DTI serves notice to 24 retailers in Bantayan, Cebu found violating price freeze

On November 24, the Department of Trade and Industry (DTI) served notice to 24 retailers for violating the price freeze imposed in Central Visayas, which include the calamity stricken area of Batanyan Island.

DTI Cebu Provincial Director Nelia Navarro said the department found these retailers violating the price freeze during their monitoring of 51 establishments, which covered 40 retailers and 11 hardware stores, in the towns of Bantayan on November 21 and 22 this year.

Navarro related that “these violators have already undergone due process and they have committed to follow the price freeze.” 

In a statement released to media, Navarro clarified that the price freeze covers only basic goods and does not include construction materials.

DTI Central Visayas regional director Asteria Caberte added that the DTI continues to monitor the prices and supply of basic necessities in the region to ensure that the price freeze is being followed and that region has adequate supply of basic goods.

Caberte underscored that, under the Price Act, the basic necessities assigned to the Department of Trade and Industry (DTI) include canned fish and other marine products, processed milk, coffee, laundry soap, detergents, candles, bread, salt.

For other basic necessities, Caberte highlighted the Department of Agriculture’s (DA) jurisdiction on rice, corn, cooking oil, fresh eggs, fresh pork/ beef and poultry meat, fresh milk, fresh vegetables, root crops, sugar, fresh/ dried and other marine products; while the Department of Environment and Natural Resources (DENR) is responsible for firewood and charcoal; and, the Department of Health (DOH) – drugs classified as essential by DOH. (end)

For more news on DTI please visit http://tradeneconomydti.blogspot.com/ http://tradeneconomydtiact.blogspot.com/

DTI brings Diskwento Caravan to Maasin, Baybay,Catbalogan and Calbayog

Diskwento Caravan in Maasin, Leyte

After a successful run in Ormoc, the Department of Trade and Industry (DTI) brings the Diskwento Caravan to Maasin today (Nov. 18), Baybay, Leyte and Calbayog, Samar on Nov. 19, and Catbalogan on Nov. 20.

In a statement released to the media, DTI Central Visayas (DTI 7) Regional Director Asteria Caberte explained that Diskwento Caravans are meant to stabilize food supply in calamity areas and bring basic necessities at discounted prices to consumers, particularly in areas affected by super typhoon Yolanda.

DTI 7 regional office is closely coordinating with the DTI Eastern Visayas (DTI 8) Office, the Local Government Units (LGUs), and the Armed Forces of the Philippines (AFP) in holding the Diskwento Caravans.

Products featured in the Diskwento Caravan include bottled water, canned goods, coffee, milk, noodles, biscuits, bread, among others.

Five manufacturers and retailers in Cebu and Bohol including Alturas Group of Companies, Gardenia, NutriAsia, Dranix Distributors, Inc., Nestle, Purefoods/ San Miguel Corporation, Century Canning, Unilever are joining the Diskwento Caravans.

Sales during the Diskwento Caravan in Ormoc on Nov. 14 reached Php833,743.00 and generated around 8,803 transactions.

DTI is planning to mount a Diskwento Caravan in Tacloban, Leyte this coming Thursday, November 21.

Dir. Caberte underscores that the DTI conducts Diskwento Caravans in areas to ensure that local consumers will have enough access to essential goods and that prices of basic commodities are stabilized in the midst of the crisis consumers are facing.

The Diskwento Caravan is a project of the DTI which upholds the right of consumers to have access to prime and basic goods.

For more information on the Diskwento Caravan in Ormoc, interested parties may contact the following telephone numbers: DTI-Region 7 (032) 255.0036 or 255.0037.

Price freeze in Central Visayas

Meanwhile, Dir. Caberte disclosed that a price freeze on basic and prime goods is in effect in the provinces of Bohol, Negros Oriental, Cebu and Siquijor which have been placed under a State of Calamity due to damages brought by a 7.2 magnitude earthquake and category 5 typhoon.

Dir. Caberte explained that “the declaration of a state of calamity in a particular area renders an automatic price freeze on basic goods and considers prevailing prices at the time of the declaration as the actual price of these products.” 

“As contained in Section 6 of RA 7581 otherwise known as the Price Act, a price freeze is automatically implemented as a preventive measure in order to thwart overpricing of goods such as processed milk, canned goods, coffee, laundry soap, detergent, candles, bread during times of calamities,” Caberte added.

Caberte said that “a price control is in effect for the duration of 60 days or until the state of calamity is lifted.” 

