Category Archives: Economy

VP Leni Robredo’s Solution To Fight Rising Inflation: Ban Hamon, Keso de Bola And Fruit Cocktail This Christmas

0542B7E6-891D-46B7-9EC4-DA3180AE325DTORONTO, Canada (The Adobo Chronicles, Toronto Bureau) – Philippine Vice President Leni Robredo’s brand of economics is quite avant-garde.  Remember how she calculated the impact of the increasing prices of rice on poor Filipinos (4x10x4=1,600)?

Now, Robredo has what she calls a “fool-proof” solution to the rising inflation in her country.

Speaking to reporters upon her arrival in Canada, Robredo said the government needs to do more to ease the prices of basic commodities while boosting consumer spending in local industries.

”I propose that the government impose a total ban on hamon, keso de bola and fruit cocktail this coming Christmas season,” she said.

“These luxury food items prepared by many Filipino households as part of the traditional ‘Noche Buena” could only exacerbate the country’s sick economy.  Imagine if Filipinos spend their hard-earned money in more basic and simple commodities like rice, fish and vegetables rather than fancy food fares?  That’s a lot of savings!  Moreover, they would have extra cash to do their Christmas shopping for other goods like clothes, shoes, bags and new cell phones which, in turn, would benefit many of the small retailers.  It’s a win-win situation,” she told reporters.

So, here’s to a simpler and austere Christmas.  No more inflation!

 

Agri Sec Manny Piñol Says PH Will Import Sili From Chile

A4ECC71E-5BB9-486A-9B24-7BF34BA8F6EF.jpegMANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Agriculture Secretary Manny Piñol is a very busy man these days.  First he has to deal with the short supply of NFA rice and the increasing prices of commercial rice.  Then he also has to resolve the hot issue of the high prices of sili.

Well, problem solved, as far as sili is concerned.

Today, Piñol told The Adobo Chronicles that President Rodrigo Duterte has given the go signal for the Philippine government to import an undisclosed number of metric tons of sili from the South American country, Chile.

Piñol said this would greatly alleviate the burden of many Filipinos regarding their supply of sili and ensure their continued enjoyment of popular and traditional cuisine such as Bicol Express, sisig, laing and many other local delicacies.

Asked why PH chose to import from Chile instead of nearby countries like Thailand or Vietnam, Piñol said Duterte likes the rhyme between sili and Chile.

Well, whatever works!

For First Time Ever, Philippines To Import Tuyo

E8BB5EBC-01B0-4CF5-8461-92CBFF2BCA2BMANILA, Philippines (The Adobo Chronicles, Manila Bureau) – No less than Facebook Fact Checker Rappler has declared as a hoax reports that Rodrigo Duterte is the first Philippine President to import galunggong (round scad), an inexpensive fish popular among Filipinos. The fact is, the country has been importing galunggong since 2001.

But now, sources close to Agriculture Secretary Manny Piñol say that for the first time in Philippine history, the government is importing tuyo —  salted dried fish that’s always been identified as a “poor man’s food” because of its abundance and affordable price.

In a statement issued by the Presidential Communications Coordinating Office (PCOO), it was revealed that the non-stop Monsoon rains that have lingered on in the country is to blame.

”Without the sun, food producers can’t dry the fish,” the statement said, “so the Duterte Administration has no choice but to import the commodity from countries that have sunny weather.”

It wasn’t clear how long the tuyo shortage in the Philippines will last; it depends on the Monsoon situation.

As the TV Patrol weathercaster would say, “Ang buhay ay weather-weather lang.” (Life is but dependent on weather.)