Tag: hoarding

Sen. Marcos urges inventory of local white onions to check hoarding

Says activities of onion traders should be closely monitored   (Eagle News) — Senator Imee Marcos called for a comprehensive inventory of local white onions so the Philippine government can determine if traders are hoarding supplies. The senator who is the older sister of President Ferdinand Marcos Jr., said it is important to track the activities of onion traders who bought the onions from the local farmers. “Trace the traders who bought white onions from […]

BOC finds some 44,000 sacks of imported sugar in Pampanga, Bulacan warehouses suspected of hoarding

Authorities suspect P22-M worth of sugar supplies were being hoarded to manipulate sugar prices   (Eagle News) – The Bureau of Customs found and seized some 44,000 sacks of imported sugar worth some P22 million in separate “raids” in warehouses in Pampanga and Bulacan on Thursday, August 18, 2022, suspected of being hoarded by traders to create a supply shortage. “The raids were in accordance with the marching orders of President Ferdinand “Bongbong” Marcos Jr. […]

NBI to also look into reports of hoarding of oxygen tanks, other medical supplies amid Delta variant threat

(Eagle News) — The National Bureau of Investigation will also look into reports of hoarding of oxygen tanks and medical supplies amid the continuing threat of the Delta variant. Justice Secretary Menardo Guevarra ordered NBI officer-in-charge Eric Distor to look into the reports made by Cebu officials as the country continues to make preparations to curb the transmission of the highly contagious COVID-19 variant. Earlier, the Department of Health confirmed the local transmission of the […]

PNP orders probe into reports of hoarding of oxygen tanks, other medical supplies

(Eagle News) — Philippine National Police Chief Guillermo Eleazar has ordered a probe into reports of hoarding of oxygen tanks and other medical supplies amid the continuing threat of COVID-19. In a statement, the PNP said PNP Chief Police General Guillermo Lorenzo Eleazar tasked the Cebu City Police and the Regional Criminal Investigation and Detection Group to closely coordinate with the Department of Trade and Industry  in the area for the probe after Cebu City […]

Agriculture Secretary Piñol: There is enough rice supply in the country

(Eagle News) — Agriculture Secretary Manny Piñol on Thursday assured the public there was enough rice supply in the country. In a radio interview, Piñol said what the National Food Authority lacked was the rice that could be introduced into the market if prices rose. “Yun po ang kulang sa kanila. But in as far as the rice supply is concerned, enough ang ating rice supply,” he said. He also said President Rodrigo Duterte has […]