The national government should prepare for a potential increase in domestic oil prices after global prices surged on Monday following Saudi Arabia and other OPEC+oil producers' decision to further reduce oil output by 1.16 million barrels per day, Sen. Sherwin Gatchalian said on Tuesday, April 4....
The recent “provocative and unsafe” behavior of the Chinese Coast Guard against the Philippine Coast Guard (PCG) in the contested waters of the South China Sea, in an area that’s part of Manila’s exclusive economic zone (EEZ) and continental shelf, could prompt the US to its invoke a...
BRUSSELS, Belgium -- European Union member states, the Group of Seven industrialized countries and Australia said Friday that they have reached an agreement on price caps for Russian petroleum products. The move is the latest part of an international push to limit Russian President Vladimir Putin's...
CALASIAO, Pangasinan – Small onions were sold at P50 per kilo in this town on market day on Thursday, Jan. 26. Vegetable vendor Baby Doloque, 52, a resident of Tocok West, Bayambang, purchased onions from a farm in San Gabriel, Bayambang and was immediately sold out. This was the commodity’s...
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...
Price freeze on basic necessities and prime commodities is in effect in several areas in the country affected by the incessant rains, resulting in the declaration of state of calamities (SOC), the Department of Trade and Industry (DTI) announced. The areas covered in the price freeze are located in...
The price surge on onions is a big headache for Filipinos, but it's a solvable problem. (Unsplash) Albay 2nd district Rep. Joey Salceda made this assertion on Monday, Jan. 23 a few hours after the House Committee on Ways and Means held a inquiry on the state of agricultural smuggling in the...
It's the House of Representatives' turn to look into the controversial onion price surge on Wednesday, Jan. 25. Onions at a Quezon City mall (Ellson Quismorio/ MANILA BULLETIN) This, as the Committee on Agriculture and Food chaired by Quezon 1st district Rep. Mark Enverga will hold a briefing on...
With the skyrocketing price of onions taking a toll on consumers, various government functionaries are dipping their hands into the crisis in a bid to address the problem. The Office of the Ombudsman recently announced it is investigating the issue, while the Senate recently conducted an inquiry...
The Department of Trade and Industry (DTI) will convene the National Price Coordinating Council (NPCC) upon the arrival of Secretary Alfredo E. Pascual from the World Economic Forum in Davos to craft recommendations to tackle the “onion crisis” in the country. DTI Undersecretary Ruth B. Castelo...
CALASIAO, Pangasinan – The price of onions has dropped to P300 from P500 per kilo here. Restaurants serving the popular delicacy “pigar pigar” were elated over the chance to buy onions at this price for the first time in several months during market day here on Thursday, Jan. 12. "Noong Lunes...
Trade and Industry Secretary Alfredo E. Pascual said prices and supply of basic manufactured goods in supermarkets have remained stable as he kickstarted the agency’s price monitoring and inspection efforts with more vigor this 2023. Pascual went on his first “Ikot Palengke” for the year on...
