Pascual: DTI helping government partners monitor sugar hoarding | ABS-CBN
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Pascual: DTI helping government partners monitor sugar hoarding
Pascual: DTI helping government partners monitor sugar hoarding
Anjo Bagaoisan,
ABS-CBN News
Published Aug 20, 2022 10:39 AM PHT

The Department of Trade and Industry has also been keeping tabs on the current sugar shortage in the country, its head said Friday.
The Department of Trade and Industry has also been keeping tabs on the current sugar shortage in the country, its head said Friday.
Sec. Alfredo Pascual told reporters he has received a report of operations against suspected sugar hoarders and illegal importers but said it is being evaluated by his office.
Sec. Alfredo Pascual told reporters he has received a report of operations against suspected sugar hoarders and illegal importers but said it is being evaluated by his office.
Pascual clarified the DTI is only playing a supporting role in government efforts to address the issue.
Pascual clarified the DTI is only playing a supporting role in government efforts to address the issue.
"Chine-check namin lang. Tinutulungan namin ang other partners in government to check kung mayroong hoarding. Di ba ‘yon lang naman ang titingnan diyan," Pascual said during an interview at an aviation company’s event in Pasay City.
"Chine-check namin lang. Tinutulungan namin ang other partners in government to check kung mayroong hoarding. Di ba ‘yon lang naman ang titingnan diyan," Pascual said during an interview at an aviation company’s event in Pasay City.
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He declined to say if there will be further actions taken against those who had been raided in previous days.
He declined to say if there will be further actions taken against those who had been raided in previous days.
"Wala pang final verdict. Of course, may due process pa nga. I don’t want to jump into any conclusion when I don’t have all the facts yet," Pascual said.
"Wala pang final verdict. Of course, may due process pa nga. I don’t want to jump into any conclusion when I don’t have all the facts yet," Pascual said.
The Department of Agriculture and the Sugar Regulatory Administration are the agencies in charge of managing supply and regulating the price of sugar.
The Department of Agriculture and the Sugar Regulatory Administration are the agencies in charge of managing supply and regulating the price of sugar.
However, the DTI has been constantly monitoring sugar prices, Pascual said.
However, the DTI has been constantly monitoring sugar prices, Pascual said.
Malacañang earlier said major supermarkets agreed to hold the suggested sugar retail price at P70 and sell only a maximum of a kilo by next week.
Malacañang earlier said major supermarkets agreed to hold the suggested sugar retail price at P70 and sell only a maximum of a kilo by next week.
The Palace added it will probe a possible "artificial" shortage in the commodity.
The Palace added it will probe a possible "artificial" shortage in the commodity.
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Read More:
Department of Trade and Industry
DTI
sugar prices
sugar importation
Department of Agriculture
Alfredo Pascual
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