DA eyes setting SRP, another onion import order | New Day
CNN Philippines
2023-05-22
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House Speaker Martin Romualdez wants authorities to build a strong case against those behind the alleged onion cartel in the country.
The House Agriculture and Food Committee held nine hearings on the issue.
Marikina Representative Stella Quimbo alleged that a certain Lea Cruz was behind the artificial increase in onion prices through companies involved in all levels of the value chain.
Cruz denied she had a hand in the soaring prices of onion, which went up to ₱700 per kilogram in 2022.
This comes as Agriculture officials look to set a suggested retail price and import onions yet again as prices of the commodity continue to rise.
Currie Cator has the details.
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The House Agriculture and Food Committee held nine hearings on the issue.
Marikina Representative Stella Quimbo alleged that a certain Lea Cruz was behind the artificial increase in onion prices through companies involved in all levels of the value chain.
Cruz denied she had a hand in the soaring prices of onion, which went up to ₱700 per kilogram in 2022.
This comes as Agriculture officials look to set a suggested retail price and import onions yet again as prices of the commodity continue to rise.
Currie Cator has the details.
Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/
Follow our social media pages:
• Facebook: https://www.facebook.com/CNNPhilippines
• Instagram: https://www.instagram.com/cnnphilippines/
• Twitter: https://twitter.com/cnnphilippines
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