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Fisherfolk group urges gov’t to regulate fish prices amid Lent
Fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas on Wednesday urged the government to address the surge in retail prices of fish during the Holy Week......»»
Six food makers withdraw pleas — DTI
The Department of Trade and Industry revealed that six food manufacturers have already inhibited their requests for price adjustments for their products until the end of the year, hoping that other manufacturers will follow suit. “They have already withdrawn the price increase request, and there are six (food manufacturing companies). It influenced other manufacturers and they came to a consensus to temporarily hold the price increase until the end of the year,” Trade Secretary Alfredo Pascual said in a press conference on Wednesday. Products with no price hikes He said the products that will not have price increases until December this year are bottled water, candles, condiments, bread and toilet soap. “We have a meeting with canned sardine manufacturers tomorrow (5 October) because we continue to appeal to them to hold their price increase request,” Pascual said. Pascual said some manufacturers with a wide range of varieties of products have the flexibility to sacrifice profits in some of their low-cost products, while they make recovery on their premium products. Rounding up Further, he said the DTI will not release a new suggested retail price for basic necessities and prime commodities until December 2023. Instead, the agency is contemplating rounding off the cents that are in the prices of the current SRP, emulating the price-rounding mechanism of the Bangko Sentral ng Pilipinas which is aimed at diminishing the proliferation of 25, 10 and 5 cents in the market. “For example, if the current SRP of sardines is at P19.46, we will round it up and we will make it P19.50, a price adjustment of .4 cents. We are studying this scheme,” Pascual explained. Price rounding refers to the policy and/or practice of rounding off the amount due for payment, as opposed to charging the exact amount to the last centavo. The actual cash payment would be rounded up or down to the nearest multiple of the designated coin currency unit under the policy. Across countries, price rounding is implemented in various ways, such as through mutual consent of consumers and retailers, or through a binding legislative act. The post Six food makers withdraw pleas — DTI appeared first on Daily Tribune......»»
6 manufacturers withdraw price raise requests — DTI
The Department of Trade and Industry revealed that six food manufacturers have already inhibited their requests for price adjustments for their products until the end of the year, hoping that other manufacturers will follow suit. “They have already withdrawn the price increase request, and there are six. It influenced other manufacturers and they came to a consensus to temporarily hold the price increase until the end of the year,” Trade Secretary Alfredo Pascual said in a press conference on Wednesday. He said the products that will not have price increases until December this year are bottled water, candles, condiments, bread, and toilet soap. “We have a meeting with canned sardine manufacturers tomorrow (5 October) because we continue to appeal to them to hold their price increase request,” Pascual said. Pascual said some manufacturers who have a wide range of varieties of products have the flexibility to sacrifice profits in some of their low-cost products, while they make recovery on their premium products. Rounding up Further, he said the DTI will not release a new suggested retail price for basic necessities and prime commodities until December 2023 but contemplating rounding off the cents that are in the prices of the current SRP, heeding to the price rounding mechanism of the Bangko Sentral ng Pilipinas aimed in diminishing the proliferation of .25, .10 and .5 cents in the market. “For example, if the current SRP of sardines is at P19.46, we will round it up and we will make it P19.50, a price adjustment of .4 cents. We are studying this scheme,” Pascual explained. Price rounding refers to the policy and/or practice of rounding off the amount due for payment, as opposed to charging the exact amount to the last centavo. The actual cash payment would be rounded up or down to the nearest multiple of the designated coin currency unit under the policy. Across countries, price rounding is implemented in various ways, such as through mutual consent of consumers and retailers, or through a binding legislative act. The post 6 manufacturers withdraw price raise requests — DTI appeared first on Daily Tribune......»»
