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Politics

ARREST MEDICINE HOARDERS, PROFITEERS – CASTELO

A lawmaker at the House of Representatives urged authorities to run after and arrest hoarders and price manipulators of medicines used to treat coronavirus disease (COVID-19) symptoms amid the rise in COVID-19 cases. Quezon City Representative Precious Hipolito Castelo said there are laws, regulations, and even local ordinances prohibiting hoarding and price manipulation of drugs […]

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Politics

SEIZE HOARDED FOOD, RETURN TO MARKETS – PANGILINAN

As the 60-day price ceiling on pork and chicken products started on February 8, Senator Kiko Pangilinan said the Department of Agriculture (DA) must confiscate hoarded food and return these to markets. “Sa DA nanggaling na may mga nag-ho-hoard ng pagkain. Kumpiskahin ang mga ito at ibenta, of course after the necessary sanitary and safety […]

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Government

PREVENT XMAS HOARDING, PRICE MANIPULATION – NOGRALES

With the holiday season inching closer, Cabinet Secretary Karlo Nograles over the weekend assured the public that the government has continuing measures to prevent increases in the prices of basic commodities.In an online forum, the Palace official revealed that the government recognizes the need to continuously monitor the prices of basic goods, particularly food items, […]

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Government

DTI TO GO AFTER PROFITEERS, HOARDERS AMID COVID-19 OUTBREAK – LOPEZ

Lopez said the DTI is urging President Rodrigo Duterte to issue an executive order (EO) to prosecute those who had raked-in unfairly large profits on products which are in demand during this situation and those who hoard goods whether for their own consumption or re-sale at higher prices.The trade chief said Duterte has agreed with […]

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Politics

NOGRALES TO NFA: LOOK INTO ABNORMALLY HIGH PRICES IN ZAMBO PENINSULA

House Appropriations Committee Chairperson Davao City Rep. Karlo “Ang Probinsyano” Nograles is urging the National Food Authority (NFA) to look into what he describes as a possible price manipulation by rice traders in Mindanao as he called the agency’s attention to reports of abnormally high rice prices in Zamboanga City, where the prices of the […]

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Politics

RICE HOARDING IS ECONOMIC SABOTAGE, NOT INVENTORY MANAGEMENT – NOGRALES

Rice hoarding is economic sabotage, not a legitimate business strategy. This was stressed by House Appropriations Committee chairman Rep. Karlo “Ang Probinsyano” Nograles on Thursday during the budget deliberations on the Department of Agriculture (DA) after DA chief Manny Piñol explained that hoarding rice was considered a legitimate business practice by some rice traders. “We […]