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DEPARTMENT of Trade and Industry (DTI) Secretary Alfredo Pascual ordered a price freeze for basic necessities within Albay on Friday.Pascual also warned business establishments to comply following the declaration of a state of calamity in Albay due to the Mayon Volcano s unrest. Through DTI s provincial office in Albay, I have ordered a price freeze for basic necessities today. Business establishments are directed to comply with this, otherwise, we will impose necessary penalties, he said.Also in pursuant with Republic Act (RA) 7581 known as the Price Act, as amended by RA 10623, prices of basic necessities as canned fish, locally manufactured instant noodles, bottled water, bread, processed milk, coffee, candles, laundry soap, detergent, and salt, are automatically frozen at their prevailing prices for 60 days from declaration unless sooner lifted by the President.As the act stated, to ensure the availability of basic necessities and prime commodities at reasonable prices at all t
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