Panay News

City mulls reactivati­on of local price council

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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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