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Senator Chiz Escudero has welcomed the creation of a blacklisting committee in the Department of Agriculture (DA), saying the latest action made by Secretary Francisco Tiu Laurel Jr. goes well with the anti-corruption campaign and other reforms he is initiating in the organization. In a media interview recently, Escudero expressed confidence in the leadership of […]
The Senate passed on third and final reading a bill imposing severe sanctions against smugglers, profiteers, hoarders and cartels of agricultural and fishery products. Voting 18-0-0, senators approved Senate Bill No. (SBN) 2432 or the Anti-Agricultural Economic Sabotage Act. The bill repeals Republic Act No. 10845, otherwise known as the Anti-Agricultural Smuggling Act of 2016. […]
Amid mounting evidence of the potential hoarding of agricultural goods like rice and onions, AGRI Party-list Cong. Wilbert T. Lee on Thursday emphasized the need to actively enforce the Anti-Agricultural Smuggling Act to punish smugglers, hoarders, price manipulators and government employees and officials who take part in this crime, and reiterated the urgency of passing […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]