The Department of Trade and Industry (DTI) Kalibo, Aklan under the helm of its newly assigned Provincial Director, Diosdado Cadena, has filed formal charges to 10 erring business establishments found violating the Price Act of 1992.
On his report on Price Monitoring during the recent PDCC meeting in Kalibo, PD Cadena revealed that of the 10 business establishments charged by his office, 6 sold construction materials while 4 are engaged in selling basic necessities.
“If anyone has information on any acts of profiteering, let us know. We have enough supply here. Anybody should not just take advantage of anybody in this kind of situation,” warned PD Cadena.
PD Cadena said those found violating the Price Act will face closure of his establishment and confiscation of goods. It will also be fined.
For the DTI action, Aklan Police Provincial Office Director Benigno Durana, Jr. commended Cadena, and challenged other agencies to do the same.
“Let’s go beyond monitoring. Monitoring should already be over by this time. This should already be enforcement period. Other agencies like the DENR, DA and DOH should set up enforcement teams. We will help you,” PD Durana assured.
For his part, Governor Carlito S. Marquez said victims of profiteering are usually the poor ones. He cited the prices of nipa shingles badly needed as roof material, and bamboo to have increased tremendously.
The DENR is in charge of monitoring of prices and supply of nipa, bamboo, lumber, charcoal and other forest products, the DA on agricultural products, DTI on manufactured goods and the DOH on medicines. (by Venus G. Villanueva) /MP
On his report on Price Monitoring during the recent PDCC meeting in Kalibo, PD Cadena revealed that of the 10 business establishments charged by his office, 6 sold construction materials while 4 are engaged in selling basic necessities.
“If anyone has information on any acts of profiteering, let us know. We have enough supply here. Anybody should not just take advantage of anybody in this kind of situation,” warned PD Cadena.
PD Cadena said those found violating the Price Act will face closure of his establishment and confiscation of goods. It will also be fined.
For the DTI action, Aklan Police Provincial Office Director Benigno Durana, Jr. commended Cadena, and challenged other agencies to do the same.
“Let’s go beyond monitoring. Monitoring should already be over by this time. This should already be enforcement period. Other agencies like the DENR, DA and DOH should set up enforcement teams. We will help you,” PD Durana assured.
For his part, Governor Carlito S. Marquez said victims of profiteering are usually the poor ones. He cited the prices of nipa shingles badly needed as roof material, and bamboo to have increased tremendously.
The DENR is in charge of monitoring of prices and supply of nipa, bamboo, lumber, charcoal and other forest products, the DA on agricultural products, DTI on manufactured goods and the DOH on medicines. (by Venus G. Villanueva) /MP
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