CHECK SRP. Davao Region Trade and Industry director Maria Belenda Ambi warns businesses that violate the agency's suggested retail price (SRP). This, after the DTI-11 urged on Monday (May 23, 2022) the consumers to be aware of the new SRP amid a surge in the prices of basic necessities and prime commodities. (File Photo from DTI-11) DAVAO CITY - The Department of Trade and Industry in Davao Region (DTI-11) advised consumers to be aware of the new suggested retail price (SPR) amid a surge in the prices of basic necessities and prime commodities (BNPCs). "We are keeping tabs on different establishments to check if their prices are still within the SRPs issued by the agency," DTI-11 regional director Maria Belenda Ambi said in a statement on Monday. The latest SRP list covers the 218 stock-keeping units (SKUs) of BNPCs under DTI's jurisdiction with 136 or 62 percent of them having retained their prices based on the SRP bulletin issued on Jan. 27, 2021. Ambi said the DTI-
THE Philippines has sufficient food supply amid the Department of Trade and Industry (DTI)’s recent approval of price hikes in 82 basic goods on its latest suggested retail price (SRP) list, a Trade undersecretary assured the public at the weekend. “We have no problem with food, especially for manufactured food…
The Department of Trade and Industry (DTI) is recommending that the incoming administration should continue the agency’s major programs that benefit business and consumers. At the virtual Laging Handa Public Briefing, DTI Undersecretary Ruth B. Castelo said the agency is preparing for the transitio
THE decision of the Regional Tripartite Wage Board to raise the minimum wage by P33 per day would not be inflationary, according to the National Economic and Development Authority (Neda). Socioeconomic Planning Secretary Karl Kendrick T. Chua told the BusinessMirror that the increase in wages would only lead to a…
The Department of Trade and Industry (DTI) has approved a minimum increase for 82 basic necessities and prime commodities (BNPCs) in its latest suggested retail price (SRP) list. These products include bread, canned fish, potable water in bottles and containers, processed milk, locally manufactured instant noodles, coffee, salt, laundry soap,…