EIA May STEO: Hormuz Assumptions Now Determine Whether Brent Ends 2026

The EIA's May 2026 STEO places Brent crude at USD 106 for May-June, with global inventory draws running at 8.5 million barrels per day across the second quarter.

Lights Out: How The Luzon Grid Cracked Under A Week Of Relentless Heat

Three days of red alerts. Nearly 3 million Meralco customers left in the dark — and counting.

Vietnam Electricity Activates Dry-Season Contingency Framework

Vietnam's national grid hit 51,691 MW on April 7, a 12-percent year-on-year peak, as EVN activates dry-season contingency plans under compound demand and fuel supply pressure.

PLN Energizes West Java’s Largest Industrial Power Connection

PLN energized PT Indah Kiat Karawang Mill at 250 MVA via a dedicated 150 kV transmission line.
SEND TO: pressreleases@pageonemedia.ph

Bangko Sentral Ng Pilipinas Exec Says Kadiwa Important Measure Vs. Food Insecurity

The Bangko Sentral Ng Pilipinas sees the positive impact of Kadiwa stalls in food security, supporting its future implementation nationwide.


Bangko Sentral Ng Pilipinas Exec Says Kadiwa Important Measure Vs. Food Insecurity

9
9

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

A member of the Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) on Tuesday emphasized the importance of the Department of Agriculture’s Kadiwa program in addressing food insecurity suffered by depressed communities and groups.

MB member Bruce Tolentino said the rollout of the government’s Kadiwa stores in the country is a “welcome” effort, especially at a time when inflation remains uncertain.

He explained that the Kadiwa program plays an important role in the lives of Filipinos in need, especially those adversely affected by increasing price of food and basic commodities.

“I would like to clarify that the Kadiwa program is in fact an important measure as it quickly responds to the food insecurity suffered by depressed communities and groups and is also a useful measure to introduce high nutrient foods to malnourished populations,” Tolentino said in a statement.

“And if it is expanded, hopefully the (Marcos) administration will find a way to achieve its vision of giving Filipino farmers, fisherfolk and MSMEs (micro, small and medium enterprise) an opportunity to generate more income through direct farm-to-consumer trade through the program,” Tolentino said.

Tolentino made the clarification after he was quoted in news reports raising concerns over the unsustainability of the program in the long-run.

Tolentino said if the program is expanded, the government should find a way to “achieve its vision” of giving Filipino farmers, fisherfolk, as well as micro, small and medium enterprises (MSMEs) an opportunity to generate more income through direct farm-to-consumer trade through the program.

The Kadiwa is a farm-to-consumer market chain program of President Ferdinand R. Marcos Jr. that eliminates intermediaries, allowing local producers to sell directly to consumers at affordable prices.

There are already more than 300 Kadiwa stores nationwide. (PNA)