Categories
Posts Uncategorized

Consumers file new case against Train law

Laban Konsyumer Inc. on Tuesday filed a second motion to the Supreme Court against the implementation of the Tax Reform for Acceleration and Inclusion law. “The continuing imposition and increases of the fuel excise taxes exacerbates the adverse effects to all consumers, more particularly to Filipinos from low-income and poor consumers, who hardly have the […]

Categories
Posts Uncategorized

‘High prices to bite even with lower November inflation’

CONSUMERS will continue to feel the pangs of high prices in the months to come even as inflation slowed to 6 percent in November, because the tax hike on fuel next year will permanently make basic goods costly, sector leaders said on Thursday. They said this just hours after the inflation report came out and […]

Categories
Posts Uncategorized

Presyo ng sardinas, tataas; loaf bread, may bawas-presyo

Ilalabas na ng Department of Trade and Industry (DTI) sa Huwebes ang listahan ng bagong suggested retail price (SRP) ng ilang pangunahing bilihin na sasalamin sa taas-presyo ng mga de-latang sardinas. Ayon kay Trade Undersecretary Ruth Castelo, hindi na nila napigilan ang taas-presyo sa ilang brand ng sardinas dahil nabigyang katuwiran naman daw ito ng […]

Categories
Posts Uncategorized

SRA urges sugar supply chain checks

THE Sugar Regulatory Administration (SRA) on Monday called on concerned regulatory bodies to intervene in the sugar supply chain in a bid to facilitate fairer prices in the retail market. During a press conference in Manila City, SRA Board Member Emilio Bernardino Yulo said that while prices at the farm gate provided just enough earnings […]

Categories
Posts Uncategorized

Consumers, labor: Price spikes to follow tax hike

CONSUMER groups on Monday warned prices of basic goods will remain high if the government proceeds with its plan to implement the next round of the tax hike on fuel in 2019. Labor groups on Monday weighed in on the issue as well, and called on President Duterte to junk the recommendation of his economic […]

Categories
Posts Uncategorized

DTI urged to check sugar price surge

Labor groups and the Sugar Regulatory Administration (SRA) have called on the Department of Trade and Industry (DTI) to look into the excessive pricing of sugar in the market when prices at the mill-gate level have already began to dip. In a roundtable discussion with sugar stakeholders on Monday, Laban Konsyumer president and former trade […]

Categories
Posts Uncategorized

Oil surges 5 pct on trade truce, expected supply cuts

LONDON – Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is expected to cut supply. U.S. light crude oil rose $2.92 a barrel to a […]

Categories
Posts Uncategorized

Consumers fear repeat of runaway inflation amid fuel excise tax hike

The Philippine economic managers’ move to recommend pushing through the second tranche of fuel excise taxes next year are leaving consumers wary that the possible tax hike might lead to faster inflation. Watch video for more info: https://news.abs-cbn.com/video/business/12/01/18/consumers-fear-repeat-of-runaway-inflation-amid-fuel-excise-tax-hike

Categories
Posts Uncategorized

Suggested retail price sa asukal, inihirit

Nanawagan sa gobyerno ang isang grupo ng mga konsumer at isang opisyal ng Sugar Regulatory Administration (SRA) na imbestigahan ang mataas na presyo ng asukal at magtakda na ng suggested retail price (SRP) nito. Ayon kay SRA board member Emiliano Yulo, bumaba na ang farmgate price ng asukal, na ngayon ay nasa P1,450 kada sako. […]

Categories
Posts Uncategorized

Consumers fear repeat of runaway inflation amid fuel excise tax hike

The Philippine economic managers’ move to recommend pushing through the second tranche of fuel excise taxes next year are leaving consumers wary that the possible tax hike might lead to faster inflation. – Business Nightly, ANC, November 30, 2018 https://news.abs-cbn.com/video/business/12/01/18/consumers-fear-repeat-of-runaway-inflation-amid-fuel-excise-tax-hike