Latest Breaking News On - Aid the police will assist department of trade and industry dti in implementation price freeze on basic commodities abra - Page 1 : comparemela.com

(File photo) MANILA - The Philippine National Police (PNP) on Monday alerted police units to be on the lookout against unscrupulous traders who engage in unfair trade practices in the aftermath of the magnitude 7 earthquake that hit Abra and other nearby provinces. PNP officer-in-charge, Lt. Gen. Vicente Danao Jr., said the police will assist the Department of Trade and Industry (DTI) in the implementation of price freeze on basic commodities in Abra, pursuant to the Republic Act 7581 or the Philippine Price Act. "The PNP is tasked to aid in the enforcement of the mandate within the jurisdiction of the LGU concerned. We also take part in monitoring market activities against hoarding, profiteering, price manipulation and unfair trade practices," Danao said in a statement. Abra was placed under a state of calamity on July 28, which means a price freeze will be in effect in the province for not more than 60 days. "If we receive report regarding the possible violation, then

Vicente danao jrPhilippine national policeRepublic actPhilippine priceIle photo manila the philippine national police pnp on monday alerted units to be lookout against unscrupulous traders who engage in unfair trade practices aftermath of magnitude 7 earthquake that hit abra and other nearby provinces officer chargeT gen vicente danao jrAid the police will assist department of trade and industry dti in implementation price freeze on basic commodities abraUrsuant to the republic act 7581 or philippine price quot pnp is tasked aid in enforcement of mandate within jurisdiction lgu concerned we also take part monitoring market activities against hoardingRice manipulation and unfair trade practicesUot danao said ina statement abra was placed undera state of calamity on july 28Hich meansa price freeze will be in effect the province for not more than 60 days quot if we receive report regarding possible violationHen we will work hand in with the dti and lgu local government unit to check on veracity of alleged illegal act conduct operations if such complaint warrants immediate actionUot said danao business establishments proven to have violated the price freeze shall be imposed witha fine amounting from php5000 to php1 million and or imprisonment fora period of one year 10 years quot this is high time show unity compassionNstead of taking advantage the situation resulting to committing criminal acts we encourage our quot kababayans immediately report us cases hoardingAssive price increase and other forms of blatant profiteering we will act on it immediately in coordination with dti