A group involved in monitoring developments in the rice industry yesterday belied President Marcos’ statement that his administration is nearing its goal of lowering rice price to P20 per kilo, saying it is “far from reality.”
San Juan City Mayor and Metro Manila Council (MMC) President Francis Zamora vowed to inspect other markets in the National Capital Region (NCR) to ensure that all sellers and vendors are following the suggested retail price (SRP) issued by the Department of Trade and Industry (DTI).
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This year, workers intensified their calls for a wage hike and the lowering of prices, saying that the pay should be able to cover the needs of a family of five.
The country’s hog raisers reiterated their call for government intervention as the industry continued to reel from the deluge of imported pork, as well the impact of the peso depreciation on production costs.