Tuesday, November 26, 2013

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/

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