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Malacañang: Sugar shortage is artificial due to hoarding

Deparo, Caloocan warehouse raided; found containing smuggled sugar, rice —Malacañang – Manila Bulletin

As the government ramps up its campaign against sugar hoarders and profiteers, a warehouse in Deparo, Caloocan was raided by agents of the Bureau of Customs (BOC) on Monday, August 22. Deparo, Caloocan warehouse (Screenshots taken from videos provided by the Office of the Press Secretary)

Sugar shortage artificial due to hoarding: Palace

(File photo) MANILA - Malacanang on Monday confirmed that the supposed sugar shortage in the country is "artificial" and merely caused by hoarding done by unscrupulous traders. This after simultaneous operations were conducted by the Bureau of Customs (BOC), the Sugar Regulatory Administration, and the Department of Agriculture to inspect sugar warehouses in Deparo, Caloocan City; Balut in Tondo and San Nicolas in Manila; Rosales, Pangasinan; San Fernando, Pampanga; Ibaan, Batangas, and Davao. "The huge volume of sugar discovered by Customs agents in the various warehouses in Luzon has led Malacanang to conclude that the sugar shortage is artificial, brought about by the hoarding of sugar traders who wanted to rake-in huge profits from the sudden spike in sugar prices," the Office of the President (OP) said in a press statement. On Monday, BOC operatives conducted a raid at a warehouse located at No. 306 Kabatuhan St. along Deparo Road in Caloocan City. They also se

Destined to Be a Pastor | Adventist World

3 Min Read Published on: 11 hours ago Pastor Chua Banaag born July 26, 1909, to Benito Chua and Emilia Banaag in Siniloan, Laguna was a church leader and religious freedom advocate in the Philippines. 1 His parents named him “Pastor” because his mother hoped that he would become a gospel minister. His early life was characterized by the constant encouragement and Christian modeling of a godly mother. While a teen, he would come home from his work as a stenographer at the Everett Steamship Lines on Sabbath afternoons to attend the Trozo Adventist church’s young people’s meetings. There he was befriended by Jose Herrera, Antonio Abawag, and Eliseo Arevalo. Their friendship, and later the prayers and influence of his wife, Rosario, played major roles in his conversion to Seventh-day Adventism in 1934.

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