60-day nationwide price freeze on basic commodities takes effect

Marje Pelayo

MANILA, Philippines – The Department of Trade and Industry (DTI) reminds merchants of the strict implementation of prize freeze on basic commodities across the country amid the coronavirus disease (COVID-19) outbreak.

“The prices of all basic necessities are frozen for 60 days following the Proclamation No. 922 declaring a State of Public Health Emergency throughout the Philippines due to the outbreak of coronavirus disease 2019 (COVID-19),” the DTI said in its advisory.

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Likewise, the agency announced that the scheduled National Food Fair on March 12 to 15 has been postponed due to threats of coronavirus spread.

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