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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

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

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......»»

Category: newsSource:  philstarRelated NewsSep 8th, 2018

Two Koreas agree to hold September summit in Pyongyang – Seoul

SEOUL: Kim Jong Un will meet the South’s President Moon Jae-in at a summit in Pyongyang in September to discuss nuclear disarmament, Seoul said Thursday. This would be the third meeting this year between the two leaders, who will discuss “practical measures to denuclearise” the flashpoint peninsula during the September 18-20 summit, South Korean National [...] The post Two Koreas agree to hold September summit in Pyongyang – Seoul appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 6th, 2018

Manufacturers commit to hold off any price increase until December

Manufacturers commit to hold off any price increase until December Source link link: Manufacturers commit to hold off any price increase until December.....»»

Category: newsSource:  manilainformerRelated NewsAug 29th, 2018

US central bank meets as inflation holds steady

WASHINGTON, D.C.: With one more US inflation report to digest, the Federal Reserve is expected to hold off on the next interest rate increase for another six weeks. The Fed opened a two-day policy meeting on Tuesday, and amid booming US growth and signs prices are rising steadily, policymakers are expected to continue to gradually [...] The post US central bank meets as inflation holds steady appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsAug 1st, 2018

RFM counts on flour mill upgrade to remain competitive as costs rise

RFM Corp. is banking on the upgrade of its flour mills to help it stay competitive in the market, as it continues to see rising prices of raw materials due to the weakening peso. The post RFM counts on flour mill upgrade to remain competitive as costs rise appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJul 29th, 2018

ONE: Joshua Pacio amazed Renzo Gracie with his Baguio Jiu-Jitsu

Friday night's ONE Championship: Reign of Kings card saw the Philippines pulling off a complete four-for-four sweep, capped off by Kevin Belingon's dominant five-round decision win over Martin Nguyen to capture the Interim ONE Bantamweight World Championship.  Arguably most spectacular win however, came from 22-year old Team Lakay strawweight star Joshua 'The Passion' Pacio, who steamrolled through undefeated Thai striker Pongsiri Mitsatit.  Pacio needed just needed three-and-a-half minutes to mount, brutalize, and submit Misatit with a modified armlock, which he playfully christened 'The Passion Lock." "My gameplan is really to get the Rear Naked Choke," Pacio said during the post-fight press conference. "That submission that I did a while ago, I tried it once in training, and tonight I’m so happy that I showcased it on the international stage." After punishing Mitsatit from the mount, Pacio took the Thai's back, and as he said, tried to go for the choke, but ended up grabbing hold of Misati's arm and torquing it back applying pressure on the shoulders and forcing the tapout.  It was a pretty slick submission on the fly for the kid from Baguio City, who's steadily shown improvement in his ground game, and it's all thanks to a special discipline of martial arts.  "It came from that BJJ - Baguio Jiu-Jitsu." Pacio said, with a laugh.  And while it initially started out as a play on words with Brazilian Jiu-Jitsu, Team Lakay's Baguio Jiu-Jitsu is now becoming a massive part of their game, and it has won the team a number of fights, and world titles.  From Eduard Folayang's submission defense against Shinya Aoki, to Geje Eustaquio's well-rounded approach against Adriano Moraes, and Pacio's seven wins via submission, the Baguio-based warriors have taken what was once their supposed weakness and turned into a pivotal part of their game.  “Please don’t underestimate our BJJ, or what we call Baguio Jiu-Jitsu,” Eustaquio warns. “In more time, we will submit you guys.” Eustaquio said after his world championship win over Moraes in Macau last June.  While striking will always be Team Lakay's bread and butter, as they've shown in their performances as of late, their ground game can hang with the best of the best in ONE Championship.  That improvement was the result of years of coming up short and getting criticized for it.  "Of course, we learned from our past. Yung mga criticism na kinain namin noon, hindi namin tinake as a negative, but we take it as a positive thing, and we worked our ass hard." said former ONE Lightweight World Champion Folayang. "Siyempre kaya may Baguio Jiu-Jitsu ngayon, kasi that’s how we do it. We keep on learning from other people that will help us improve the things that we know we are weak on." Making it even more memorable for Pacio, was the fact that one of the legends of Brazilian Jiu-Jitsu was there to see him pull that crazy submission off.  According to Pacio, sixth-degree Brazilian Jiu-Jitsu black belt and grappling royalty Renzo Gracie, who was scheduled to fight later on in the card, gave the young Pinoy some props after the win.  "Ayun nga, sa dugout kanina, na-amaze siya. Nagpa-picture siya sa akin," Pacio said jokingly, drawing laughs from the media. "Baliktad, nagpa-picture ako sa kanya, tapos tinuro niya din yung depensa nun." Quite the moment for the kid they call "The Passion. "Syempre napaka-laki, kasi once-in-a-lifetime lang yun.".....»»

Category: sportsSource:  abscbnRelated NewsJul 28th, 2018

RFM posts flat Q2 net earnings

RFM Corp. saw flat earnings growth during the second quarter of 2018, as softer prices of flour and higher costs of raw materials offset a double-digit increase in revenues......»»

Category: financeSource:  bworldonlineRelated NewsJul 23rd, 2018

Vehicle sales down double-digits

Domestic auto industry sales plunged by 21.7 percent in June, extending a year-to-date fall that has been blamed on higher prices due to a tax reform law. Data released by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) placed sales for the month at 29,350 units, down [...] The post Vehicle sales down double-digits appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 18th, 2018

The pass-on costs of oil deregulation

“We agree that retail competition accounts for similarities in pump prices, the difference being little red toy cars and free sodas.” Seeking both transparency and accountability, our energy officials are pushing for the unbundling of oil company costs. This is in light of unprecedented runaway inflation following a chemistry of government-initiated incremental excise taxes on […].....»»

Category: newsSource:  tribuneRelated NewsJul 2nd, 2018