Senator Mark Villar, chairman of the Senate Committee on Trade, Commerce, and Entrepreneurship, joined the Department of Trade and Industry (DTI) headed by Secretary Alfredo Pascual in a price monitoring activity of Noche Buena items in one of the grocery stores in Divisoria market in Manila....
Baguio City lone district Rep. Mark Go (Facebook) A congressman has appealed to oil companies to bring down their fuel prices in Baguio, as he noted that the high fuel prices haven taken its a toll on consumers. In a House Committee on Energy...
Cosco Capital Inc., the retail holding firm of tycoon Lucio L. Co, reported a modest 4.8 percent improvement in consolidated net income to P9.1 billion in the first nine months of 2023 from the P8.7 billion earned a year ago. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Farmers' group Kilusang Magbubukid ng Pilipinas (KMP) on Tuesday, Nov. 7 responded to the recent statement of the newly assigned Department of Agriculture (DA) Secretary Francisco Laurel Jr. on the "inability" of the country to lower down prices of rice to P20 per kilogram in 2023. (Noel...
(Unsplash) Quezon 2nd district Rep. David Suarez says the House of Representatives is committed to the “all-out war” against those involved in agricultural smuggling, hoarding, and price manipulation. Suarez was referring to House Speaker Martin...
President Marcos tasked government agencies to prepare for the "eventual manufacture" of electric vehicles in the country. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting in Malacañang on Oct. 24, 2023. (Photo courtesy of PPA Pool/KJ Rosales) Marcos,...
Retail company Puregold Price Club, Inc. logged a mere 2.1 percent increase in its net income to P6.6 billion in the first nine months of this year from P6.4 billion in the same period in 2022 due to compressed margins and higher operating expenses. In a disclosure to the Philippine Stock...
The Department of Social Welfare and Development's (DSWD) distribution of financial assistance for small rice retailers and sari-sari store owners has ended on Oct. 20. “A total of 26,266 micro-retailers and sari-sari store owners benefitted from the SLP (Sustainable Livelihood Program) receiving...
Consumers’ financial pain would be back at the pumps this week as the price of diesel products will rise by P1.30 per liter, while gasoline products will also escalate by P0.95 per liter, according to the pricing adjustment advisories of the industry players. Kerosene, which is the other...
Filipino consumers will brace for new wave of roller coaster ride of hefty price hikes at the oil pumps next week, with diesel rising by as much as P1.20 to P1.70 per liter, based on the calculation of the oil firms. For gasoline products, this will also increase by P0.85 to P1.35 per liter; while...
The Philippine Statistics Authority (PSA) reported that the average price of well-milled rice dropped in mid-September but still exceeded the government-mandated cap of P45. Based on PSA latest price situationer report, a kilogram of well-milled rice at the national level amounted to an average...
The first ever talk between members of the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) might mitigate oil price fluctuations that have been experienced by the Philippines during the past two years. Department of Foreign Affairs (DFA) Assistant Secretary...
