Wednesday, June 11, 2008

RICE MISADVENTURES 2: NBI raids rice warehouse repackaging NFA rice but NFA declares it is authorized

The National Bureau of Investigation raided several warehouses over the week and in one warehouse, they found out that NFA rice is being repacked and repackaged. However, National Food Authority Davao Manager Lorenzo Camayang said it is one of the warehouses of the NFA and is authorized to repack the NFA rice which is intended to be sold to compete and discouraged retailers from increasing the price of commercial rice.

Camayang said the NBI was not aware that the said warehouse was under the NFA. Turns out that NFA could not even properly coordinate with the NBI. Why not just give the NBI a list of the NFA accredited and owned warehouses to avoid bloopers like these in the future--if this is indeed a blooper?

CBS revives Financial Wellness Roadshow for teachers

Around 500 participants joined China Bank Savings ’ (CBS) “Financial Wellness Roadshow for Teachers” Mindanao run. The free seminars were la...