Trade and Industry Secretary Ramon M. Lopez is not considering any price increase on basic necessities and prime commodities while big retailers also opposed price hikes as the economy is in recession. “We have not considered any price increase,” said Lopez as he clarified that although there...
For the first time in the reporting of the Bangko Sentral ng Pilipinas’ (BSP) Residential Real Estate Price Index (RREPI), residential property prices fell in the third quarter by 0.4 percent year-on-year due to weak demand brought on by the COVID-19 pandemic. On a quarter-on-quarter basis, RREPI...
PUREGOLD Price Club Inc. continues its commitment to innovate and break new grounds with the launch of the pilot episode of The Puregold Channel’s newest talk show titled Sabado Bago Live which will stream live on Puregold’s official Facebook Page. From the newest highlights in brand marketing...
As many consumers are still reeling from the impact of super typhoon Rolly, the oil companies offer some bit of good news as the price of diesel will be on rollback by P0.85 per liter; while gasoline prices will be slashed by P0.80 per liter this week. For kerosene, which is a commodity that will...
Consumers’ pockets will experience heftier cash relief next week as oil prices are anticipated to be on a substantial rollback of P0.75 to P0.90 per liter for gasoline; and P0.80 to P0.90 per liter for diesel. MB file photo. (Mark Balmores) For kerosene, the price of this commodity is also...
Implementing a price freeze on Noche Buena products is not possible, according to the Department of Trade and Industry. “Price freeze is not possible for Christmas products because these are neither basic nor prime,” said DTI Undersecretary Ruth B. Castelo. (MANILA BULLETIN)...
Consumers will have to brace for mixed adjustments on pump prices next week, with diesel prices seen rising by P0.35 to P0.45 per liter; while gasoline will be on rollback of P0.10 to P0.20 per liter. Kerosene, which is another commodity utilized in some Filipino households and also for key...
The Bangko Sentral ng Pilipinas (BSP) said that residential property prices increased by 27.1 percent year-on-year in the second quarter, the highest growth rate recorded by its Residential Real Estate Price Index (RREPI) since it started in 2016. (Photo credit: http://www.bsp.gov.ph) The RREPI,...
Gasoline prices at the pumps are anticipated to go up by P0.50 to P0.65 per liter next week, based on the result of trading in the world market last week. For diesel, consumers’ pockets may still experience respite as there might be no change in the cost of the commodity or there could just be a...