She warned businessmen of the penalty for profiteering in price freeze areas.  “In Section 5 of the Price Act, profiteering is one of the illegal acts of price manipulation. It provides that an administrative fine of up to One Million Pesos (P1,000,000.00) and/ or a maximum of 10-year imprisonment shall be imposed for violation of Price Control or the price freeze. “

The Price Act lists the basic necessities assigned to DTI – canned fish and other marine products, processed milk, coffee, laundry soap, detergent, candles, bread, and, salt; assigned to the Department of Agriculture (DA) – rice, corn, cooking oil, fresh eggs, fresh pork/ beef and poultry meat, fresh milk, fresh vegetables, root crops, sugar, fresh/ dried and other marine products; assigned to Department of Environment and Natural Resources (DENR) – firewood and charcoal; and, the Department of Health (DOH) – drugs classified as essential by DOH. 

The DTI, as chairperson of the National Price Coordinating Council (NPCC), coordinates with members from government and private sectors, to cooperate with one another during natural disasters and emergencies.

Aside from basic and prime commodities, the DTI provincial offices in Central Visayas are presently monitoring prices and supply of construction and electrical materials, as well as compliance to mandatory standards, as part of its continuing interventions against the adverse impact of calamities. (end)

 

For more news on DTI please visit http://tradeneconomydti.blogspot.com/ http://tradeneconomydtiact.blogspot.com/

DTI brings Diskwento Caravan to Ormoc today Nov. 14

In a move to stabilize food supply and bring basic necessities at discounted prices to consumers in Ormoc, particularly in areas affected by super cyclone Yolanda, the Department of Trade and Industry (DTI) is holding a Diskwento Caravan today, November 14, 2013.

DTI Central Visayas regional office is closely coordinating with the DTI Eastern Visayas Office, the Local Government Unit (LGU) and the Armed Forces of the Philippines (AFP) in holding the Diskwento Caravan in Ormoc.
Products featured in the Diskwento Caravan include bottled water, canned goods, coffee, milk, noodles, rice, biscuits, bread, among others.
DTI Central Visayas Office is bringing retailers and manufacturers in Cebu such as San Miguel Corporation, Gardenia, NutriAsia, Nestle and Century Canning to the calamity stricken Ormoc City.

DTI-Central Visayas Regional Director  Asteria Caberte underscores that the DTI  conducts Diskwento Caravans in calamity areas to ensure that local consumers will have enough access to essential goods and that prices of basic commodities are stabilized in the midst of the crisis consumers are facing.

The Diskwento Caravan is a project of the DTI which upholds the right of consumers to have access to prime and basic goods.

For more information on the Diskwento Caravan in Ormoc, interested parties may contact the following telephone numbers: DTI-Region 7 (032) 255.0036 or 255.0037.

DTI Central Visayas Office is bringing retailers and manufacturers in Cebu such as San Miguel Corporation, Gardenia, NutriAsia, Nestle and Century Canning to the calamity stricken Ormoc City.
DTI-Central Visayas Regional Director  Asteria Caberte underscores that the DTI  conducts Diskwento Caravans in calamity areas to ensure that local consumers will have enough access to essential goods and that prices of basic commodities are stabilized in the midst of the crisis consumers are facing.

The Diskwento Caravan is a project of the DTI which upholds the right of consumers to have access to prime and basic goods.

For more information on the Diskwento Caravan in Ormoc, interested parties may contact the following telephone numbers: DTI-Region 7 (032) 255.0036 or 255.0037.

DTI-Central Visayas Regional Director  Asteria Caberte underscores that the DTI  conducts Diskwento Caravans in calamity areas to ensure that local consumers will have enough access to essential goods and that prices of basic commodities are stabilized in the midst of the crisis consumers are facing.

The Diskwento Caravan is a project of the DTI which upholds the right of consumers to have access to prime and basic goods.
The Diskwento Caravan is a project of the DTI which upholds the right of consumers to have access to prime and basic goods.

For more information on the Diskwento Caravan in Ormoc, interested parties may contact the following telephone numbers: DTI-Region 7 (032) 255.0036 or 255.0037.

The Diskwento Caravan is a project of the DTI which upholds the right of consumers to have access to prime and basic goods.
For more information on the Diskwento Caravan in Ormoc, interested parties may contact the following telephone numbers: DTI-Region 7 (032) 255.0036 or 255.0037.

For more information on the Diskwento Caravan in Ormoc, interested parties may contact the following telephone numbers: DTI-Region 7 (032) 255.0036 or 255.0037.



Dir. Caberte explained that “the declaration of a state of calamity in a particular area renders an automatic price freeze on basic goods and considers prevailing prices at the time of the declaration as the actual price of these products.” 

