The Bureau of Plant Industry expects onion prices to remain steady until November and said they do not see them reaching last year's steep prices, which ranged from P500 to P700 because of the scarcity of supply.
“We have 10,843 metric tons of white onions and 98,393.86 metric tons of red onions as of April 20. We expect it to last until November,” Gesmundo said. Castro, however, noted that having enough supply is not the only way to keep onion prices stable given that food, including onion prices, are still higher compared with last year’s prices.
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:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Strong deposits keep domestic banking industry resilientThe domestic banking industry remained resilient in 2022, marked by the sustained growth in assets, deposits and profit, along with adequate capital and liquidity buffers, the Bangko Sentral ng Pilipinas said in a report over the weekend.
Source: MlaStandard - 🏆 20. / 55 Read more »
MOVE IT launches industry-first Advertiser Vest Program | BMPlusIn commemoration of International Labor Day, motorcycle taxi company MOVE IT is doubling down on its commitment to offering viable livelihood opportunities to its rider-partners. Know more:
Source: BusinessMirror - 🏆 19. / 59 Read more »
John Arcilla bats for bill vs online piracy: ‘It’s a threat to entertainment, creative industry’John Arcilla is calling for support to a House measure that seeks to amend the intellectual property code as a means to curb online piracy, saying this menace is killing the entertainment and creative industry.
Source: inquirerdotnet - 🏆 3. / 86 Read more »