MANILA -- The government will continue to monitor commodity prices as petroleum companies warned of an impending price hike this week following oil price movement in the global market.

In a radio interview over dzRB Radyo ng Bayan on Sunday, Presidential Communications Operations Office Secretary Herminio Coloma Jr. said the government has been carrying out measures to prevent unreasonable adjustments in commodity prices.

But he said today's market realities, like commodity prices are driven by market forces and the government can not do much about it.

Bayan hits triple whammy

Bayan Muna Rep. Neri Colmenares yesterday hit the triple whammy of price hikes on oil, power and water saying that the government policy of deregulation, privatization and liberalization is the root cause of these price hikes, in a press release from his office.

Colmenares, Senior Deputy Minority Leader also said in the press release “Take the case of oil firms, they are so fast to jack up oil prices but are so slow to roll back. Why should there be another big time oil price hike when oil companies have a buffer stock that was purchased when the price was lower? Worse oil prices are decreasing in the international market but it is increasing here.”

DOLE sets training
on organic farming

The Department of Labor and Employment  as part of its livelihood programs, is funding the training of high school students  in organic farming.

Labor Secretary Rosalinda Baldoz,  who was in Negros Occidental Friday, lauded  the growth of organic farming in  the province and the thrust of Department of Labor and Employment in  Region 6 in pushing the program to train high school students.

 DOLE Regional Director 6 Ponciano Ligutom said  Baldoz, while in the province, visited  an organic farm.

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