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DTI, manufacturers agree to hold bread, flour prices

THE Department of Trade and Industry said it has convinced some bread and flour manufacturers to stall price increases until the holiday season. The post DTI, manufacturers agree to hold bread, flour prices appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineOct 12th, 2018

DTI, manufacturers agree to hold bread, flour prices

THE Department of Trade and Industry said it has convinced some bread and flour manufacturers to stall price increases until the holiday season. The post DTI, manufacturers agree to hold bread, flour prices appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 12th, 2018

Manufacturers vow 3-month price freeze

Consumers can expect some reprieve from surging prices as manufacturers have agreed to hold off price hikes in the next three months, a trade official said yesterday......»»

Category: newsSource:  philstarRelated NewsSep 7th, 2018

Economy: Manufacturers to hold off on price hikes until 2017 -- DTI

MANUFACTURERS have promised not to raise prices until the first quarter of 2017, when the impact of foreign exchange movements will be felt, a trade official said......»»

Category: financeSource:  bworldonlineRelated NewsDec 11th, 2016

Oil prices perk up on trade truce, possible OPEC decision | Inquirer Business

A rally in oil prices after a two-month slide indicates traders are betting that OPEC and its allies including Russia will agree to produce less crude. Representatives of oil-producing nations will ho.....»»

Category: newsSource:  philippinetimesRelated NewsDec 4th, 2018

Putin: Russia, Saudi agree to renew oil output cuts | Inquirer Business

BUENOS AIRES, Argentina -- President Vladimir Putin said Saturday that Russia and Opec kingpin Saudi Arabia had agreed to renew a pact on oil production cuts, as crude prices slump on global markets......»»

Category: newsSource:  philippinetimesRelated NewsDec 2nd, 2018

News Briefs: Nov. 27, 2018

Fuel prices fall for 7th week   Crude oil exporters were likely to hold back production as world prices continued to fall amid a supply glut.   Local oil firms cut pump prices for the seventh straight week, leading to the biggest decline in diesel cost at P2.30 per liter and P1.10 per liter for gasoline.   Shell, Caltex, Seaoil, Total, PTT and Eastern Petroleum had announced the price cuts on Monday.   Monitoring by the Department of Energy showed the latest round of price decline brought diesel costs to a range of P38.72 to P43.59 per liter and gasoline to a range of P43.85 to P54.77 per liter. ---Ronnel W. Domingo   Serge Osmea ple...Keep on reading: News Briefs: Nov. 27, 2018.....»»

Category: newsSource:  inquirerRelated NewsNov 26th, 2018

Local air carriers hold ticket price hike

Foreign airlines raised ticket prices this month, while local carriers are holding back on making further increases despite being allowed by regulators to do so in line with higher fuel costs......»»

Category: financeSource:  philstarRelated NewsNov 25th, 2018

With prices seen easing, BSP now has room to hold off rates — analysts

With soaring prices seen going down in the next months, the Bangko Sentral ng Pilipinas can now afford to leave its benchmark rates unchanged until next year, economists said......»»

Category: financeSource:  philstarRelated NewsNov 16th, 2018

Indonesia to hold 3-day expo in Davao

DAVAO CITY (MindaNews/ 14 Nov.) – The Consulate General of Indonesia in Davao City will hold a three-day expo that will introduce some of its country’s quality export products. Endah R. Yuliarti Farry, consul for information and sociocultural affairs, told Habi at Kape on Wednesday that 20 Indonesian manufacturers of construction and building materials, housewares, […].....»»

