Owners of local cold storage facilities must help the government prevent the hoarding of agricultural products, such as onions, according to a lawmaker. Cold storage owners must cooperate with the government and not hoarders, Rep. Rodante Marcoleta of Sagip Partylist said during a House Committee on Agriculture and Food hearing…
Owners of local cold storage facilities must help the government prevent the hoarding of agricultural products, such as onions, according to a lawmaker.
“The House will cite in contempt Eric Pabilona of Tian Long Corp. for openly defying the orders and authority of this committee in finding out the truth. What we need is the cooperation of cold storage [owners],” he said. “All the data will speak for themselves, you [cold storage owners] have to cooperate with the government. You are not our enemy, but you cooperate with hoarders; that’s the problem.”
Prices of onions skyrocketed to more than P700 per kilogram in December 2022. This despite the fact that the government had set a suggested retail price of P170 per kg for red onions in October. Agriculture Assistant Secretary Rex Estoperez also said the government would be forced to import onions if traders will not release their stocks.
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