Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. has ordered inspections of onion cold storage facilities across the country to curb potential hoarding and price manipulation. Laurel announced on Monday, Feb. 24, that the Bureau of Plant Industry (BPI) will take charge of these...
The Department of Agriculture (DA) is exploring the prospect of buying pork and directly selling the commodity to retailers, allowing the agency to cut through potential layers of profiteering as pork prices continue to rise. DA Secretary Francisco Tiu Laurel recalled that during his meeting with...
The Department of Trade and Industry-Palawan has imposed a 60-day price freeze on basic necessities in Puerto Princesa City, Palawan after a state of calamity was declared due to severe effects of heavy rain and flood caused by the shear line. The DTI reminded business establishments to comply with...
The Department of Agriculture (DA) is still studying the potential of implementing a maximum suggested retail price (MSRP) on pork as the agency investigates the possibility of profiteering. Agriculture Secretary Francisco Tiu Laurel said the MSRP will be imposed once profiteering has been...
The Department of Agriculture (DA) will reduce the maximum suggested retail price (MSRP) of imported rice from ₱58 to ₱55, effective on Wednesday, Feb. 5. The price reduction is part of the DA’s ongoing efforts to stabilize rice prices and alleviate inflationary pressures on basic...
Quezon 1st district Rep. Mark Enverga (left), Marikina City 2nd district Rep. Stella Luz Quimbo (PPAB) Solons blasted the Department of Agriculture (DA) for insisting on the hefty maximum suggested retail price (MSRP) of P58 per kilo...
Motorists can finally breathe a sigh of relief with the year's first fuel price rollback. Effective Tuesday, Jan. 28, gasoline prices will decrease by P0.80 per liter, diesel by P0.20, and kerosene by P0.50. Several oil companies, including Shell Pilipinas, Seaoil, and CleanFuel, have already...
Following weeks of rises, fuel prices are expected to decrease by the end of January; yet, this will not sufficiently offset the recent surges in cost. Based on the four-day trading Means of Platts Singapore (MOPS), along with the forex average and recent activities in the global market, gasoline...
(Ali Vicoy/ File photo/ MANILA BULLETIN) Former Bayan Muna Party-list Rep. Carlos Zarate slammed local oil companies on Monday, Jan. 20 for their imminent "big time" price hike reaching as high as P2.80 per liter on pump fuel prices. "Kala mo...
Motorists will likely face tighter budgets this week as oil prices are set for another increase. Effective Tuesday, Jan. 20, gasoline prices will increase by P1.65 per liter, diesel by P2.70 per liter, and kerosene by P2.50 per liter. Major fuel companies, including Shell Pilipinas, CleanFuel, and...
Starting next month, the Department of Trade and Industry (DTI) will implement a price hike on 63 items under basic necessities and prime commodities (BNPC) due to mounting pressure from manufacturers. Fuel prices are also poised for a hefty surge next week, with analysts predicting an increase of...
Brace yourselves for a shock at the gas station as fuel prices are poised for a hefty surge next week, with analysts predicting an increase of over P2 per liter for diesel. Based on four days of trading on the Means of Platts Singapore (MOPS), along with movements in the international oil market,...
