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Saturday, July 12, 2008 |
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Food prices to stay
stable |
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Hikes forecast in canned goods, says DTI official |
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By Ben Arnold O. De Vera, Researcher
Prices of the majority of basic
commodities are most likely to remain stable until the end of the
third quarter of 2008, Secretary Peter Favila of the Department of
Trade and Industry said Friday.
He had just finished consulting
other government agencies and product producers and sellers during
the National Price Coordinating Council (NPCC) meeting.
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O T H E R R E P O R T S
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Diesel, kerosene
go up again this weekend
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A rollback implemented by three
oil firms in the middle of the week proved too good to be true as
pump prices are set to increase once again today.
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Oil prices rally
to $143, as Iran flexes its military muscle
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LONDON: Oil prices rose further
on Friday amid tensions over crude producer Iran and at the end of
an extremely volatile week of trading.
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Reasons clash on
what drives up fuel prices
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VIENNA: Since July, the average
oil prices of the Organization of Petroleum Exporting Countries
(OPEC) have almost doubled, rising from less than $70 per barrel to
more than $140.
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Cebu Pacific to
operate in Terminal 3 – DOTC
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Budget carrier Cebu Pacific on
Friday said it has signed an agreement with the Manila International
Airport Authority to operate at Ninoy Aquino International Airport
Terminal 3.
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Intelligence chief
says food riots not probable
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The military on Friday dismissed
fears that the continuous rise in prices of food and fuel would
trigger riots, saying that would only happen under “extreme”
conditions.
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FEATURE
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Boy dies getting
schoolbag from his burning home
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It was in the book of a young boy
to finish school, apparently at all costs. Francisco Leodones, 13,
paid for it with his life.
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ADB: Time right
for Asia to integrate
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The time is right for Asian
nations to look at financial integration, the Asian Development Bank
(ADB) said in a new study, stressing the benefits for promoting
growth and reducing poverty.
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