A supermarket industry association proposed that the government aid manufacturers in sourcing raw materials from the Philippines as a means of keeping prices low. READ:
January 11, 2023 | 8:22 pmA SUPERMARKET industry association proposed that the government aid manufacturers in sourcing raw materials from the Philippines as a means of keeping prices low.
“It would augur well for our economy if the reached out to the manufacturing sector and helped them with sourcing local raw materials. Develop the industries which would provide these raw materials and generate employment in the countryside as an added benefit,” Mr. Cua toldThe DTI announced in December that a new suggested retail price bulletin for basic necessities and prime commodities is expected to be released this month.
“The impact of having cheap and reliable quality raw materials will have a proportional effect on the price stability of basic necessities and prime commodities as well as gainful employment when local food manufacturing is prioritized,” Mr. Cua said. “Initially, maybe review every semester and focus on assisting in the development of the various local food industries and ascertain food security,” Mr. Cua said.
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