Trade Secretary Cristina Roque confirmed that inspections conducted across groceries and manufacturing facilities showed current food stocks are sufficient to last at least 30 days, particularly for basic necessities and prime commodities under government monitoring. No cases of hoarding or profiteering have been reported, she said, with daily nationwide surveillance ongoing.
Roque added that manufacturers have committed to holding prices steady for a minimum of one month, with some extending that pledge to 60 days.
Century Pacific Food Inc. chief executive Ted Po said the company’s operations are running without disruption. “Our factories are running, our inventories are healthy and our distribution network continues to supply retailers nationwide,” he said.
President Ferdinand Marcos Jr. visited the Century Pacific facility in Calamba, Laguna, where he reviewed supply and pricing conditions. The company, one of the country’s largest branded food manufacturers, produces canned tuna, sardines, meat, dairy, and plant-based products.
Marcos said the price commitment extends beyond Century Pacific to a broader group of food processors and retailers. “Not only Century but various food processors and retailers as well, we have adequate stock,” he said, noting the freeze would hold “for about a month, and for some maybe up to two months.”
The president said the government is in active coordination with suppliers to sustain the availability of essential goods, and urged the public against stockpiling.
