Fuel prices drop by P1.85 per liter in Cebu City gas stations on Dec. 12

Niña Mae Oliverio and Rashe Zoe Sophia Piquero 12/12/2023

CEBU CITY, Philippines — A big rollback on the prices of three fuel products has been implemented on Tuesday, December 12. In separate advisories, local oil firms announced the cut in the price of gasoline by P1.60…

DA: More onion imports coming to stop ‘absurd’ price hike

Jordeene B. Lagare 12/02/2023

The Department of Agriculture (DA) has allowed the importation of onions to ensure enough supply and avoid a repetition of onion prices absurdly jacking up during the holiday season last year. The Bureau of Plant (BPI) in…

Bongbong Marcos orders price caps for rice at P41 to P45 per kilo

Jean Mangaluz 09/01/2023

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has ordered price caps for rice amid soaring commodity prices. The price ceiling for regular milled rice is set at P41 per kilogram, while the cap for well-milled rice…

Rice prices surge as production costs rise

Jordeene B. Lagare 06/24/2023

Despite having enough rice supply, retail prices of the country’s staple food in Metro Manila have jacked up by about P2 per kilogram as farmers face increased production costs. In an interview, Agriculture Assistant Secretary Kristine Evangelista…

‘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…

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