Manufacturers temporarily forgo price increases — DTI
The Department of Trade and Industry has announced that several manufacturers have temporarily forgone their requests for price increases after Trade Secretary Alfredo Pascual requested them to be mindful of the consumer’s plight amid the skyrocketing prices that they have to endure these days, as a result of their meeting last Thursday afternoon. On 21 September 2023, the DTI convened a meeting with manufacturers of basic necessities and prime commodities, where a total of 29 manufacturers and two associations of canned sardines, coffee, processed milk, bread, salt, detergent, candles, condiments, bottled water, canned meat, toilet soap and batteries participated in the said dialogue. According to DTI Undersecretary Communications and Legislative Affairs Kim Lokin, Secretary Pascual’s meeting with manufacturers went well, as these firms are willing to hold off on a price increase for now. “Although of course, they raised concerns that on the production level, there is indeed an increase in cost. Sec Pascual is very appreciative of the gesture,” she said. Manufacturers assured On the other hand, the Trade chief assured manufacturers that he would also consider their plight, and the need to sustain their businesses and provide jobs. Lokin said the DTI will hold another round of consultations, especially for those who have serious or urgent concerns, which will be on a case-to-case basis. Further, the DTI undersecretary stressed that this does not mean that forgoing the price increase is definite until Christmas. “For now, we can say the manufacturers are willing to hold off any increase for as long as they can. It is difficult to say when they will adjust prices because the cost of raw materials and ingredients used are also subject to market forces. Sec Pascual would have to consider all stakeholders, although of course in his mind, consumers’ needs are paramount,” Lokin stressed. Concerns During the dialogue, manufacturers expressed their concerns about various issues, including the imposition of pass-through fees; lack of local supply of raw materials; the compliance requirements of other government agencies, and other regulatory concerns. As of 19 September 2023, 14 manufacturers of 46 Stock Keeping Units covering 10 categories of BNPCs requested retail price adjustments due to the high cost of major raw materials, packaging materials, fuel costs, wages, and other costs that affect the production of essential goods. In their statement, the Philippine Association of Meat Processors Inc. said that manufacturers of Noche Buena products decided to absorb the bulk of rising costs. “In our commitment to observing the Christmas spirit and ensuring everyone can enjoy the festival season,” PAMPI said. “We are working diligently to manage rising costs. Production costs have risen by an estimated 10-15 percent, most of these products will only see a modest price increase of 0-4 percent”, PAMPI added. Meanwhile, Pascual said he is also committed to closely working with the salt and canned sardine manufacturers to address their specific concerns. The DTI secretary ensured that all concerns raised were taken into consideration and vowed to support the manufacturing sector, urging them to go into value addition. The post Manufacturers temporarily forgo price increases — DTI appeared first on Daily Tribune......»»
Is salt bad for you?
Salt, in the form of sodium chloride, is a necessary mineral in the body. It is also known as an electrolyte, and it helps with the proper functioning of the body and the control of body fluids and blood pressure. When there is an excess of sodium in the body this can cause an imbalance in body fluids. Too much sodium attracts water, and this increase of blood volume in the body can lead to an increase in blood pressure. This in turn makes the heart work harder to pump against the higher force of blood flow in the body. The kidneys also have to work harder to get rid of the excess fluid. In the long term, high sodium levels can cause damage to the heart, kidneys, eyes, brain and bones. Signs and symptoms of taking too much sodium include fatigue, headache, elevated blood pressure, feeling excessively thirsty, bloating, swelling of the hands and feet, and insomnia. It is recommended to consume about 1,500 milligrams of sodium per day, and to not exceed 2,300 miligrams a day — the amount of sodium in one teaspoon of fine iodized salt. There is a minimal difference in the amount of sodium per teaspoon of other forms (sea salt, Himalayan pink salt, black salt) and preparations (coarse vs. fine). These different salts are chosen more for flavor than sodium content. Most natural and unprocessed foods are low in sodium and these include vegetables, fruits, whole grains, nuts, fresh meats and dairy foods. Even salt added to cooking or while eating at the table do not contribute much, around 150 to milligrams of salt. Most of the salt in our diets comes from processed and commercially prepared foods. The top sources of sodium come from fast foods like pizza, sandwiches and burgers, cheese, cold cuts and cured meats, crackers, canned soups and meats, and savory snacks like chips, pretzels and popcorn. Some foods high in sodium may not even taste salty, such as breakfast cereals and bread. [caption id="attachment_151713" align="aligncenter" width="525"] Photograph courtesy of unsplash/ shourav-sheikh | ALL essential pizza ingredients contain salt.[/caption] How can you cut down on your sodium intake? Remember that you still need sodium for your body to function properly and that you don’t have to completely eliminate sodium from your diet. You can still enjoy sodium-rich foods but in smaller amounts. You can also use salt substitutes, including citrus flavorings, herbs and spices. Preparing your own meals can help cut down on sodium content. Restaurant and fast food meals tend to contain more sodium. If eating out, ask for low sodium or reduced sodium options. Limit the use of sauces, mixes and instant products, such as cup noodles. Rinse canned food if possible and throw away the brine in the can. Read nutrition labels and pay attention to the amount of sodium present per serving. Be careful with foods labeled as “low sodium” as they can still contain a fair amount of salt. Be wary as well of sodium-free substitutes which do not contain sodium but are made of potassium chloride or potassium salt. This can taste bitter when heated, so it is not recommended for use in cooking. Potassium salts might not be safe for patients with kidney problems or taking certain blood pressure medications. Check with your doctor first to see if sodium-free substitutes are right for you. Combat salt cravings by consistently cutting down on your sodium intake. It can take about six to eight weeks for you to get used to it, but once you are used to less sodium, you may find it difficult to eat more than a few potato chips because they taste too salty. [caption id="attachment_151712" align="aligncenter" width="525"] Photograph courtesy of unsplash/patrick perkins | CHIPS are high in sodium.[/caption] The post Is salt bad for you? appeared first on Daily Tribune......»»
