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 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
File photo CEBU CITY - The Department of Trade and Industry (DTI) in Central Visayas has appealed to the retailers to follow the suggested retail price (SRP) on basic commodities to help cushion the impact of inflation brought by the pandemic and the ongoing war in Ukraine. Maria Elena Arbon, DTI-7 regional director, cited the dynamics of the movement of prices of basic commodities, saying the rising cost of raw materials up to the manufacturing and from manufacturing to distribution to the consumers has an impact on the retail prices. "Ngano ni increase man ni sjla? Kitang tanan kahibalo man ta unsay panghitabo karon sa kalibutan. About sa Ukraine war, sige pud ta explain unsay hinungdan ani so kaning atong pagtaas sa presyo sa palaliton. Global gyud ni siya (Why is there an increase? We all know the happenings across the world. About the Ukraine war, we keep on explaining the causes in the increase of prices of goods. This is really a global phenomenon)," Arbon said. Arbon&
The Department of Trade and Industry (DTI) issued new a Suggested Retail Prices (SRP) bulletin raising prices on basic necessities and prime commodities (BNPCs) between 2 to 10 percent following petitions by local manufacturers the need to adjust prices due to rising production cost. In a statement
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,…