Bruce Tolentino, a Monetary Board member, has raised concerns over the plan to expand the rollout of Kadiwa outlets nationwide, noting it is “politically easy” yet unsustainable. | jordeenelagare /PDI
The Kadiwa project will benefit Filipino consumers in a depressed community or in the event of a disaster or emergency in the short term.“You can only keep it briefly. You can only keep it for a few weeks, a few months. It will cost [the] government money,” Tolentino told reporters.
President Marcos, concurrently serving as the country’s agriculture chief, has been expanding the Kadiwa stores in a move to address the steep prices of agricultural products and provide a ready market for farmers and fishers.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Parañaque LGU announces road closures for Feast of San Nicolas de TolentinoThe Parañaque City government will implement road closures along the stretch of Quirino Avenue in celebration of the Feast of San Nicolas, the patron saint in Barangay La Huerta, starting 2 p.m. up to 5 p. m. on Sunday, May 7. ManilaBulletin
Read more »
Ayala to raise fund in return to pre-pandemic profit level | VG CabuagAyala Corp. on Thursday has priced the re-issuance of its preferred shares at the Philippine Stock Exchange (PSE), which it hopes to raise some P20 billion in fresh funds. The company has placed a P2,500-price for each of the preferred shares that it will offer, which will be listed and…
Read more »
‘PHL must reckon with nuclear issue’ | Cai U. OrdinarioINCHEON, South Korea—The Philippines believes it will still be able to benefit from the Asian Development Bank’s (ADB) transformation as the region’s climate bank, according to the Bangko Sentral ng Pilipinas (BSP). In an interview with the BusinessMirror, BSP Governor Felipe M. Medalla said the Philippines is committed to transition…
Read more »
Korean show ‘Jinny’s Kitchen’ airs last episode with stars answering questions from viewers“Jinny’s Kitchen” (aka “Seojin’s”), the unscripted Korean show, aired its 11th and final episode on May 5 with the stars answering questions from viewers. ManilaBulletin
Read more »