Trending Now
How Double Standards Erode Free Speech
Breaking Free From State Rule
Monetary Metals 101: How Gold and Silver Work...
Monetary Metals 101: How Gold and Silver Work...
Universities Must Defend Their Independence by Rejecting Trump’s...
Circumcision, Tylenol, and Autism? RFK Jr. Misses the...
The Noun Doctrine: Why Governments Prefer Enemies That...
Economics and the Infantilization of Culture
Maria Corina Machado, Venezuelan Champion of Freedom, Wins...
Friday Feature: Arrows Christian Academy
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions
DailyProfitTips.com
  • Editor’s Pick
  • Economy
  • Investing
  • Politics
  • World News
EconomyEditor's Pick

60-day freeze ordered on Cebu prices after quake

by October 1, 2025
October 1, 2025

THE Department of Trade and Industry (DTI) said it imposed a 60-day price freeze on basic necessities in Cebu following the magnitude 6.9 earthquake on Tuesday.

Trade Secretary Ma. Cristina A. Roque said the DTI is focused on ensuring the affordability and steady supply of essential goods.

“We recognized the heavy toll this disaster has taken on families. Beyond enforcing the price freeze, our priority is to ensure that prices and supplies are affordable and stable,” she said in a statement on Wednesday.

“The DTI will be vigilant in (protecting) consumers from undue price increase,” she added.

The price freeze automatically took effect after the declaration of a state of calamity in the province.

In a separate statement, the Department of Tourism (DoT) advised tourists to verify the state of their destinations before traveling.

“Several tourist sites in affected areas may be closed while safety inspections are ongoing,” the DoT said on Wednesday.

“The department, through its regional offices, is working closely with concerned agencies and local government units to assess the safety of access roads and bridges, as well as the condition of affected tourism establishments and workers,” it added.

In a separate Facebook post, Tourism Secretary Ma. Esperanza Christina G. Frasco said she has directed TIEZA to deploy inspectors to assess the damage to heritage churches and key establishments in Cebu.

“These assessments will guide the next steps to ensure safety and provide appropriate support,” she added. — Justine Irish D. Tabile

previous post
PHL international investment position net liability widens 9.8%
next post
Voluntary tuition scheme for financially capable SUC students questioned

Related Posts

Universities Must Defend Their Independence by Rejecting Trump’s...

October 10, 2025

Circumcision, Tylenol, and Autism? RFK Jr. Misses the...

October 10, 2025

Maria Corina Machado, Venezuelan Champion of Freedom, Wins...

October 10, 2025

Friday Feature: Arrows Christian Academy

October 10, 2025

Finance Economists Warn Against Government as Shareholder

October 10, 2025

Green v. Tanner Brief: Juries, Not Judges, Need...

October 9, 2025

BPOs reject work-safety claims after Cebu quake

October 9, 2025

Mindanao airports being readied to handle planes as...

October 9, 2025

FPI calls on Philippines to be ready to...

October 9, 2025

Gold ore and nickel top industry revenue in...

October 9, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 DailyProfitTips.com All Rights Reserved.

    DailyProfitTips.com
    • Editor’s Pick
    • Economy
    • Investing
    • Politics
    • World News