Onion smuggling rackets thrive as staple becomes a luxury in Philippines
Millions of dollars’ worth of onions seized by authorities as inflation crisis sees the cost of other basics soar
Their price soared so rapidly, some likened them to gold. Restaurants stripped them from their menus, officials warned travellers not to import them without special permission and millions of pesos’ worth have reportedly been seized in raids.
Between 500m and 600m pesos ($9m – $11m) worth of onions were impounded by officials last year, according to local media. The vegetable accounted …