268 0 0 4 min to read

In NegOr, there will be no post-typhoon stockpiling and a price increase, according to the DTI.

Following the onslaught of Typhoon Odette last month, the Department of Trade and Industry (DTI) in Negros Oriental reassured the public on Monday that it is keeping a close eye on prices and the stability of the supply of commodities in the province.

In an interview with the Philippine News Agency, DTI province director Nimfa Virtucio said that there has been no hoarding or lack of commodities thus far, particularly in this capital city.

“We’ve observed how individuals from typhoon-affected areas in Negros Oriental, as well as those from surrounding Cebu municipalities, are flocking to Dumaguete for their necessities,” she remarked in a mix of English and Cebuano.

People hurried here to stock up on food, fuel, water, and even power generators after Typhoon Odette wreaked havoc in the province’s central and northern towns and cities, according to Virtucio.

She said that while the shelves were being emptied quickly, they were also being restocked quickly and that there was enough for city inhabitants as well.

Virtucio stated that her agency has reminded businesses to sell their products at the suggested retail price (SRP).

Virtucio said there is no Department of Energy (DOE) office here, but the DTI is in contact with the agency about the unlawful sale of gasoline in liter bottles outside of licensed pumping stations.

Meanwhile, Virtucio responded to a resolution passed by a member of the Sangguniang Panlalawigan of Negros Oriental, which asked the DTI to enforce commodity pricing regulation in the aftermath of the typhoon.

She stated that her office has not yet received a copy of it, but that the public official could contact her or her staff to discuss pricing control in the aftermath of the typhoon.

“At the province and local levels, there is also a pricing coordinating council (PCC) that can convene at any time in the case of a tragedy or calamity,” she added.

The PCC is chaired by Gov. Roel Degamo at the province level, and once convened, the DTI no longer acts alone, but rather as a group with other member agencies to ensure that commodity prices remain within an acceptable range, according to Virtucio.

QR Code

Save/Share this story with QR CODE


Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

πŸ“© Need to get in touch?

Feel free to Email Us for comments, suggestions, reviews, or anything else.


We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❀️GIVE A TIP. Send a small donation thru Paypal😊❀️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) πŸ›’ BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) πŸ‘ Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).


AFFILIATE PARTNERS
LiveGood
World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.


0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x