The Marcos administration is on the verge of declaring a food security emergency as rice prices remain stubbornly high despite government efforts to alleviate the situation. The National Price Coordinating Council (NPCC) approved a resolution on Thursday, Jan. 16, urging the Department of...
The Department of Trade and Industry (DTI) will convene the National Price Coordinating Council (NPCC) upon the arrival of Secretary Alfredo E. Pascual from the World Economic Forum in Davos to craft recommendations to tackle the “onion crisis” in the country. DTI Undersecretary Ruth B. Castelo...
A total of 195 shelf keeping units (SKUs) or product variants of Noche Buena products have raised prices with almost half increased their prices by more than 10 percent and the rest with minimal hikes of one to 10 percent on higher cost of imported and local materials, packaging and overhead costs....