The Department of Trade and Industry (DTI) announced a 60-day price freeze on all basic goods following the national state of calamity declared due to Typhoon “Tino.”
The freeze, mandated under the Price Act, aims to prevent profiteering and hoarding during disasters, and may be extended if the state of calamity continues beyond two months.
DTI regional and provincial offices have been mobilized to monitor manufacturers, retailers, and distributors to ensure compliance and adequate supply of essential items.
The government can also tap the calamity fund for immediate aid, relief, and reconstruction in affected areas.
Meanwhile, the country is still reeling from Tino’s devastation, which has killed 188 people and left dozens missing, while another powerful storm threatens to hit by Sunday.
Source: PhilNews24 | November 8, 2025
