24/12/2021
‼️‼️‼️NEWS UPDATE‼️‼️‼️
(REPORT IT IMMEDIATELY BY TAKING SOME PHOTOS AND SEND IT DIRECTLY TO DTI Philippines /DTI Cebu )
➡️ DTI PUBLIC ADVISORY:
The public is informed that the Department of Trade and Industry has issued a price freeze on basic necessities under its jurisdiction following the declaration of a state of calamity in typhoon hit areas in the Visayas and Mindanao.
Retailers are warned not to take advantage of the situation.
Violators shall be charged and penalized with criminal and/ or administrative penalties for violations committed under the Price Act and existing rules and regulations.
Fines shall in no case be less than One Thousand Pesos (1,000.00) or more than One Million Pesos ( (1,000,000.00) for violation of the Automatic Price Control or Mandated Price Ceiling.
For illegal price manipulation, a fine of not less than Five Thousand Pesos (5,000.00) nor more than Two Million (2,000,000.00) shall be imposed against the violator.
Among the commodities that are categorized as basic necessities and monitored by the DTI are Bread , Canned fish and marine products, Potable water in bottles and containers , Processed milk , Locally manufactured instant noodles, Coffee, Salt, Laundry soap, Detergent , Candles, Flour Processed and canned pork, Processed and canned beef and poultry meat, Vinegar, Patis, soy sauce, Toilet soap , Paper, school supplies, Cement, clinker, G.I. Sheets, Hollow blocks, Construction nails , Batteries, electrical supplies, light bulbs , and Steel wires.
DTI VISAYAS and MINDANAO conducts price and supply monitoring in the aftermath of typhoon Odette.
(Source: DTI Central Visayas)