DTI urges Mindanao LPCCs to intensify supply, price monitoring

  • June 19, 2017

CAGAYAN DE ORO CITY, June 19 --- Trade and Industry (DTI) Secretary and National Price Coordinating Council (NPCC) Chairman Ramon Lopez urged all chairpersons of the Local Price Coordinating Council (LPCC) to strengthen the supply and price monitoring in Mindanao a week after President Rodrigo ‘Rody’ Duterte declared martial law in the entire island.

 

In his letter, he emphasized the importance of Republic Act 7581 Section 6 (also known as the Price Act).

 

The law states that “Unless otherwise declared by the President, prices of basic necessities in an area shall automatically be frozen at their prevailing prices or placed under automatic price control whenever that area is declared or placed under martial law.” In line with this, the LPCC bears a major role in the implementation of price freeze and in monitoring the movement of prices and supplies in different areas under the focused island.

 

The Secretary’s call for urgency aims to ensure that retailers are not selling above the prevailing retail prices in their respective areas and to immediately report and recommend actions to correct sudden price hikes and supply shortages.

 

In Northern Mindanao, there are 98 identified chairpersons of the LPCC, most of which are governors and mayors of municipalities and cities.

 

Recently, the secretary personally checked the prices of goods and commodities in a number of wet markets, grocery stores and supply storages in Iligan and Cagayan de Oro cities.

 

He also belied reports that prices in places near Marawi City, Lanao del Sur have tripled since there were no basis for the claim.

 

The intensified price and supply monitoring will be sustained until the Martial Law declaration in Mindanao will get lifted. (DTI-10/PIA-10)


Other News

Antique Guv: participate  during "Pista Kang Kagubatan"
  • June 29, 2017
SAN JOSE, Antique June 29 (PIA) - - The Governor called on Antiquenos to participate in the tree planting activity set on June 30, 2017 at Camp Leandro Fullon, Barangay San Fernando, the Municipality.   “The activity is pursuant to Provincial Ordinance No.2015-109, wherein the Provincial Government will celebrate “Pista Kang Kagubatan on June 30 with the theme “Kagubatan Tamnan, Protektaha: Kaaraydan Kang Tanan,” said Governor Rhodora Cadiao in her invitation to all government employees and other institutions to join the tree planting activity.   The governor said that activity a...Read more
Albay reports huge increase in quarry income
  • June 29, 2017
LEGAZPI CITY, June 29 (PIA) – The provincial government of Albay reported generating P69.2 million in taxes on sand and gravel in less than a semester of 2017.   The January to May proceeds from quarrying sand and gravel amounted to P69,250,066, which was considerably higher than the P38,633,810 collected in the entire 2016, records at Albay’s Provincial Environment and Natural Resources Office (PENRO) showed.      Albay Governor Al Francis Bichara attributed the substantial increase to some basic reforms that he introduced, mainly adjusting the tax rates, and reorganizing ...Read more
Pangasinan school accepts transferees from Marawi
  • June 29, 2017
URDANETA CITY, June 29  (PIA) -  The Urdaneta I Central School in eastern Pangasinan is now the second home of at least 12 students from embattled Marawi City, upon their transfer to this province.   School Principal Dr. Robert Tababa said the pupils, whose age bracket ranges from seven to 12 years old, were warmly welcomed by the school despite the lack  of  school credentials like birth certificates and report cards.   “May Department of Education policy tayo na i-accept ang mga bata maski walang credentials kung may nangyaring kalamidad sa kanila either man-made o natur...Read more
SSS formally opens its newly-relocated branch in Capiz
  • June 29, 2017
ROXAS, CAPIZ, June 29 (PIA) -- The Social Security System (SSS) formally opened its newly-relocated branch office in Roxas City on June 28, 2017, serving about 2,450 employers and more than 33,500 members and pensioners in 578 barangays.   “As the provincial capital of Capiz, I think it is our job to create bigger branches to accommodate the increasing number of SSS members and employers in Western Visayas,” SSS President and Chief Executive Officer Emmanuel F. Dooc said.   The recently-upgraded branch office is now located at the ground floor of CityMall Roxas along Arnaldo...Read more