DTI asks noche buena products manufacturers to cap price hike to 10%

Daniza Fernandez - Reporter / @DFernandezINQ 09/23/2022

MANILA, Philippines — The Department of Trade and Industry asked local manufacturers on Friday to limit the increase in the prices of noche buena items to 10 percent. DTI Undersecretary Ruth Castelo made the appeal noting that the prices…

Oil prices going up again on June 28

Beatrice Pinlac - @inquirerdotnet 06/27/2022

MANILA, Philippines —Starting Tuesday, June 28, gasoline, diesel, and kerosene prices will be going up again. In separate advisories issued Monday, Caltex Philippines and Seaoil said they will increase gasoline prices by P0.50 per liter, while a…

RDC-7: 42,000 metric tons of crops lost to Super Typhoon Odette

Wenilyn B. Sabalo 06/26/2022

CEBU CITY, Philippines — At least 42,454 metric tons of crops were lost when Super Typhoon Odette hit Cebu and other parts of the Visayas and Mindanao on December 16, 2021. This was according to the first…

Bouncing back

Cielito F. Habito - @inquirerdotnet 05/24/2022

Now that the first-quarter growth figures are out, I thought I’d take a closer look at how the economy is growing. The report was a surprise to many, as most analysts had expected the gross domestic product…

Available, accessible, affordable food for all

Gary B. Teves - @inquirerdotnet 05/18/2022

Food security, which pertains to the availability, accessibility, and affordability of food, has long been among the top concerns of most Filipinos. Even during periods of abundant harvests, farm produce is hardly accessible or difficult to bring…

Lawmaker warns of rising prices of food, goods

DJ Yap 03/01/2022

MANILA, Philippines — Brace for rocketing prices of food and other basic goods in the next two weeks. Sen. Francis Tolentino issued the warning on Monday as he urged the government’s economic and security clusters to beef…

A changed economy

Cielito F. Habito - @inquirerdotnet 02/08/2022

Two years of the COVID-19 pandemic have fundamentally changed our economy. I came to see the extent of the change upon poring over the latest economic data much more closely than usual. Understanding these changes could help…

Dalaguete farmers reel as oversupply of cabbage causes prices to plunge

Doris Mae Mondragon 04/20/2021

DALAGUETE, Cebu—The biggest risk for vegetable farming is not just with the weather condition but with the demand and supply situation;  a balance between these two are essential to avoid losses and spoilage. But recently, farmers in…

Prices kept low by gov’t fiat don’t work

Solita Callas-Monsod - @inquirerdotnet 02/13/2021

The front-page picture of empty meat market stalls in this newspaper’s Tuesday issue recalled to mind the same scene I witnessed in a market somewhere in China 50 years ago. A group of Filipinos headed by Charito…

DTI-7 begins monitoring supplies for Noche Buena products

Futch Anthony Inso 11/05/2020

CEBU CITY, Philippines—The Department of Trade and Industry in Central Visayas (DTI-7) has already started monitoring  Noche Buena products in malls and supermarkets as Christmas season draws near. Ines Cajegas, chief of the consumer protection division of…

DTI sees no increase in prices of Christmas products

Krissy Aguilar - Reporter / @KAguilarINQ 09/17/2020

MANILA, Philippines — The Department of Trade and Industry (DTI) on Thursday said it is not expecting an increase in the prices of Christmas products because of a slack in demand. But as the holiday season approaches,…

Gasoline prices up, diesel down

05/05/2020

MANILA, Philippines — The price of gasoline went up this week, while the prices of diesel and kerosene went down. In separate advisories, oil companies said that the price of gasoline had gone up by 75 cents…

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