DTI declares price freeze in Albay
The Department of Trade and Industry on Friday disclosed that it will be implementing a price freeze on basic goods in Albay amid the looming explosion of the Mayon Volcano. Trade Secretary Fred Pascual said that the price freeze order — coursed through the DTI’s provincial office in Albay — is effective 16 June. “Business establishments are directed to comply with this, otherwise, we will impose necessary penalties. We want to ensure that our affected kababayans in Albay will have access to affordable and reasonably priced goods, especially during disasters like this,” Pascual said. Under the Price Act or RA7581 as amended by Republic Act 10623, prices of basic goods are automatically frozen at their prevailing prices for 60 days from declaration unless sooner lifted by President Ferdinand Marcos Jr. Meantime, DTI-Albay officer-in-charge Noel Bunao said that they have already issued a memorandum circular reminding all wet markets, supermarkets, groceries, bakeries, hardware, and water refilling stations to comply with the price freeze on basic goods. The DTI provincial monitoring teams are also continuously checking on the prices and availability of basic goods such as canned fish, locally manufactured instant noodles, bottled water, bread, processed milk, coffee, candles, laundry soap, detergent and salt in supermarkets, groceries and wet markets. For her part, DTI Consumer Protection Group Undersecretary Atty. Ruth B. Castelo stressed that they have enough supply of basic goods in the affected areas and they are in constant coordination with the manufacturers of basic necessities to ensure the adequacy of supply in Albay. “We encourage the public to report to the DTI those who are selling basic goods beyond the prevailing price,” Castelo said. The DTI also urged consumers to report retailers, distributors and manufacturers that sell basic necessities above their prevailing prices via One-DTI (1-384) Hotline or email, consumercare@dti.gov.ph. The post DTI declares price freeze in Albay appeared first on Daily Tribune......»»
Dairy pioneer hedges on price increases
Despite the economic and geo-political factors that resulted to a spike in the costs of raw materials, local milk manufacturer Alaska Milk Corporation remains committed to maintaining affordable product offerings for Filipino consumers. In an interview at Straight Talk on Tuesday, an online show of the Daily Tribune, Alaska Corporate Affairs Director Atty. Maria Angela N. Esquivel recognized that price increases are inevitable but the company ensures to do it reasonably “As a milk manufacturer, we think very carefully if we will increase our prices otherwise the consumers will not buy our products,” Esquivel said. “Although, I must say that price increases are inevitable but we can assure you that when we are forced to increase prices, we keep it reasonable,” he added. According to Esquivel, Alaska has been actively engaging with the Department of Trade and Industry so that its prices comply with government standards. SRP released Last February, the DTI released a new suggested retail price or SRP bulletin after the prices of some basic commodities, such as canned meat, sardines, noodles and bread, notably went up by 10 percent. The latest SRP showed that there were price increases for 76 shelf-keeping units or SKUs, while 141 SKUs retained their prices from the August 2022 bulletin. Meanwhile, consumers can access “e-Presyo,” — the Online Price Monitoring System of the DTI, which consists of the prevailing prices of basic necessities and prime commodities. It serves as a price guide for consumers in doing their grocery shopping which in turn ensures “value for money.” Alaska is a subsidiary of the multinational dairy cooperative FrieslandCampina based in the Netherlands. Some of the company’s products include evaporated milk condensed milk, culinary creams, powdered milk, ready-to-drink milk, and coffee creamer. Alaska is a subsidiary of the multinational dairy cooperative FrieslandCampina based in the Netherlands. Last year, the company and its parent firm formalized its partnership with the Department of Agriculture to establish the Philippines-Netherlands Dairy Excellence Center. The tie-up aims to boost the development of the country’s dairy programs to benefit both farmers and the public. The post Dairy pioneer hedges on price increases appeared first on Daily Tribune......»»
