Uot The Statement Said Violators Can Be Charged And Penalized With Criminal Or Administrative Penalties For Violations Committed Under Price Act Existing Rules Regulations Fines Shall In No Case Less Than Php1 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

WARNING VS. OVERPRICING. Photo shows motorists lining up for fuel at a gasoline station in the Cebu South Coastal Road in Talisay City, Cebu in the aftermath of Typhoon Odette. The Department of Trade and Industry (DTI) in Central Visayas on Friday (Dec. 24, 2021) issued a "strong warning" against traders who are overpricing basic commodities, with 42 supermarkets and stores in Bohol already slapped with show cause orders for violation of the price freeze order. (PNA photo by John Rey Saavedra) CEBU CITY - The Department of Trade and Industry (DTI) in Region 7 on Friday issued a "strong warning" against unscrupulous traders that are found violating the price freeze order from the agency, as it is currently intensifying monitoring of non-compliant establishments. DTI-7 regional director Maria Elena Arbon confirmed that a price freeze on basic necessities is in place for 60 days following Proclamation No. 1267 declaring a state of calamity in the Visayas and Mindanao

Negros orientalPhilippines generalMaria elena arbonCentral visayasPrice actWarning vs overpricing photo shows motorists lining up for fuel ata gasoline station in the cebu south coastal road talisay cityEbu in the aftermath of typhoon odette department trade and industry dti central visayas on friday dec 24021 issueda quot strong warning against traders who are overpricing basic commoditiesIth 42 supermarkets and stores in bohol already slapped with show cause orders for violation of the price freeze order pna photo by john rey saavedra cebu city department trade industry dti region 7 on friday issueda quot strong warning against unscrupulous traders that are found violating from agencyS it is currently intensifying monitoring of non compliant establishments dti 7 regional director maria elena arbon confirmed thata price freeze on basic necessities in place for 60 days following proclamation no 1267 declaringa state calamity the visayas and mindanao areas affected by typhoon odette trade agency conducting supply worst hit other towns cities region said violations have yet been found major within central as office has just released list under howeverHere were vendors in bohol who made to explain why they selling goods beyond the price ceiling dti listed 104 establishments that are under close monitoring due complaintsHile 42 supermarkets and stores were already slapped with the show cause orders quot these are partial report as data is being verified transmitted to dti consumers advised any violationsUot the dti bohol said ina statement if an unjustified increase of prices basic necessities is provenRbon said the traders will be issueda notice of violation by dti agency is coordinating with local government units in monitoring establishments 39 compliance price freeze issued on thursday if there an allegedA local government unit lgu can suspendR cancel the business permit which gives them license to operate dti has also been receiving several unverified reports and social media posts of unscrupulous traders selling water construction materials at relatively high prices department appealed for public vigilance in these trying times aftermath typhoon that bettered all four provinces region 7 consumers can report acts violate price freeze order 09178188419 or cebu fb page 038 5018260 bohol 035 4809065 siquijor 0917 300 5811 negros oriental quot may reach out their respective lgus with corresponding proof identifiable location so agency act on it immediately