Philippines imports onions to prevent price increases

The Philippines plans to import a significant amount of onions to prevent further price increases. According to a statement from the Plant Industry Bureau, it will issue import permits to private companies to import a total of 21,000 tons of onions by the end of the year. This measure is intended to ensure ample stock, especially in view of an expected increase in demand during the festive season. Earlier this year, the Philippines was forced to import onions due to price increases due to a shortage that started in late 2022. Some lawmakers ...