‘Don’t overprice,’ Cebu City Markets Operation head warns vendors

Wenilyn Sabalo 04/05/2023

CEBU CITY, Philippines — An official of the Cebu City Markets Operation Division (MOD) advised the public to report to the Cebu City Market Authority vendors who will be overpricing binignit ingredients and other market products. Engr. Robert…

House bill seeks P750 pay hike for private sector workers

Gabriel Pabico Lalu 03/14/2023

MANILA, Philippines — A bill proposing a P750 across-the-board hike in the daily wages of private sector employees to help them cope with the high prices of commodities was filed before the House of Representatives on Monday…

DA rolls out loan program for onion farmers

Jean Mangaluz 03/04/2023

MANILA, Philippines — Following an onion crisis that saw both consumers and producers struggle, the Department of Agriculture (DA) launched a special loan program for farmers, said the agency on Friday. During the final quarter of 2022,…

PiTiK: Good news and bad

Cielito F. Habito - @inquirerdotnet 01/31/2023

With the release of fourth-quarter data on gross domestic product (GDP) last week, it’s worth doing another “PiTiK test” on the Philippine economy. Like the way people often test fruit for ripeness or materials for durability with…

The problem with eggs

Cielito F. Habito - @inquirerdotnet 01/24/2023

Eggs are the latest farm commodity to see significant price hikes, at a time when onions continue to be priced at scandalous levels that even exceed meat prices. Sugar prices remain at abnormally high levels, even as…

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…

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