SM stops Manila Bay reclamation work, seeks next steps from gov’t

SM Investments Corp. (SMIC) head of investor relations Timothy Daniel said Wednesday in a forum SMPH re -

Reaches World Cup Final

Trade Secretary Alfredo Pascual said the department is not inclined to approve petitions for price adjustments by food manufacturers until a thorough assessment is done.

Last week, some 13 food processors and manufacturers submitted petitions for price increases on 43 stockkeeping units (SKUs).

The petitions covered canned sardines, canned meat, coffee, instant noodles, three variants of milk, and toilet soaps.

“The decision is to put on hold the requested price hikes of manufactur-