Regular SRP issuance hobbled by ‘fluctuating factors’–DTI | Andrea E. San Juan

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 59%

Philippines News News

Philippines Latest News,Philippines Headlines

The Department of Trade and Industry (DTI) said it cannot issue suggested retail price (SRP) bulletin regularly due to “fluctuating factors” such as climate change, and price of fuel, among others.

THE Department of Trade and Industry said it cannot issue suggested retail price bulletin regularly due to “fluctuating factors” such as climate change, and price of fuel, among others.

[We can’t do it because the factors are fluctuating. It varies like the climate: our seasons are rainy, sunny; but during summer, it rains. So that is affected.] [It’s an unforeseeable event that you can’t really predict unless you have a crystal ball like the seer, Madam Auring. We didn’t have it then; so, we can’t really predict it.]

[That needs salary, personnel capacity, or the amount of personnel you have varies. There are many reasons why we cannot put a regular schedule for adjustments.] “Kailangan balanse rin ang polisiya ng gobyerno. Patuloy natin itong pinag-aaralan,” the Trade chief added. [The government’s policy also needs to be balanced. We continue to study it.]

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DA eyes P125/kilo suggested retail price for onionsMANILA, Philippines — The Department of Agriculture (DA) is inclined to lower the suggested retail price (SRP) of onions to P125. DA deputy spokesperson Rex Estoperez said this in light of the
Source: inquirerdotnet - 🏆 3. / 86 Read more »

DepEd, Globe connect to uphold child safety | Rizal Raoul ReyesTHE Department of Education’s (DepEd) Child Protection Unit (CPU) and Globe Telecom recently joined forces to counter the proliferation of abuses committed against children, especially within school premises. The education department led the creation of the DepEd Learners’ TeleSafe Contact Center, where students can report acts of exploitation, violence and…
Source: BusinessMirror - 🏆 19. / 59 Read more »

Sibuyan, Romblon groups to DENR: Issue cease and desist order vs mining firmMANILA, Philippines — Pro-environment residents and Sibuyan Island in Romblon on Sunday appealed to the Department of Environment and Natural Resources (DENR) to issue a cease and desist order
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Only 3,500 out of 21,000 MT of onions OK'd for importation arrived in PH — DAOnly a fraction of the more than 21,000 metric tons of onions that were authorized for importation had arrived in the country, the Department of Agriculture (DA) said Saturday. Why import when farmers are harvesting? To kill farming industry? Why rush when imports arrive in just one week. Favoring rich Chinese traders giving bribes? What a shit problem. It's just lengthen the time to important issue nowadays
Source: gmanews - 🏆 11. / 68 Read more »

Reprieve for Sibuyan Island residents as mining ops ordered to stopAfter Sibuyan Island residents clashed with police to stop mining efforts, Alyansa Tigil Mina said that the DENR has ordered the Altai Philippines Mining Company to temporarily suspend their operations. | JMangaluzINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Defense OIC Galvez says Edca not a cause for concernThe Department of National Defense officer in charge Carlito G Galvez assured that the new Enhanced Defense Cooperation Agreement sites are not a cause of concern due to their economic and security benefits. | JMangaluzINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »