City mulls re­ac­ti­va­tion of lo­cal price coun­cil

Panay News - - BUSINESS -

ILOILO City – Iloilo City Mayor Jose Espinosa III said he will con­fer with the De­part­ment of Trade and In­dus­try (DTI) re­gard­ing the re­ac­ti­va­tion of the Lo­cal Price Co­or­di­nat­ing Coun­cil (LPCC).

“I will be get­ting ad­vice from the DTI. We will take it un­der con­sid­er­a­tion,” said Espinosa in an in­ter­view.

At present, t he city govern­ment is also mon­i­tor­ing prices to know the im­pact of the in­fla­tion on busi­nesses, he said. West­ern Visayas, in­clud­ing Iloilo City, has one of the high­est in­fla­tion rates in the coun­try, pegged at 7.4 per­cent last month.

In a pre­vi­ous in­ter­view, DTI provin­cial di­rec­tor Dios­dado Cadena Jr. said they had been re­mind­ing lo­cal govern­ment units to ac­ti­vate their LPCC, as he cited that most of such coun­cils in Iloilo are not func­tional.

The LPCC is a body that works on pol­icy rec­om­men­da­tions to ad­dress trade prob­lems, par­tic­u­larly the price and sup­ply of com­modi­ties in the mar­ket.

“Un­der the law, the LPCC shall not only mon­i­tor but could even act on vi­o­la­tions of the law, es­pe­cially on prices,” Cadena ex­plained.

BA­COLOD City – The Ne­gros Oc­ci­den­tal provin­cial govern­ment has re­newed its part­ner­ship with Ja­panese firm Ten­sh­in­zan (Philip­pines) Inc. for the con­tin­ued im­ple­men­ta­tion of a dairy de­vel­op­ment project at the Ne­gros First Ranch (NFR) in Barangay Sta. Rosa, Mur­cia town.

The ex­ten­sion of the col­lab­o­ra­tion for the sec­ond year was an­nounced by the Provin­cial Vet­eri­nary Of­fice ( PVO), af­ter the Provin­cial Board ap­proved a res­o­lu­tion on the sign­ing of the me­moran­dum

The LPCC is chaired by the lo­cal chief ex­ec­u­tive and the DTI as its vice-chair and sec­re­tariat.

I t s mem­bers are t he De­part­ment of Agri­cul­ture, De­part­ment of En­vi­ron­ment and Nat­u­ral Re­sources, De­part­ment of Health, De­part­ment of Sci­ence and Tech­nol­ogy, Na­tional Eco­nomic and De­vel­op­ment Au­thor­ity, Philip­pine Sta­tis­tics Au­thor­ity, the pri­vate sec­tor and a con­sumers’ group. ( PNA) of un­der­stand­ing ( MOU) be­tween the prov­ince and Ten­sh­in­zan Inc.

The PVO, headed by provin­cial vet­eri­nar­ian Renante De­cena, said in a state­ment that the provin­cial govern­ment con­tin­ues to pro­mote food se­cu­rity and lo­cal eco­nomic growth by im­prov­ing its dairy in­dus­try.

“It is the prov­ince’s way of mak­ing milk avail­able for the peo­ple,” it added.

The project also aims to en­cour­age lo­cal govern­ment

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