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...
Consumers will have lighter financial burden this week as the price of diesel product will be on a hefty rollback of P3.00 per liter, while gasoline will also be reduced by P2.10 per liter. For kerosene, which is the base for aviation fuel and also an essential commodity for other industries and...
A House leader has renewed his call for the automatic suspension of excise taxes on fuel amid the successive pump price hikes last month. (Ali Vicoy/ File photo/ MANILA BULLETIN) By way of House Bill (HB) No. 5176, Camarines Sur 2nd district Rep. LRay Villafuerte wants to make permanent the...
Budgets among Filipino households need upward adjustment with the “super spike” in liquefied petroleum gas (LPG) at P11.18 to P11.20 per kilogram (kg). As announced by industry players, the price of standard 11-kilogram tank which is the typical size being purchased for home cooking will...
Medicines (File Photo) Amid the increasing cost of some basic commodities in the Philippines, the prices of medicines in the country remain stable, the Department of Health (DOH) said. This was based on the recent monitoring of medicine prices in December last year, said DOH Officer-in-Charge Maria...
In a bid to reduce the “unreasonable” egg prices in the country despite ample supply, President Ferdinand “Bongbong” R. Marcos Jr., who concurrently heads the Department of Agriculture (DA), has directed DA Undersecretary Domingo F. Panganiban to meet with egg producers and traders to find...
Go Negosyo Founder Jose Ma. "Joey" Concepcion III expects to see lower prices of commodities by middle this year middle with prices of oil going down, paving for a “very good” 2023. In a television interview, Concepcion said that the increased interest rate imposed by the US and followed by...
Red onions (Photo courtesy of Pixabay) Caritas Philippines urged the government to provide additional support to farmers amid the high prices of onions in the market. The humanitarian and advocacy arm of the Catholic Church made the statement as prices of local red onions now ranged between P500 to...
Makabayan solon ACT Teachers Party-list Rep. France Castro has expressed sadness and anger over the reported suicide of five farmers of white onions from Bayambang, Pangasinan. ACT Teachers Party-list Rep. France Castro (Screenshot from Zoom meeting) Castro, a deputy minority leader, was referring...
Motorists using gasoline will need to earmark higher budget this week for their vehicle refueling, while diesel is slightly lower. In pricing notices sent to the media, oil companies stated that the price of gasoline will climb by P0.95 per liter while diesel prices at the pumps will increase by...
Mixed oil price adjustments on Tuesday By MYRNA M. VELASCO There will be mixed bag of adjustments that consumers will experience at the pumps next week with slight increases for gasoline and diesel, while kerosene products may incur marginal rollback, according to industry players. Based on...
Is there a "cartel" in the local onion industry? Onions in a Quezon City supermarket, and Marikina City 2nd district Rep. Stella Quimbo (Ellson Quismorio/ MANILA BULLETIN) This is the question Marikina City 2nd district Rep. Stella Quimbo wants answered in House Resolution (HR) No. 681, which she...
