Palay output, or unmilled rice, rose 0.4 percent from the previous quarter to 5.04 million metric tons in the third quarter, the Philippine Statistics Authority (PSA) said. The rice production from July to September was higher than the 5.03 million metric tons recorded in the second quarter. The...
House Speaker Martin Romualdez has threatened to have alleged hoarders of onions and other agricultural goods arrested if they refuse to participate in the congresssional inquiry on the soaring prices of the commodities. House Speaker Martin Romualdez stand up to get his point across during his...
Trade and Industry Secretary Alfredo E. Pascual said prices and supply of basic manufactured goods in supermarkets have remained stable as he kickstarted the agency’s price monitoring and inspection efforts with more vigor this 2023. Pascual went on his first “Ikot Palengke” for the year on...
The Insurance Commission must suspend the implementation of its Circular Letter No. 2022-34, which seeks to increase the insurance premium rates on catastrophes such as typhoons, floods and earthquakes. (Bernard Hermant/ Unsplash) AGRI Party-list Rep. Wilbert T. Lee reiterated this call Sunday,...
Amid the increasing prices of goods and commodities, authorities are now eyeing to extend Kadiwa ng Pasko until early 2023 to help more farmers and consumers who have been directly affected by the present challenges. (Ali Vicoy/Manila Bulletin) In a “Laging Handa” briefing Friday, Dec. 2,...
KPP Powers Commodities (KPP Powers), a Filipino firm engaged in the marketing of veterinary and pharmaceutical products, has acquired the exclusive distributorship of African Swine Fever (ASF) vaccines from Vietnam manufacturer AVAC Vietnam Joint Stock Company (AVAC). The partnership marked an...
Trade and Industry Secretary Alfredo E. Pascual gave an assurance that prices on basic necessities and prime commodities (BNPCs) will not be increased during this Christmas season, but by early next year yet. Pascual made this assurance on Thursday, Dec. 1, after meeting the National Price...
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....
ILOILO CITY – Prices of basic commodities in Western Visayas rose in April this year. A vendor wearing a face shield sells vegetables at a market in Iloilo City. (Tara Yap/File/Manila Bulletin) According to the Philippine Statistics Authority (PSA), inflation in rate in the region has accelerated...
Seven major commodities that are responsible for deforestation are timber, palm oil, soy, cattle, rubber, cocoa, and coffee. A study by an international non-profit environmental organization reveals that among these major drivers of deforestation, palm oil firms are leading in terms of...
