Canned goods manufacturers to seek price hike, says DTI

Several manufacturers of canned goods will seek a price hike on their products following the increase in prices of ingredients and raw materials used in their production. According to the Departmen…

Several manufacturers of canned goods will seek a price hike on their products following the increase in prices of ingredients and raw materials used in their production.

The DTI said they are still waiting for the documents from manufacturers which will justify the price increases. “Wala tayong MDM dito. So they import it. Nagmo-move yung presyo, so we want to verify from them also,” DTI Undersecretary Ruth Castelo said. Meanwhile, some manufacturers of ham would lower their prices from P20 to P284 depending on the ham’s weight.

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:

EdgeDavao /  🏆 23. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Salty noodles, canned goods unsafe to public health — TulfoInstant noodles and canned sardines are “unsafe and dangerous” products, and could cause diseases such as kidney problem and diabetes, according to Senator Raffy Tulfo. READ:
Read more »

Marcos ready to defend peso, fight inflationMarcos says ready to defend the Philippine peso Marcos says to use interest rates to tame prices Philippine peso worst performer in Southeast Asia
Read more »

Transport group wants more aid amid nonstop fuel price hikesTransport group Pasang Masda president Obet Martin on Wednesday called on the Department of Transportation (DOTr) to provide more subsidies amid the continued increase in fuel prices.
Read more »

DTI lauds passage of ‘buy local’ ordinance in CaragaThe Department of Trade and Industry in Surigao del Norte (DTI-SDN) lauded Tuesday the approval of a municipal ordinance that promotes the “buy local” advocacy of the agency. In a statement, the DT…
Read more »

Fishers forced to seek alternative jobs due to expensive diesel, says PamalakayaFilipino fishermen, amid the continuous oil price hikes, are now being forced to seek alternative jobs to make ends meet.
Read more »