BUSINESS BRIEFS

By January 28, 2024Business

(Filed by 104.7 IFM Dagupan News)

AutoPro says 1% of jeepneys in Pangasinan not consolidated 

 ONLY one percent of the traditional jeepneys in Pangasinan have not consolidated for the Public Utility Vehicle Modernization Program (PUVMP).

Bernardo Tuliao, president of the Alliance of United Transport Organizations Provincewide (AutoPro) assured commuters need not worry as the 99 percent that have consolidated will still ply their usual routes. (Mathew Pacheco)

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Dagupan’s trike drivers seeking higher fare 

PUBLIC Order and Safety Office chief Arvin Decano is set to consult with the Sangguniang Panlungsod regarding the request of tricycle operators and drivers of Dagupan City for authority to increase their fare.

Members of the tricycle sector told Decano of the pressing need to increase their P10 fare because the P10 minimum as indicated in their fare matrixes is unrealistic because of the high costs of fuel, including spare parts. Many of their passengers who are aware of this reality, voluntarily pay higher fare as an act of kindness to the poor tricycle drivers. (Joana de Vera)

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NFA says there is ample rice supply in Pangasinan

THERE is enough supply of rice that could sustain the needs of the people of Pangasinan till the next harvest season in March for the second cropping season. At present, NFA has 20,000 bags of 50-kilo rice or 1,000 metric tons, which was stocked by the agency up to December last year.  On top of these, there is an additional 20,805 bags of buffer stock but admittedly much lower than the target 485,500 bags.

Meanwhile, Dulay clarified that the low buffer stock will not have a direct effect on the supply of rice in the whole province as NFA is optimistic that it could procure 100,000 bags of palay from local farmers by next harvest season in March. (Mathew Pacheco )

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Mangaldan farmers opt to plant water melon 

 BECAUSE of worsening water crisis caused by the El Niño phenomenon, farmers of Mangaldan are now planting drought-resistant crops like water melon, corn and mongo which do not need enough water to grow.

Farmers are optimistic they can recoup the losses they suffered when they planted rice by planting water melon. Water melon is among the farm crops identified to be planted in Mangaldan after rice. (Badz Agtalao)

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Price of chicken unchanged despite import ban on poultry products 

  VENDORS in Dagupan said despite the import ban there is enough supply of chicken coming from various poultry farms in Pangasinan.

The Philippines used to import chicken from Japan but this was discontinued because of the import ban from countries now hit by bird flu. To date, the price of chicken meat in the market ranges from P160 to P170 per kilo. (Joan Garcia)

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Onion oversupply forces price drop 

 THE price of the onions in markets in Dagupan City significantly dropped to P50 from P400 per kilo to the dismay of farmer-producers who invested so much for their onion plants. They had no choice but to deliver the onions to the markets in bulks because there is no cold storage facility they can use.

The absence of storage facilities perennially besets onion farmers. After each harvest, they are forced to bring their onions to the market at the soonest possible time to earn a little. (Joana de Vera) 

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Price of eggs now  down to P6 apiece 

THE price of eggs in the market last week was down, according to a price survey conducted by IFM Radio Dagupan. The lowest price of eggs being sold by vendors at the Malimgas Public Market was P6 apiece, from P9 apiece last month, P7 per piece for the medium-sized and P8.50 per piece for the large-size eggs.

However, the price of eggs in supermarkets was P10 a piece. (Rona Racca)

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Price of pork increase, chicken meat and beef remain unchanged  

THE price of pork in the markets of Dagupan was slightly higher last week, P340 per kilo. It was P310 per kilo at the start of January this year. Meat vendors attributed it to increase in price of pork by suppliers.

However, the price of chicken meat was still P180 per kilo while beef was still P360 per kilo. (Rona Racca)

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Price of rice continues to spike

THE price of rice, regularly-milled or well-milled, remains high. A price survey conducted by IFM Dagupan showed that regularly-milled rice remains from P54 to P56 per kilo and the well-milled rice is being sold at P58 per kilo.

But consumers did panic-buying because of the report that the price of rice will still increase by P2 to P3 pesos by next month. Agricultural groups said the expected rice price increase could be due to the impact of the El Niño phenomenon and the high price in the international market of imported agricultural commodities. (Rona Racca)

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