Category: newsSource:  mindanewsRelated NewsNov 14th, 2018

Prices of Noche Buena items steady – DTI

By: Gail T. Momblan PRICES of Noche Buena or Christmas Eve feast items will remain stable until Christmas season, the Department of Trade and Indstry (DTI) in Iloilo said. DTI- Iloilo Director Diosdado Cadena said in a press briefing that manufacturers and distributors “committed” to maintain the prices of noche buena products from October to December. […] The post Prices of Noche Buena items steady – DTI appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsNov 13th, 2018

Japan, India leaders agree to step up defense, economic ties

TOKYO (AP) --- The leaders of Japan and India have agreed to step up their cooperation in defense, trade and a range or other areas amid China's growing influence in the region. Japanese Prime Minister Shinzo Abe and his Indian counterpart, Narendra Modi, agreed Monday to expand arms sales and hold high-level defense talks and joint military exercises. They also signed a second-phase agreement for a Japanese high-speed railway project in India. Their meeting comes immediately after Abe's visit to Beijing, where he met with Chinese leaders. Modi has called for regional unity against protectionism. He arrived Saturday and was invited to Abe's vacation house near Mount Fuji ...Keep on reading: Japan, India leaders agree to step up defense, economic ties.....»»

Category: newsSource:  inquirerRelated NewsOct 29th, 2018

RFM earnings rise in Q3 on strong sales

RFM CORP. grew its attributable profit by 10% during the third quarter of 2018, as the strong sales of its ice cream, pasta, milk, and flour managed to offset the higher prices of raw materials during the period......»»

Category: newsSource:  bworldonlineRelated NewsOct 28th, 2018

From the Front Page: Rice imports ‘unimpeded’, FDIs surged, Inflation peaked?

By SparkUp Team Following a fresh nine-year high logged in September, top officials are conflicted over whether we’ve seen the peak for inflation this year. Both the central bank and President Duterte’s economic team believe we’ll be seeing prices of basic goods rise no higher than 6.7 percent. But some analysts hold that external factors […] The post From the Front Page: Rice imports ‘unimpeded’, FDIs surged, Inflation peaked? appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 12th, 2018

Jeepney drivers warned against joining transport strike

The government warned on Sunday that it would not tolerate jeepney drivers who would join a transportation strike that might happen within the month. Several transportation operators have announced their plan to hold a transport strike due to the continuous increase in fuel prices. Operators said the impending strike is their version of 'Red October,' the alleged plot to oust President Rodrigo Duterte. However, a joint statement issued by the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB), stated that "The [Public Utility Vehicle] operator shall not resort to [a] cessation of service" and that "the rule of law would be en...Keep on reading: Jeepney drivers warned against joining transport strike.....»»

Category: newsSource:  inquirerRelated NewsOct 7th, 2018

After rice, bread prices to rise

Millions of Filipino consumers may have to pay more for a bag of pan de sal as prices of wheat and sugar are going up. Both are main ingredients in the manufacture of bread--a staple in many Filipi.....»»

Category: newsSource:  philippinetimesRelated NewsOct 3rd, 2018

After rice, bread prices to rise - INQUIRER.net

After rice, bread prices to rise - INQUIRER.net.....»»

Category: newsSource:  googlenewsRelated NewsOct 1st, 2018

Strong competition keeps local flour prices affordable& mdash;Pafmil

Strong competition keeps local flour prices affordable& mdash;Pafmil.....»»

Category: financeSource:  thestandardRelated NewsOct 1st, 2018

Senate to begin hearings on second tax reform

THE SENATE on Tuesday will hold its first public hearing on the second tax reform package, with senators expected to scrutinize the rationalization of fiscal incentives provisions and its possible effects on jobs and prices. The post Senate to begin hearings on second tax reform appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 24th, 2018

DTI to Hold Off Price Hikes for Basic Goods in Next 3 Months

The prices of basic goods such as water, sardines, noodles, among others will not increase in the next three months, the Department of Trade and Industry (DTI) assured on Wednesday. DTI Undersecretary Ruth Castelo allayed fears of consumers that rising inflation and the tax reform for acceleration and inclusion (TRAIN) law would also cause a […].....»»

Category: newsSource:  metrocebuRelated NewsSep 13th, 2018

Get act together to stop rice price hike, Cabinet urged

Cabinet members should get their act together and agree on a common policy to arrest rising rice prices, a lawmaker-economist said yesterday. Source link link: Get act together to stop rice price hike, Cabinet urged.....»»

Category: newsSource:  manilainformerRelated NewsSep 9th, 2018