DTI-9: Price freeze in effect until Dec 20 PDF Print E-mail
Wednesday, 06 December 2017 17:08

The Department of Trade and Industry (DTI) regional office 9 is reminding the public particularly business establishments that the prize freeze order still remains in effect in Zamboanga City.

Consumer Protection Division Chief Jamir Omar Abubakar of the DTI-Provincial Office told the press briefing Monday that the price freeze took effect Oct. 20 when the Sangguniang Panlungsod passed Resolution 1335, declaring Zamboanga City under the state of calamity due to destructions caused by the inclement weather.

“Under the law, the price freeze takes effect in 60 days, thus it remains in effect until Dec. 20,” Abubakar said.

In addition to the price freeze monitoring, Abubakar said, the DTI is also monitoring closely the prices of basic and prime commodities, including the “noche Buena” products as well as the Christmas lights.

“We are doing the monitoring of prices of basic necessities on a daily basis. Posters on Suggested Retail Prices (SRP) have been posted in conspicuous places in business establishments for reference and guidance of the consumers and businesses,” the DTI official said.

“We make sure the stores are selling their products in accordance with the published SRP,” he said.

He also reminded the general public that Christmas lights must be compliant with mandatory standards. “Make sure the Christmas lights you buy or sell bear the ICC sticker to be sure of the quality.”

He appealed to the public to report to DTI anybody violating the price freeze and the mandatory price control on basic and prime commodities, especially during this Yuletide Season.-(Vic Larato)