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Traders, middlemen blamed for soaring commodity prices

The soaring prices of basic commodities in the market despite the wide gap in farmgate and retail prices are brought by as much as 200 percent profit of middlemen and traders, according to administration lawmakers......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

‘Traders must explain soaring prices of goods in probe’

Traders and middlemen must give the proper responses to congressmen, once the House committee on trade and industry continues its inquiry on the soaring prices of basic goods despite plunging farmgate prices, Speaker Ferdinand Martin Romualdez said last Monday......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Mixed adjustments in oil prices today

Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?.....»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Presyo Merkado: Current prices of food in Metro Cebu markets

Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»

Category: newsSource:  inquirerRelated NewsApr 11th, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Oil Prices Set to Drop After 5 Weeks of Increases

Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Flower prices seen to increase ahead of Valentine’s Day

According to some vendors, flower prices might double or triple next week, citing the anticipated high demand and steep prices of suppliers......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Fuel prices in Cebu City as of Feb. 6: Gasoline up by 75 centavos, diesel by P1.50

CEBU CITY, Philippines — Another round of increase in fuel prices greeted motorists on Tuesday, February 6. Local oil firms announced in separate advisories that the prices of gasoline will increase by 75 centavos per liter and diesel by P1.50 per liter. Meanwhile, kerosene was up by 80 centavos per liter. The Department of Energy.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Oil price rollback expected next week

Lower pump prices for petroleum products are expected next week, with the Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimating an oil price decrease of around P1 to P1.20 per liter for gasoline, P0.40 to P0.60 per liter for diesel, and P0.45 to P0.65 per liter for kerosene......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Asian Study Reveals Endocrine-disrupting Chemicals Found in Personal Care Products from the Philippines

In a press briefing in time for the observance of World Consumer Rights Month, BAN Toxics, a chemical and waste management NGO, discloses the findings of recent laboratory testing indicating the presence of parabens, triclosan, and triclocarban, classified as endocrine-disrupting chemicals (EDCs), in personal care products sold in the country. The result underscores potential health risks for.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

EcoWaste Coalition: True Radiance Comes from Within, Not from Skin Lightening Products with Mercury

 23 March 2024, Quezon City. The toxics watchdog group EcoWaste Coalition, which has been tracking mercury in skin-lightening cosmetics in the Philippines since 2011, reiterated its support for the global effort to put an end to the persistent production, trade, and consumption of racist beauty products with mercury content that claim to whiten the skin and deal with other.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

EcoWaste Coalition: True Radiance Comes from Within, Not from Skin Lightening Products with Mercury

 23 March 2024, Quezon City. The toxics watchdog group EcoWaste Coalition, which has been tracking mercury in skin-lightening cosmetics in the Philippines since 2011, reiterated its support for the global effort to put an end to the persistent production, trade, and consumption of racist beauty products with mercury content that claim to whiten the skin and deal with other.....»»

Category: newsSource:  manilanewsRelated NewsMar 23rd, 2024

Restricting minors’ access to vape pushed

MANILA, Philippines — Health Secretary Teodoro “Ted” Herbosa on Tuesday called for stricter enforcement of regulations to prevent minors from accessing tobacco products, especially vape. Herbosa cited that while minors are not legally allowed to purchase such products, many of them can still be seen using them. “Technically, by law, 18 years old and above.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

Laurel pushing for lower food freight costs

The country’s prevailing freight rates on agricultural shipments must be “discounted” to keep food prices nationwide “affordable,” Agriculture Secretary Francisco Tiu Laurel said. Laurel said that he would propose to the Philippine Ports Authority to implement a “discounted” freight rate for agricultural and food products......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Newest Kadiwa store in Cordillera features products from 120 farmer groups

Newest Kadiwa store in Cordillera features products from 120 farmer groups.....»»

Category: newsSource:  sunstarRelated NewsMay 9th, 2024

Internal revenue stamps for vape products mandatory by June

Bureau of Internal Revenue Commissioner Romeo Lumagui Jr. reminded the public that internal revenue stamps will be mandatory for all imported and locally manufactured vape products in the market by June 1, 2024, as stated in Revenue Memorandum Circular 59-2024......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

No ban on US beef, dairy despite bird flu

The Philippines will not ban the importation of cattle products such as beef and milk from the United States as regulators maintain that these products are safe to consume amid bird flu cases in the US dairy herd......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

DA to tap buffer fund for stockpile of products

The Department of Agriculture is planning to use its buffer fund to build stockpiles of “sensitive” products such as rice and pork to ensure public access to affordable food in the market......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

World Bank pushes new agri insurance products

The Philippines needs to come up with new and better agricultural insurance products to help farmers cope with natural disasters, according to the World Bank......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024