Ilang mamimili sa Cavite, ikinalugod ang pagpapatupad ng price freeze sa ilang pangunahing bilihin

1 year ago

Ilang mamimili sa Cavite, ikinalugod ang pagpapatupad ng price freeze sa ilang pangunahing bilihin

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Transcript

00:00Some Mami Mili in Cavite rejected the implementation of the price freeze on their first purchase.

00:05Bell Custodio in Detail Live. Bell?

00:11Audrey, Cavite is one of those in a state of calamity because of the effects of the Christian Revival.

00:18That's why the price freeze was implemented on their first purchase, just like here in Baco or Pampic Market.

00:25For the Mami Mili, the price freeze on their first purchase is a favor for them.

00:30One of them is Nanay Jonna. According to her, her business was severely affected by the Christian Revival.

00:37We can't go to the store because the water level is high.

00:44We can't go to the store because the water level is high.

00:45We can't go to the store because the water level is high.

00:50Some are not able to afford the budget. The price is high now.

00:55We are also looking for a lower price.

00:58The price freeze is also a favor for Nanay Carmen.

01:01Of course, if you can't afford it anymore.

01:05Of course, when we were hit by the typhoon, the employees lost their jobs,

01:11the businessmen lost their shops.

01:16So, it's hard.

01:18It's also not a problem for the shopkeepers if there is a high price on their first purchase.

01:23It's a favor for us.

01:24Of course, the higher the price, the less we will have to pay.

01:34If the price is high, we will also be affected.

01:38Under the Panlalawigan Resolution No. 3411-2024,

01:44the price freeze in Cavite was declared as a state of calamity.

01:47It was implemented on October 24 by the Department of Trade and Industry, Cavite.

01:52Some of the products affected by the price freeze are

01:55canned food, milk, coffee, bread, instant noodles, water, salt, soap and candles.

02:03Under Section 6 of the Republic Act No. 7581 or the Price Act,

02:09the price freeze does not last more than 60 days.

02:13First, President Ferdinand Marcos Jr. instructed the DTI

02:17to set the prices for the products affected by the typhoon.

02:22The DTI reminds that anyone who violates the price freeze

02:26can be jailed for up to 10 years or fined up to Php 5,000 to Php 1,000,000.

02:32Back to you, Audrey.

02:34Thank you very much, Vel Gustodio.

Ilang mamimili sa Cavite, ikinalugod ang pagpapatupad ng price freeze sa ilang pangunahing bilihin

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