DTI pushes for price freeze due to COVID-19

The Department of Trade and Industry (DTI) has insisted on a price freeze implementation on basic goods amid the state of public health emergency in the country.

The DTI said prices of goods such as rice, sardines, coffee, and essential medicines declared by the health department must remain until June this year.

The DTI also warned it will punish abusive business owners taking advantage of the situation.

“The country right now is in a state of emergency, so people cannot take advantage. Business cannot take advantage of the general situation of the consumer, ” DTI USec. Ruth Castelo said. – Report from Cleizl Pardilla

Popular

PBBM to Asian countries: Act together vs. oil supply shocks

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. on Wednesday called for stronger regional cooperation to address energy supply disruptions,...

PBBM leads regional OFW reintegration program

By Brian Campued In line with his directive that no Filipino should be left behind amid the impact of the geopolitical conflicts in the Middle...

PBBM to bolster bilateral ties with Oman, 6 other nations

By Dean Aubrey Caratiquet Enhancing cooperation with like-minded nations has never been more important today, amidst various geopolitical developments around the globe that may directly...

PBBM orders extension of ITR filing deadline to May 15

By Dean Aubrey Caratiquet As part of the government’s initiatives to ease the burden of the citizenry amid these challenging times, President Ferdinand R. Marcos...