Headlines
Lopez: with Martial Law in effect, prices in Iligan City should remain stable
ILIGAN CITY—In response to a report that prices of goods, specifically rice, have suddenly doubled, reaching almost PhP 5,000.00 per 50 kilograms, National Price Coordinating Council (NPCC) Chair and Department of Trade and Industry (DTI) Secretary Ramon Lopez, DTI Undersecretary for Consumer Protection Ted Pascua and DTI-Fair Trade Enforcement Bureau officials immediately conducted ground inspection and price monitoring in Iligan City on Monday (5 June). Sec. Lopez reported that based on the monitoring, prices of goods in Iligan City remain stable. He reiterated that with Mindanao still under Martial Law, any upsurge in prices in the region is considered illegal and therefore violators and profiteers will face appropriate sanctions. According to the initial report, PhP 100.00 per kilo of rice, whose price monitoring is under the Department of Agriculture (DA), is being sold in Marawi City and adjacent areas, amidst the ongoing encounter between state forces and Maute-ISIS group. Sec. Lopez reiterated the importance of consistent price monitoring for both basic and prime goods under DTI and for rice under DA, as well as the sustained flow of supply to prevent price increases in Iligan City. Iligan City instantly cradles refugees from Marawi City. There are reportedly 130,000 Marawi refugees, who currently stay in Iligan City. Sec. Lopez also called on state forces based in Marawi City to urgently report anyone, who intend to take advantage of the situation and sought help for the safe delivery of rice supply. Iligan City Mayor Celso Regencia, meanwhile, called on sectors for help, especially for those directly affected by the crisis situation. DTI coordinates with... read moreAris pushes for energy from waste, biomass
By JUNE S. BLANCO REP. Erico Aristotle Aumentado of Bohol’s 2nd District is looking at more sources of energy to meet the increasing demand of industries, and the population. On top of fossil fuel, geothermal, hydro (water), solar and wind that are currently in use, top on the chair of the House committee on science and technology’s sights are nuclear, waste and biomass power. To allay people’s fears of a repeat of the Chernobyl, Russia and Fukushima, Japan nuclear plant accidents, however, Aumentado, together with Zamboanga del Norte 1st District Rep. Seth Frederick Jalosjos, filed House Bill 3651 seeking to create a nuclear energy regulatory body. Meanwhile, Aumentado the other day talked with an investor keen on producing energy from waste – including plastics – as well as biomass, to meet the power demands of Bohol’s 2nd District. He said the former will cut government spending for the establishment of sanitary landfills. Funds saved from this, he said, can then go to infrastructure and even social projects instead. The solon expressed confidence that the mix of sources now and soon to be available will ultimately meet the growing power demands of the entire district – and even the province – without depending too much on the geothermal power plant in Tongonan, Leyte. An added advantage of biomass power, he explained, is the residuals in the conversion of biomass into power can be utilized as fertilizer – organic at that. The move, Aumentado said, will put his district one step closer to his aspiration of making it Bohol’s first “green”, that is environmentally sound, district. The waste and... read more