ICYMI: President Ferdinand Marcos Jr. is looking at stabilizing the price of onions in the market — now ranging from P600 to P700 per kilogram in some areas — by releasing smuggled onions seized in various operations.
“We’re trying to find ways to bring the smuggled onions that have been caught na ilagay na sa market para mabawasan ang supply problem,” he added.
The Chief Executive has conceded that the plan faces legal obstacles. Thus, the seized onions will not be released immediately. “But there are some legal issues to doing that immediately. So we’re still working on that. But we will keep the prices down by monitoring what’s happening in our palengke ,” Marcos noted.
Marcos’ proposal was also raised by the Bureau of Customs , the primary agency tasked to monitor shipments coming into the country. According to BOC Commissioner Yogi Filemon Ruiz, from the start of 2022 up to December 22, the bureau has already confiscated P23.5 billion worth of contraband, including various agricultural products.
BOC can donate the seized onions to Kadiwa stores — a Marcos administration project that minimizes logistical costs between farmers and market sellers to cut prices of essential goods.Onions are usually among the most common smuggled items as of late. Last December 23, BOC announced that the majority of the P171 million smuggled agricultural products seized in a recent operation are red and white onions.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Marcos Jr. mulls releasing seized smuggled onions to address rising pricesPresident Ferdinand Marcos Jr. is looking at stabilizing the price of onions in the market — now ranging from P600 to P700 per kilogram in some areas — by releasing smuggled onions seized in various operations. | GabrielLaluINQ
Read more »
PBBM orders continued suspension of e-sabong - BusinessMirrorPRESIDENT Ferdinand R. Marcos Jr. ordered the continued nationwide suspension and crackdown on e-sabong or electronic cockfighting. Last Wednesday, Marcos issued Executive Order (EO) No. 9 extending indefinitely the suspension on auxiliary e-sabong operations, which was first implemented by former President Rodrigo R. Duterte on May 3. The restriction will cover live-streaming or broadcasting of
Read more »
Marcos Jr. considering imposing COVID-19 tests for travelers from ChinaPresident Ferdinand Marcos Jr. on Thursday said the Philippines may impose additional COVID-19 testing requirements for travelers from China if backed by science and deemed necessary by the government. | BPinlacINQ
Read more »
Around 3,000 inmates eligible for executive clemency — CatapangThere are around 3,000 inmates, or persons deprived of liberty, qualified to be given executive clemency by President Ferdinand Marcos, Bureau of Corrections acting Director General Gregorio Catapang Jr. said Thursday. | T2TupasINQ
Read more »
Marcos orders continued suspension of e-sabong operationsPresident Ferdinand Marcos Jr. highlights the need to pursue an aggressive crackdown on illegal electronic cockfighting operations.
Read more »
Marcos Jr. considering imposing COVID-19 tests for travelers from ChinaMANILA, Philippines – President Ferdinand Marcos Jr. on Thursday said that the Philippines might be forced to impose additional COVID-19 testing requirements for travelers from China if the
Read more »