DTI convenes NPCC on onion price, supply issue

Onions are among the fresh produce that get sold fast at Kadiwa stores such as this one at the 3rd floor of the GSIS Building in Pasay City, Dec. 14, 2022. The price of red onions has gone up to as much as PHP400 per kilo, making it a hot sell among buyers at Kadiwa stores that offer them at a cheaper price. (PNA photo by Avito Dalan)/FILE

By Alec Go 

National government agencies are coming up with possible legal actions and measures to respond to increasing onion prices following a special National Price Coordinating Council (NPCC) attended by several national government agencies on Wednesday, Jan. 25.

Department of Trade and Industry (DTI) Secretary Fred Pascual, the NPCC chair, called for the meeting to talk over measures to improve onion supply and mitigate the impact of its soaring prices on consumers.

“Given this crucial situation, we are to deliver immediate results to temper the prices of goods and ensure the availability of affordable basic necessities and prime commodities for consumers. We must tap other agencies who can be our allies in this endeavor,” he said.

The meeting was attended by the Department of Health (DOH), Department of Justice (DOJ), Department of Agriculture (DA), Department of Energy (DOE), Department of the Interior and Local Government (DILG), and National Economic Development Authority (NEDA).

The DTI said it will continue to assist the DA, which has jurisdiction over agricultural basic necessities and prime commodities, on the monitoring of prices of agricultural products and in ensuring red onion supply in the market. 

The DTI said the government is addressing the issue especially on the supply chain starting from farmgate to retailers.

It also called on business establishments to comply with the basic necessities price freeze in areas under state of calamity.

Consumers can report those selling basic necessities over their suggested retail prices to the One-DTI (1-384) Hotline or to [email protected]. – gb 

Popular

DOE, DTI chiefs cite gains from signing of EO for EV incentives program

By Joann Villanueva | Philippine News Agency Prices of electric vehicles (EVs) in the country are projected to decline between 6% and 12% as domestic...

U.S. pledges P11.8B to back PH fight vs. HIV, TB

By Joyce Ann L. Rocamora | Philippine News Agency The United States is set to provide more than P11.8 billion ($193 million) to support a...

PBBM incentivizes electric vehicle manufacturing in PH

By Brian Campued Fresh from his 5th State of the Nation Address (SONA) pronouncements, President Ferdinand R. Marcos Jr. has issued Executive Order (EO) No....

DepEd ready to enforce new law strengthening education in last mile, underserved schools

By Brian Campued The Department of Education (DepEd) has mobilized its key offices in preparation for implementing Republic Act (RA) No. 12321, which institutionalizes government...