Sunday, April 5, 2026

DTI boosts consumer protection: Sec. Roque leads price monitoring in Taguig City

Strengthening the government’s stance against unfair trade practices, Department of Trade and Industry (DTI) Secretary Cris A. Roque personally led a comprehensive monitoring of Basic Necessities and Prime Commodities (BNPC) across major retail hubs in Taguig City on March 31, 2026.

The inspection serves as a critical pillar of the DTI’s proactive strategy to safeguard the purchasing power of Filipino families amidst shifting global economic trends.

During the monitoring exercise, Secretary Roque and the DTI Fair Trade Enforcement Bureau (FTEB) inspected supermarkets and wet markets to verify compliance with the Suggested Retail Price (SRP) bulletin. The team focused on essential goods, including canned sardines, processed milk, coffee, laundry soap, and bread.

“Our presence in the markets is a clear signal that the DTI is vigilant. We are here to ensure that no one takes advantage of the consumer through profiteering or hoarding,” Secretary Roque stated. “Beyond enforcement, we are also confirming that the supply chain remains robust so that shelves stay stocked for every Filipino household.”

The initiative is part of a broader, responsive framework designed to mitigate the impact of international market volatility on domestic prices. By maintaining a physical presence in retail spaces, the DTI aims to:

Validate Compliance: Ensure retailers are adhering to the Price Act (Republic Act No. 7581).

Assess Inventory: Monitor stock levels to prevent artificial shortages.

Empower Consumers: Encourage the public to be mindful of SRPs and report any irregularities.

Secretary Roque emphasized that while global developments often dictate the cost of raw materials, the DTI remains committed to balancing the interests of both consumers and legitimate businesses. The Department continues to collaborate with manufacturers and distributors to find sustainable ways to keep prices manageable without compromising product quality.

Retailers found in violation of price ceilings or those engaging in deceptive sales acts face administrative fines and the potential revocation of business permits.

- Advertisement -spot_img
spot_img

LATEST

- Advertisement -spot_img