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Senator Ronald “Bato” Dela Rosa has lamented the finger-pointing of government agencies on which department should file charges against hoarders and price manipulators.Dela Rosa, the vice chairperson of the Senate Blue Ribbon Committee, has expressed frustration and reprimanded the Department of Trade and Industry (DTI) and the Department of Agriculture (DA) for finger-pointing each other […]
In the absence of the imposition of a price ceiling on basic necessities amid rising prices of fuel products, Senator Win Gatchalian called for increased vigilance against unscrupulous traders engaged in unwarranted acts that can affect the prices of prime and basic commodities. “Maging mapagmatyag tayo sa anumang pagtatangka ng ilang mapagsamantalang negosyante sa kasalukuyang […]
The creation of a government task force on economic intelligence (Econ Intel) to go after profiteers, price manipulators, hoarders, and smugglers was approved by President Rodrigo Duterte and the Cabinet during a recent meeting in Malacañang. Initially, the task force will go after unscrupulous traders, viajeros, and wholesalers — who have unreasonably jacked up the prices […]
Putting a cap on prices of food during a lack of supply is ineffective, Senator Kiko Pangilinan said pushing the government to go after the food price manipulators that Agriculture Secretary William Dar exposed at the Senate hearing. “Dapat sampulan ang nagsasamantala. Sa ilalim ng Price Act, hanggang 1 milyong piso ang maaring multa sa […]