“As contained in Section 6 of RA 7581 otherwise known as the Price Act, a price freeze  is automatically implemented as a preventive measure in order to thwart overpricing of goods such as processed milk, canned goods, coffee, laundry soap, detergent, candles, bread during times of calamities,” Caberte added.
Dir. Caberte explained that “the declaration of a state of calamity in a particular area renders an automatic price freeze on basic goods and considers prevailing prices at the time of the declaration as the actual price of these products.” 

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“As contained in Section 6 of RA 7581 otherwise known as the Price Act, a price freeze  is automatically implemented as a preventive measure in order to thwart overpricing of goods such as processed milk, canned goods, coffee, laundry soap, detergent, candles, bread during times of calamities,” Caberte added.
“As contained in Section 6 of RA 7581 otherwise known as the Price Act, a price freeze  is automatically implemented as a preventive measure in order to thwart overpricing of goods such as processed milk, canned goods, coffee, laundry soap, detergent, candles, bread during times of calamities,” Caberte added.
She warned businessmen of the penalty for profiteering in price freeze areas.  “In Section 5 of the Price Act, profiteering is one of the illegal acts of price manipulation. It provides that an administrative fine of up to One Million Pesos (P1,000,000.00) and/ or a maximum of 10-year imprisonment shall be imposed for violation of Price Control or the price freeze. “

The Price Act lists the basic necessities assigned to DTI – canned fish and other marine products, processed milk, coffee, laundry soap, detergent, candles, bread, and, salt; assigned to the Department of Agriculture (DA) – rice, corn, cooking oil, fresh eggs, fresh pork/ beef and poultry meat, fresh milk, fresh vegetables, root crops, sugar, fresh/ dried and other marine products; assigned to Department of Environment and Natural Resources (DENR) – firewood and charcoal; and, the Department of Health (DOH) – drugs classified as essential by DOH. 

The DTI, as chairperson of the National Price Coordinating Council (NPCC), coordinates with members from government and private sectors, to cooperate with one another during natural disasters and emergencies. 
She warned businessmen of the penalty for profiteering in price freeze areas.  “In Section 5 of the Price Act, profiteering is one of the illegal acts of price manipulation. It provides that an administrative fine of up to One Million Pesos (P1,000,000.00) and/ or a maximum of 10-year imprisonment shall be imposed for violation of Price Control or the price freeze. “
The Price Act lists the basic necessities assigned to DTI – canned fish and other marine products, processed milk, coffee, laundry soap, detergent, candles, bread, and, salt; assigned to the Department of Agriculture (DA) – rice, corn, cooking oil, fresh eggs, fresh pork/ beef and poultry meat, fresh milk, fresh vegetables, root crops, sugar, fresh/ dried and other marine products; assigned to Department of Environment and Natural Resources (DENR) – firewood and charcoal; and, the Department of Health (DOH) – drugs classified as essential by DOH. 

The DTI, as chairperson of the National Price Coordinating Council (NPCC), coordinates with members from government and private sectors, to cooperate with one another during natural disasters and emergencies. 
The Price Act lists the basic necessities assigned to DTI – canned fish and other marine products, processed milk, coffee, laundry soap, detergent, candles, bread, and, salt; assigned to the Department of Agriculture (DA) – rice, corn, cooking oil, fresh eggs, fresh pork/ beef and poultry meat, fresh milk, fresh vegetables, root crops, sugar, fresh/ dried and other marine products; assigned to Department of Environment and Natural Resources (DENR) – firewood and charcoal; and, the Department of Health (DOH) – drugs classified as essential by DOH. 
The DTI, as chairperson of the National Price Coordinating Council (NPCC), coordinates with members from government and private sectors, to cooperate with one another during natural disasters and emergencies. 
The DTI, as chairperson of the National Price Coordinating Council (NPCC), coordinates with members from government and private sectors, to cooperate with one another during natural disasters and emergencies. 

Price freeze still in effect

Meanwhile, Dir. Caberte disclosed that a price freeze on basic and prime goods remains in effect in the provinces of Bohol and Cebu which were placed under a State of Calamity due to damages brought by a 7.2 magnitude earthquake and category 5 typhoon.

Caberte said that “a price control is in effect for the duration of 60 days or until the state of calamity is lifted.” 

Aside from basic and prime commodities, the DTI provincial offices in Central Visayas are presently monitoring prices and supply of construction and electrical materials, as well as compliance to mandatory standards, as part of its continuing interventions against the adverse impact of calamities. (end)

For more news on DTI please visit http://tradeneconomydti.blogspot.com/ http://tradeneconomydtiact.blogspot.com/