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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: philstar philstarMay 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

Villar seeks passage of Agricultural Economic Sabotage Law

Sen. Cynthia Villar has called for the passage of the Anti-Agricultural Economic Sabotage Law to prevent middlemen and traders from taking advantage of rice farmers and consumers......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

‘Marcos Jr. is to be blamed for high rice price’

“There is no one to blame for the highest inflation rate but Marcos." The post ‘Marcos Jr. is to be blamed for high rice price’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 7th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Soaring start for EJ

Paris Olympics-bound EJ Obiena was off to a soaring start in the world pole vault indoor season series, capturing the gold in the Memorial Josip Gasparac in Osijek, Croatia Tuesday......»»

Category: sportsSource:  philstarRelated NewsFeb 21st, 2024

High meat prices blamed for protein deficiency among Pinoys

Higher prices of meat have caused protein deficiency and contributed to malnutrition among Filipinos, which affected their learning capacities, according to Sen. Cynthia Villar......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Retail prices of building items increase at faster pace in April

Retail prices of construction materials in Metro Manila moved up at a faster rate in April from the previous month, with most commodity groups posting higher increases, according to the Philippine Statistics Authority......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Egg retail prices drop due to low demand

Egg traders are reeling from the decreasing farmgate and retail prices as well as from low demand for the poultry product, according to Gregorio San Diego, chairman of the United Broiler Raisers’ Association......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

DALI gears up for expansion

The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Prices of food supplies in Mindanao markets soar amid Ramadhan

The Bangsamoro government and its constituent-local government units have fused ranks to stop the practice of unscrupulous traders to increase prices of food supplies they sell in markets during the Islamic Ramadhan season......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

DTI rolls out the Rice on Wheels Program in coordination with Bulacan rice millers and traders

The Department of Trade and Industry (DTI), in coordination with Bulacan rice millers and traders, will officially roll out the “Rice on Wheels Program for Retailers” to ensure the availability of affordable regular and well-milled rice to the general public......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Traders, importers to buy local raw sugar at premium

Sugar traders are keen on purchasing 300,000 metric tons of local raw sugar at a premium price in exchange for getting a priority allocation in future import programs of the government......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

BFAR urges traders to comply with EO on unsanitary transport of wet goods

CEBU CITY, Philippines- The Bureau of Fisheries and Aquatic Resources (BFAR) has commended Cebu Governor Gwendolyn Garcia for issuing an executive order that prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. BFAR-7 Provincial Fishery Officer Joel Clapano urged stakeholders and fish traders to.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Market dips as traders tracked Wall St losses

Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Ging loca products/traders a fair chance

Ging loca products/traders a fair chance.....»»

Category: newsSource:  sunstarRelated NewsMay 13th, 2024

Strawberry farm sting nets 2 drug traders, over P3.7M worth of dried cannabis

Two alleged drug traders trying to smuggle over P3.7 million worth of dried marijuana leaves were cornered in a sting operation at an open parking lot at the Strawberry Farm in barangay Betag, La Trinidad, Benguet Thursday dawn......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

If he gets elected, Yogi Ruiz warns drug traders to leave Cebu City

CEBU CITY, Philippines — Illegal drug traders were warned by former Bureau of Customs Commissioner (BOC) and former Philippine Drug Enforcement Agency (PDEA)-7 Director Yogi Felimon Ruiz to leave Cebu City within 30 days if he is elected as mayor in the 2025 local and national elections. This was his promise as he is 100%.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

‘NFA lost P112 million after rice sale to traders’

The National Food Authority has incurred losses of at least P112 million after the sale of 150,000 bags of rice at only P25 per kilo to some traders, according to a farmers’ group......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Private traders to also face probe over NFA rice

The Department of Agriculture is ready to face the planned Senate investigation into the alleged anomalous sale of rice to traders by the National Food Authority......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

NFA defends sale of cheap rice; farmers slam ‘mafia’

The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024