HOWZ-E-MADAD, Afghanistan -- While the economy teeters on the brink of collapse, vendors at an opium market in southern Afghanistan say prices for their goods have skyrocketed since the Taliban takeover. Opium vendors and buyers chat over green tea around sacks of opium and hashish (AFP) Plunging...
The Philippines is seen importing more rice in the coming months amid expectations of improving economic conditions despite the prolonged pandemic. 34306 In the updated forecast of US Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) here in Manila (Post), the Philippines rice...
Palay prices in some parts of the country have dipped below the production cost, but the worst is yet to come for rice farmers. Based on the initial survey by Federation of Free Farmers (FFF), palay prices in some parts of the country, including Pangasinan, Tarlac, Mindoro Occidental, Negros...
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...
