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DTI notes 50-centavo spike on price of canned goods

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Slight increase on price of canned goods and other basic goods have been incurred due to the congestion in the Manila International Container Port (MICP) and the strict implementation of the truck ban in the City of Manila, according to Department of Trade and Industry (DTI) Consumer Protection Group Undersecretary Vic Dimagiba in an interview over Radyo Inquirer 990 AM on Friday.

Posted: August 9th, 2014 in Latest Business Stories | Read More »

Price of rice spikes despite continued NFA importation

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INQUIRER FILE PHOTO

Government efforts failed to counter the continued increase of the price of commercial rice, as revealed by the latest data released Monday by Philippine Statistics Authority- Bureau of Agricultural Statistics (PSA-BAS).

Posted: August 6th, 2014 in Latest Business Stories | Read More »

500,000-ton hike in rice imports set

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The National Food Authority is preparing for a second rice importation tender this year, this time for 500,000 tons.

Posted: July 24th, 2014 in Editor's Pick,Headlines | Read More »

PH rice output seen hitting record high

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Philippine rice output in the 2014-2015 marketing season that started this month is expected to reach yet another record volume, even as the global production growth forecast was trimmed due to the looming El Niño phenomenon.

Posted: July 21st, 2014 in Headlines | Read More »

Gov’t urged to apply full force of law vs hoarders

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bam-aquino

Senator Bam Aquino called on the government on Tuesday to apply the full force of the law on hoarders of rice, garlic and other market products, saying they must be “severely punished” for their illegal acts that resulted in sudden prices increases.

Posted: July 8th, 2014 in Latest Business Stories | Read More »

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