Philippines announces decisive measures amid tensions with China
Manila [Philippines], March 28 (ANI): Amid the escalating tensions in the South China Sea, Philippine President Ferdinand R Marcos Jr has announced decisive measures to protect his country's sovereignty and maritime rights while ensuring peace and stability in the Indo-Pacific. Marcos, known as Bongbong, said that the measures, aimed at addressing what he said is the "open, unabating, and illegal" actions by China's Coast.....»»
Latest Deals on Apples M3 and M2 MacBook Airs – The Daily Guardia
Engadget Reviews Apple’s Newest MacBook Air Models, Available at Discounted Prices Since 2004, Engadget has been a trusted source for testing and reviewing consumer tech.....»»
Iloilo City fish vendor arrested; P4 Million shabu seized
Iloilo City fish vendor arrested; P4 Million shabu seized.....»»
Ariel Villasanta ibinenta ang urn at pustiso ng ina kay Boss Toyo
ALIW na aliw ang ginawang pagbebenta ng kilalang komedyante at vlogger na si Ariel Villasanta sa tindahan ni Boss Toyo. Sa episode ng “Pinoy Pawnstars” nitong Lunes, March 18, sinubukan ng komedyante nacibenta ang mga gamit niya kung saan siya nakilala. Unang ipinakita ni Ariel ang isang malaking frame ng kanyang poster kung saan.....»»
Marc Pingris dinenay na may ‘something’ sila ni Kim Rodriguez
PINABULAANAN ng basketbolista at tinaguriang “Pinoy Sakuragi” na si Marc Pingris ang mga kumakalat na balitang may namamagitan sa kanila ng aktres na si Kim Rodriguez. Sa kanyang Facebook page ay diretsahang sinagot ng asawa ni Danica Sotto ang mga intriga ibinabato laban sa kanya. “Walang katotohanan ang mga lumalabas na balita tungkol sa amin.....»»
Pentagon chief reaffirms support after latest China aggression in WPS
Austin emphasized US support for the Philippines in defending its sovereign rights and jurisdiction in a phone call with Defense Secretary Gilberto Teodoro on Wednesday. .....»»
Property prices slow in Q4
The growth in property prices has been sustained for 10 straight quarters, albeit at a slower pace in the fourth quarter last year, according to the Bangko Sentral ng Pilipinas......»»
CHR alarmed by war vs drugs in Davao City
THE Commission on Human Rights (CHR) is alarmed by Davao City Mayor Sebastian “Baste” Duterte’s “war against drugs”, as seven drug users were killed from different barangays in the city over the weekend, just a few hours after his declaration......»»
No Pinoy hurt in Baltimore bridge collapse
The Philippine embassy in Washington has not received any report of Filipinos hurt in the collapse of the Francis Scott Key Bridge in Baltimore, Maryland on Tuesday......»»
Let’s not forget about sexual reproductive health and rights
I once read that in the ’80s, NASA wanted to send astronaut Sally Ride – the first American woman in space – on a space mission with 100 tampons. Her trip was six days. They could have spared that embarrassment by simply talking about it......»»
2 activists kidnapped in Pangasinan
The Commission on Human Rights has called for a search for two environmental rights defenders and church workers who were reportedly kidnapped in Pangasinan last weekend......»»
EDITORIAL — An endangered lake
In January this year, President Marcos directed the Department of Agriculture to increase fish production to meet the national demand......»»
CHR probes Davao drug war deaths
The Commission on Human Rights yesterday expressed grave concern over Davao City Mayor Sebastian Duterte’s recent declaration of a war on drugs in the city......»»