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Monday, April 14, 2008

 

Rice, flour to flood markets

Plan an alternative to declaring ‘emergency’

Government plans to flood the market with basic commodities in a bid to allay public jitters over soaring world prices of rice and flour, a Cabinet official said.

Flooding the market with flour and rice and other goods is a better alternative to declaring a state of emergency, said Secretary Peter Favila of the Department of Trade and Industry in a media briefing late Friday.

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O T H E R   R E P O R T S

 

EXCLUSIVE

LOS BAÑOS: A Filipino who shared the 2007 Nobel Peace Prize with former US Vice-President Al Gore Jr. warned that the Philippines will be hard hit by “more intense” droughts and heavier rainfall if Filipinos go on with their “business as usual” attitude toward climate change.

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House Speaker Prospero Nograles gave his full support to a new wage increase that he believes will ease public pressure caused by soaring prices of rice and other basic goods.

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FEATURE

There was a time when it was impossible for rice farmers to become millionaires. But with modern farming technology, like hybrid seeds, rice farmers have the chance to earn seven figures annually.

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The Defense department and the Armed Forces of the Philippines on Sunday recommended to President Gloria Arroyo that she pardon the nine junior officers sentenced to jail for their involvement in a 2003 failed coup.

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HANOI: Polluted, crossed by busy shipping lanes, and disputed by many countries, the South China Sea has taken an environmental battering that threatens future food supplies, marine scientists have warned.

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SPECIAL REPORT: OUR IMPERIAL PRESIDENCY

For several years now, San Juan City does not get its share of the Internal Revenue Allotment (IRA) on time, Mayor J.V. Ejercito told The Manila Times.

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Severino O. Frayna Jr., Benjie Dela Rosa
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