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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.....»»
Philippines total external trade up 9.7 pct in February
MANILA, April 11 (Xinhua) -- The Philippines' total external trade in goods increased by 9.7 percent in February to 15.46 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Thursday. Of the total external trade in February, 61.8 percent were imported goods, while the rest were exported goods, the agency said. The PSA said the deficit of trade in goods amounted to 3.65 billion dollars,.....»»
45 PUPCs of Opao police station undergo medical check-up
MANDAUE CITY, Cebu – Around 45 persons under police custody (PUPCs) of Opao Police Station in Mandaue City underwent a medical check-up on Wednesday, Feb. 28. The City Health Office (MCHO) led the medical check-up to determine the physical health of the PUPCs. They were also provided with medicines and vitamins. MCHO Kadagatan Cluster Head.....»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
PDRRMO-DavOr continues to monitor calamity-prone areas despite El Niño
DESPITE the peak of the El Niño phenomenon, the Provincial Disaster Risk Reduction and Management Office (PDRRMO) of Davao Oriental vowed to continue monitoring calamity-prone areas in their jurisdiction......»»
Philippines total external trade shrinks by 15.4 pct in March
MANILA, May 8 (Xinhua) -- The Philippines' total external trade in goods recorded a year-on-year decrease of 15.4 percent in March to 15.44 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Wednesday. Of the total external trade in March, 60.3 percent were imported goods, while the rest were exported goods, the agency said. The PSA data showed the trade deficit in March amounted to 3.....»»
Philippines external trade drops 2.1 pct in January
MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»
Philippines total external trade drops by 5.4 pct in November
MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»
Nestle, Danone see price hikes slowing after years of sharp increases
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»
P400-M cash, relief goods provided to calamity-affected families
THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) has already provided around P400 million worth of financial and basic commodity assistance to the families affected by the recent trough of low-pressure area (LPA) and shear line......»»
Prices
To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»
Gwen: No ‘ayuda’ despite state of calamity in entire province
CEBU CITY, Philippines – Cebu Governor Gwen Garcia does not intend to give ‘ayuda’ or dole outs despite declaring a state of calamity in the entire province on Friday, May 17. The governor placed the entire province under a state of calamity after receiving reports of huge damages to agriculture amounting to over P176 million.....»»
Marcos niligwak nationwide state of calamity
Nanindigan si Pangulong Bongbong Marcos na hindi kailangang ideklara sa buong bansa ang state of calamity bunsod ng matinding epekto ng El Niño dahil maaari naman itong gawin sa bawat rehiyon. The post Marcos niligwak nationwide state of calamity first appeared on Abante......»»
18 bayan, probinsya state of calamity sa El Niño
Sabi ni Presidential Communications Office (PCO) Assistant Secretary at Task Force El Niño Spokesperson Joey Villarama, marami pang lokal na pamahalaan ang nagbabalak na magdeklara na rin ng state of calamity dahil sa matinding epekto ng tagtuyot sa kanilang mga lugar. The post 18 bayan, probinsya state of calamity sa El Niño first appeared on Abante......»»
Factory gate prices decline in January
Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»
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......»»
Makers freeze prices of select items until July 10
Some manufacturers are implementing a voluntary price freeze until July to help address the impact of El Niño on prices of goods, according to the Department of Trade and Industry......»»
DTI allows manufacturers to downsize certain goods to offset rising costs
MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»
DTI eyes Al-powered app for price monitoring
The Department of Trade and Industry is looking to launch an app powered by artificial intelligence to serve as a guide for consumers on prices of basic goods......»»
Philippines keeps eye on price manipulators amid El Nino
MANILA, March 7 (Xinhua) -- Amid the El Nino dry spell and drought, the Philippines will intensify its efforts to ensure a sufficient supply of basic goods and commodities and monitor possible manipulation of their prices, an official said on Thursday. Gilberto Teodoro Jr., chair of the governmental task force on El Nino, has urged the Department of Trade and Industry to intensify market price and supply monitor.....»»