Thursday, June 19, 2008

High Cost of Manufacturing and Production

President Gloria Macapagal-Arroyo has ordered Department of Trade (DTI) Secretary Peter Favila to open a dialogue with different businessmen and manufacturers. This is in order to discuss their concerns relative to rising cost of their manufacturing or production of goods.

According to Press Undersecretary and deputy spokesperson Anthony Golez, "the government is willing to support the urgent needs of the business sector in order to cushion the passing of their production cost immediately to our consumers."

"We assure the public that government is doing everything it can to mitigate the effects of rising prices of basic commodities," Golez said. - Meet us at www.iamafilipina.com

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