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(Eagle News)–President Bongbong Marcos urged the public to help in the fight against rice smugglers and hoarders who the government said are destroying the flow of supply and demand of the staple food in the market. The President made the public appeal as he led the distribution of rice in the Augusto Legaspi Memorial Sports and Cultural Center in Kalibo, Aklan. “Tulungan po ninyo ang ating mga ahensya sa pagmamatyag upang mahuli at mapatawan ng […]
(Eagle News)–The Philippine National Police has intensified efforts to run after rice hoarders, the Philippine National Police said on Wednesday, Sept. 12. PNP Chief Oscar Albayalde made announcement amid what critics allege was a rice crisis that saw an increase in the prices of rice. “Kung meron man talagang shortage, ‘yan ay due to hoarding. May possibility na nasa warehouse lang ang mga ‘yan, ‘di nila inilalabas, mag-aantay na magtaas ang presyo. Kaya pinaigting natin […]
(Eagle News)–President Rodrigo Duterte on Sunday, Sept. 2, warned rice traders he would not hesitate to use his emergency powers if they resort to illegal practices such as rice hoarding. “I will not hesitate to exercise the powers of the President and I will ask the military and the police to raid your warehouses, bodegas. And I will just get your—subject of course to just compensation,” Duterte said in a speech prior to his departure […]
(Eagle News) — The National Food Authority (NFA) is now closely monitoring the country’s rice situation and taking necessary actions to stop rice hoarders and cartel protectors. This came after President Rodrigo Duterte gave a stern warning to rice hoarders and cartel protectors during his third State of the Nation Address on Monday, July 23. Although the NFA has insufficient funds for intelligence, NFA Spokesperson Rex Estoperez said that the agency assigned a monitoring team […]
(Eagle News) – President Rodrigo Duterte warned rice cartels not to take advantage of the country’s “artificial rice shortage” as he said he would push for rice prices to be down by as low as P7 per kilo, by changing the system of rice importation. During his State of the Nation Address, Duterte said he has already directed intelligence agencies to unmask these rice hoarders, cartels and their protectors, and that they would be […]
MANILA, Philippines — The government’s effort in battling overpricing, manipulation and cartel-like activities has led to the confiscation of an estimated 4,000 metric tons of rice, a Palace official said on Sunday. Presidential Communication Operations Office Secretary Herminio Coloma, Jr., said the Philippine National Police – Criminal Investigation and Detection Group (PNP-CIDG) has seized this much from three out of 12 warehouses they investigated.“Tatlong bodega ang natagpuang may paglabag sa batas dahil hindi makapagpakita ng […]
