NPCC MEETING AS INFLATION HIGHER THAN TARGETED

-

On 8 August 2018, the National Price Coordinating Council called for another Meeting to check on supply and prices of basic necessities and prime commodities. Year-to-date inflation up to July 2018 is 4.5%; a bit higher than targeted by the BSP due to a slight devaluation of the Peso, increased cost of raw materials by manufacturers, Inclement weather, increase in electricity and water rates and increase in jeepney fares.

Comments

Post a Comment

Popular posts from this blog

PAGASA AS CONSULTANT OF PHIL. GOV’T. FOR WORLD ECONOMIC FORUM

-
Image
PAGASA was honored to be included as one of 10 consultant-agencies for the formulation of a Strategic Statement for the pillar Product Market (there are 12 pillars/FGD's incl. Infrastructure, Labor Market, ICT, Financial System, etc.) for presentation to the World Economic Forum (at a Zoom Meeting that took the whole morning). With STC on 16 September 2020 were Messrs. Ruben J. Pascual/PCCI, George Chua/FPI, George Siy/FFCCCII, Paul Santos/PRA, Carlos Cabochan/PCCTA, Ms. Ma. Flordeliza Leong/ PhilExport, Ms. Marinella Gilda Gamboa/Phil. Competition Commission, Dir. Sandra Marie Recolizado/Bureau of Investments and Atty. Ma. Liza Sebastian/Bureau of Customs. Next level of discussions is the National Level where the output is 12 Strategic Statements to be presented at the World Economic Forum in showcasing the Philippines as a competitive economy.  
Read more

PAGASA GENERAL MEETING FOR FIRST QUARTER OF 2021

-
Image
On the eve of 3 February 2021, the Association held its virtual General Meeting for the first quarter of 2021. The Meet was sponsored by i-Ripple, enabler of My Suki which intends to have as its groceries providers the members of PAGASA. Online selling was a must-do proposition for supermarkets given the extended negative sales effect that the pandemic was wreaking on food retailers.
Read more

PINHOLES IN POWDERY PACKAGES AT A TIME OF COVID-19

-
Image
A vigilant shopper sent this video to a social media platform and it went viral. Her observation that the health-hazardous puncturing of minute holes on powdery products packaged in plastic bags (like sugar, salt and the like) to let air out and make displays in supermarkets even and easier for stocking is very valid in view of the uncontained spread of COVID-19.  PAGASA members were advised to refrain from this practice.
Read more