Summer price and market watch on

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Summer price and market watch on

MAMBAJAO, Camiguin, April 07 (PIA) — To continue to protect consumers, especially tourist, the Department of Trade and Industry (DTI), Camiguin Provincial Office spearheaded the conduct of Operation Timbangan starting March 31.

Some 104 stalls at the Mambajao Public Market and nearby stores were already inspected as of press time. 

The activity was undertaken in cooperation with other government agencies that formed the enforcement team, to include the Mambajao Local Price Coordinating Council (LPCC) represented by the Mambajao Treasurer’s Office, Mambajao Police Station, National Food Authority and a representative from DTI accredited consumer organization, the Hibok-hibok Emergency Assistance Radio Team (HEART) Kabalikat.

The teams grouped into three to monitor the vegetable section, the fish and meat sections and the grocery stores to conduct operation timbangan or inspection of weighing scales.

The teams accurately checked the efficiency of the weighing scales and were able to confiscate 13 defective and two worn-out weighing scales and recommended to the vendors to use legitimate ones.

On the same day, DTI-Camiguin enforcement team conducted also price and supplies monitoring of bottled water in the port of Benone in the municipality of Mahinog and in the port of Guinsiliban.

The DTI reminded retailers of select brands of bottled water to comply with the government’s suggested retail price (SRP) to avoid gross overpricing of this product in all seaports, airports and land transport terminals.

All retailers are enjoined by DTI to comply immediately, not just with the SRPs for bottled water but for all basic necessities and prime commodities to ensure that consumers have access to reasonably priced goods in the market.

Consumers, on the other hand, are advised to look for the SRP posters that the DTI has displayed in stores around Camiguin to be guided in their purchases.     

Under Republic Act No. 7581 or the Price Act, penalties for illegal price manipulation such as profiteering include imprisonment of five years up to 15 years, and administrative fine of P5,000 up to P1M. (Zita Maestrado-Abellare, DTI-Camiguin, PIA-CamInet with reports from Varry Labial)

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