The government is now one step away from imposing a price ceiling of ₱50 per kilo on imported rice after the proposed policy received the recommendation of the interagency National Price Coordinating Council (NPCC). In a statement on Thursday, March 26, NPCC said it is adopting the Department of...
The Department of Trade and Industry (DTI) has introduced a program that would directly link onion farmers, and possibly rice farmers, to institutional buyers and loan assistance to farmers as one of measures to stabilize prices of basic goods in the country. Dubbed “Farmer Retail Market”...
The National Price Coordinating Council (NPCC), which is chaired by the Department of Trade and Industry (DTI), is looking at “legal actions” among possible solutions to soaring prices of onion in the country to protect consumers and improve supply. This developed after DTI Secretary Alfredo E....