As August inflation rises to its fastest rate since January 2019, Senator Francis Pangilinan urged the proper implementation of Sagip Saka Act, which he said is one of the ways that could help stabilize food prices especially amid the prevalence of the pandemic. “With the rise in prices, the...
Consumer prices quickened at a much faster pace last month due to costlier food items. Vegetable seller The Philippine Statistics Authority (PSA) reported Tuesday, Sept. 7, that headline inflation clocked in at 4.9 percent in August, faster than the 4.0 percent seen in the previous month and 2.4...
Motorists filling up their vehicles with diesel products will feel the brunt of pump cost adjustments to a greater degree this week, as the price of this commodity will rise by P0.95 per liter, according to the price adjustment notices sent by the oil companies. oil pumps photo The price of...
The Department of Trade and Industry (DTI) urged manufacturers to consider calls not to increase the prices of Christmas products in the country this year. (Photo via Unsplash) "Panawagan sa manufacturers baka gusto nila na wag munang gumalaw ng presyo for Christmas products this year or kung...
JAKARTA, Indonesia -- Indonesian President Joko Widodo has ordered to cut the test prices of the Reverse Transcription Polymerase Chain Reaction (RT-PCR) to a range between 450,000 rupiahs (some 31.24 U.S. dollars) and 550,000 rupiahs from the previous maximum of 900,000 rupiahs set by the Health...
Consumers can benefit from slight reduction in pump prices this week, with diesel prices getting trimmed by P0.30 per liter; and kerosene had been down by P0.40 per liter. 26574 There was also expectation of at least P0.20 to P0.25 per liter rollback in gasoline prices, but that was wiped out by...
A member of the House of Representatives on Thursday, August 12, chided the Department of Agriculture for supposedly favoring imported pork products sold in supermarkets over local produce. Department of Agriculture Secretary William Dar (Photo courtesy of the DA) Gabriela Women's Party...
Officials on Tuesday, August 10, expressed confidence that prices of pork will stabilize after the government allowed more imports into the Philippines. (Keith Bacongco/MANILA BULLETIN File Photo) During the sixth inquiry of the House of Representatives on the spike in the prices of goods,...
The National Economic and Development Authority (NEDA) said the government is ensuring stable and affordable food prices amid the implementation of the enhanced community quarantine (ECQ) in Metro Manila and stricter quarantines throughout the country. Screen Shot 2021-08-06 at 1.42.20 PM In a...
After successive eight weeks of price hikes, prices at domestic petroleum pumps will finally be eased with rollbacks next week in the range of P0.65 to P0.95 per liter across products. Based on the calculation of the oil companies, gasoline prices will likely be trimmed by P0.85 to P0.95 per liter;...
Filipino motorists will suffer another round of price hikes on their fuel consumption this week -- and this is already the third batch of increases for this month. 20369 As announced by the oil companies, gasoline prices will be up slightly by P0.10 per liter; while diesel and kerosene prices will...
Senator Francis Pangilinan on Sunday, July 18 expressed dismay that pork prices remain high despite the lower tariff on imports, saying the government should restore to its original 20 to 30 percent levels to help hog raisers recover from the African swine fever. “It’s been three months since...