60-day price freeze, ipinatupad ng DTI-Surigao Del Norte
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NewsTranscript
00:00From the Philippine News Agency, a 60-day price freeze was implemented by the Department of Trade and Industry of Surigao del Norte.
00:08This was followed by their declaration of a state of calamity in the province, followed by a prolonged power outage.
00:14The following was the implementation of the Republic Act 7581 or Priced Act.
00:20As part of the DTI's no-price movement, canned fish or other canned marine products,
00:27locally manufactured instant noodles, bottled water, tinapay, processed milk, coffee, candles, soap, detergent, and salt.
00:36To clarify, the price of basic agricultural products such as rice, oil, meat, vegetables, fruits, and others
00:44is under the jurisdiction of the Department of Agriculture, while the price of medicines is under the Department of Health.
00:52And the decision on the price of petroleum gas and kerosene is under the jurisdiction of the Department of Energy.
00:58Meanwhile, there is a penalty.
01:00Establishments are subject to a price freeze, such as gambling, which amounts to Php 5,000 to Php 1,000,000
01:08or imprisonment within a year to 10 years.