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MANILA, Philippines — President Ferdinand “Bongbong” R. Marcos Jr. revealed an alternative plan on Thursday to lower rice prices amid calls to amend the Rice Tariffication Law. (RTL). “Well, I don’t want to preempt the bicameral committee but…
CEBU CITY, Philippines — Summer’s scorching heat is tough, but are you paying too much for bottled water? The Department of Trade and Industry (DTI) cautions consumers to watch out for inflated prices when purchasing bottled water.…
MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram…
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for…
MANILA, Philippines — President Ferdinand Marcos Jr., the concurrent chief of the Department of Agriculture (DA), is attributing the high price of rice in the market to expensive farmgate costs and importation. In a statement released by…
MANILA – A big price hike awaits motorists as oil companies announced they are increasing their pump prices by up to P2.10 per liter effective Tuesday, July 18. In separate advisories, local oil companies said the price…
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, June 27. Oil climbs on concerns Russia political issues may impact supply Oil prices rose…
The Bureau of Plant Industry (BPI) is exploring ways to counter the rising retail prices of onion in the markets, including importation. Jose Diego Roxas, spokesperson for the BPI, told the Inquirer in a text message that the agency…
MANILA -Three major, local business groups are seeking a compromise to the planned P150 across-the-board daily wage hike in the Senate, including the exemption of local firms engaged in direct exporting, as well as a “graduated” implementation…
Selling prices of some rice and pork products went up significantly in certain stores as of early April, data from the Philippine Statistics Authority (PSA) showed. In a report, the PSA said the average retail price of…
MANILA, Philippines — The price of China’s Sinovac vaccine to be sold to the Philippine government should no longer remain confidential, Senate Minority Leader Franklin Drilon said Monday, citing the public’s right to information. “You have the…
MANILA, Philippines — The Department of Trade and Industry (DTI) on Tuesday asked bicycle and computer / gadget retailers and sellers to only impose “reasonable” increases in its prices. DTI Undersecretary Ruth Castelo issued the appeal and…
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