The Department of Trade and Industry said 'inquiry letters' have been issued for instances of overpricing in areas affected by OdettePH.
"Nakapag-issue na rin tayo, base sa mga ni-report sa atin, mgaAt ang kasunod po noon ay kaso pagka ito po'y hindi talaga sa atin na-explain 'yung pagtaas ng presyo na 'yun. AtDTI Secretary Ramon Lopez said during President Rodrigo Duterte's weekly Talk to the People address.
[Translation: We have issued, based on reports, around 50 explanation letters, inquiry letters. Cases would follow these if they cannot sufficiently explain why they raised prices. And after they are apprehended, they correct the prices.] In his report, Lopez said 50 letters were issued in Bohol and two in Cebu. Another eight were issued in Northern Mindanao, while seven show cause orders were issued in Misamis Oriental.Apprehensions were also made, Lopez added, mentioning instances of overpricing in Bohol and Cebu but said once caught, sellers corrected their prices.in six regions in the aftermath of Typhoon Odette.
Lopez also said that during visits to regions affected by the storm, assessments were made to determine which small businesses needed the most help.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DTI: Profiteers flagged in typhoon-hit areasPresident Rodrigo Duterte on Monday ordered the Department of Trade and Industry to look into reports of profiteering and overpricing in provinces affected by typhoon Odette.
Read more »
DTI: Profiteers flagged in typhoon-hit areasPresident Rodrigo Duterte on Monday ordered the Department of Trade and Industry to look into reports of profiteering and overpricing in provinces affected by typhoon Odette.
Read more »
2 establishments in Cebu told to explain alleged overpricingAt least two establishments here were ordered to explain before authorities why they allegedly sold overpriced essential goods.
Read more »
DTI looking into allowing higher frozen prices based on certain circumstances in Odette-hit areasCiting the Price Act, a Trade official says costs of items other than their prevailing prices can be recommended to the President for freezing given certain conditions like supply and logistics concerns barring firms from selling goods at their current costing.
Read more »
PEACETALK: Open letter: Love is the AnswerZAMBOANGA CITY (MindaNews / 25 December) — Thirty years ago, on May 20, 1992, Fr. Salvatore Carzedda, PIME, an active member of Silsilah Dialogue Movement was killed in Zamboanga City. He was…
Read more »
Kris Aquino back in fighting form: ‘You are now getting the Aquino you super deserve’‘HELLO, KANDIDATO BA ‘KO?’ Former TV host and actress Kris Aquino was back to fighting form despite her health issues, lambasting her critics after being accused of politicizing her relief efforts for Typhoon OdettePH survivors. READ:
Read more »