Tag: Price Freeze

  • Inflation Trends Diverge in Negros Occidental and Bacolod City for January 2025

    In January 2025, the inflation rate in Negros Occidental saw a decline to 2.7 percent, a decrease from the 3.7 percent recorded in December 2024. Conversely, Bacolod City experienced an uptick in inflation, rising to 3.3 percent from 2.4 percent in the previous month, according to data released by the Philippine Statistics Authority (PSA) on…

  • Inflation Trends Diverge in Negros Occidental and Bacolod City in January 2025

    In January 2025, the inflation rate in Negros Occidental saw a decline to 2.7 percent, a drop from the 3.7 percent recorded in December 2024, according to the latest data from the Philippine Statistics Authority (PSA). Conversely, Bacolod City experienced an increase in inflation, rising to 3.3 percent from December’s 2.4 percent. This shift in…

  • Negros Oriental Implements 60-Day Price Freeze Amid Mt. Kanlaon’s Volcanic Activity

    In response to the ongoing volcanic activity of Mt. Kanlaon, the Department of Trade and Industry (DTI) in Negros Oriental has initiated a 60-day price freeze on essential goods. This decision comes after the province was declared under a state of calamity, aiming to curb potential price gouging during this period of unrest. Nimfa Virtucio,…

  • DTI to Implement Price Freeze in Negros Oriental Amid Mt. Kanlaon’s Activity

    In response to the ongoing activity of Mt. Kanlaon, the Department of Trade and Industry (DTI) in Negros Oriental is set to enforce a price freeze on essential goods. This decision comes after the province was declared in a state of calamity, prompting immediate action from the DTI. Nimfa Virtucio, the DTI-Negros Oriental Provincial Director,…

  • Biliran Implements Price Freeze Amid Bridge-Induced Supply Disruptions

    In response to the Biliran Bridge’s reduced capacity, the Department of Trade and Industry (DTI) has introduced a price freeze across Biliran province to curb escalating prices of essential commodities. The decision comes after the bridge, connecting Biliran Island to Leyte, was found to have structural issues, leading to restrictions on heavy vehicle traffic. DTI…

  • Negros Occidental Implements 60-Day Price Freeze Following Mt. Kanlaon Eruption

    In response to the eruption of Mt. Kanlaon on December 9, the Department of Trade and Industry (DTI) has initiated a 60-day price freeze across Negros Occidental. This measure was enacted after the province was declared under a state of calamity by the Provincial Board Resolution 1446 on December 13, 2024. The DTI has stated…

  • Negros Occidental Declares State of Calamity Following Mt. Kanlaon Eruption

    In response to the recent eruption of Mt. Kanlaon, the Negros Occidental Provincial Board has declared the entire province to be in a state of calamity. The decision came after the Philippine Institute of Volcanology and Seismology (Phivolcs) escalated the volcano’s alert level to 3, signaling the start of a magmatic eruption that could lead…

  • Siargao Implements 60-Day Price Freeze Amid Power Crisis

    In response to a prolonged power outage, the Department of Trade and Industry in Surigao del Norte (DTI-SDN) has enacted a 60-day price freeze on essential goods in Siargao Island. This action follows the declaration of a state of calamity by the Sangguniang Panlalawigan of Surigao del Norte, which was prompted by the power crisis…

  • Surigao del Norte Declares Calamity Amid Siargao’s Ongoing Power Outage

    In response to a severe power crisis that has persisted for over a week, the provincial government of Surigao del Norte has officially declared a state of calamity for Siargao and Bucas Grande Islands. The decision, made on December 10, 2024, comes as the islands grapple with the effects of a power outage that started…