families, particularly the poor and vulnerable sector,” the senator noted.

He attributed the rise in local food prices to several factors such as supply chain disruptions, high production and transportation costs, import constraints, hoarding, profiteering and climate-related effects on local agriculture.

Despite measures by the government to stabilize food prices, many Filipinos continue to experience limited access to affordable food, Mr. Pangilinan said.

Citing a June 28 survey by Social Weather Stations (SWS), he said the number of Filipinos who experienced involuntary hunger at least once in the past three months rose to 20%, up from 19.1% in April 2025.

The survey also found regional disparities in hunger incidence, with Mindanao posting the highest rate at 26.3%, followed by Metro Manila at 20.3%, the Visayas at 19.7%, and Luzon at 17%.

“The rise in hunger rates reflects the growing difficulty many Filipinos face in accessing food,” Mr. Pangilinan said, stressing the urgency of addressing the problem through legislative and policy interventions.

To curb inflation and stabilize food prices, the Philippine government has implemented several measures, including farm imports to augment local supply, targeted subsidies for farmers and strengthened monitoring of market prices.

However, these efforts have had limited impact, as staple goods such as rice remain expensive for many households.

President Ferdinand R. Marcos, Jr. pledged during his 2022 campaign to bring rice prices down to P20 per kilo.

But the early years of his administration have instead seen a steady increase in the price of the staple, drawing criticism from consumers and lawmakers alike.

Mr. Pangilinan said a comprehensive review of agricultural policies and food security measures is crucial to developing long-term solutions to rising food costs. — Adrian H. Halili

Previous Post

Senate urged to proceed with Duterte impeachment trial despite SC orders

Next Post

Philippines seeks P11.1 million from China over Thitu Island coral damage

Next Post
Philippines seeks P11.1 million from China over Thitu Island coral damage

Philippines seeks P11.1 million from China over Thitu Island coral damage

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Jeremy Clarkson slams regulators as ‘most expensive’ Hawkstone beer advert is banned

    Jeremy Clarkson slams regulators as ‘most expensive’ Hawkstone beer advert is banned

    July 14, 2025
    How the law shapes the reality for motorcyclists after serious injuries

    How the law shapes the reality for motorcyclists after serious injuries

    July 14, 2025
    How The Canadian Academy of Osteopathy Is Reshaping Osteopathic Education

    How The Canadian Academy of Osteopathy Is Reshaping Osteopathic Education

    July 14, 2025
    30 manufacturing projects in the works

    30 manufacturing projects in the works

    July 14, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.