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PRE and POST

TYPHOON OMPONG
REPORT

by :

Engr. Bernardino G. Mabborang


Provincial Director
Department of Trade and Industry
Cagayan Provincial Office
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Outline of Presentation
• Background
– Legal Framework
– Basic Necessities & Prime Commodities (BNPC)
• DTIs Mitigating Measures
-(Before and After typhoon Ompong)
• Observations during the monitoring

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The Price Act
RA 7581 as amended by RA 10623

- Ensure availability of basic necessities


and prime commodities at
reasonable prices
without depriving legitimate business a fair
return of investments

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The Price Act (RA 7581 as amended by RA 10623

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BASIC NECESSITIES AND PRIME
Candle COMMODITIES
BEING MONITORED BY THE DTI
Coffee
Bread
PRIME COMMODITIES

Soy sauce
Canned Fish Batteries
BASIC NECESSITIES
G.I Sheets

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Pre Typhoon Mitigating Measures
• Conducted Enforcement of Fair Trade Laws
and Price Monitoring in Major Public Markets
and Business Establishments
- Tuguegarao City - September 7 and 14, 2018
7 Business Establishment found in violation
of Price Tag Law and were issued with
Notice of Violation (NOV) and 1 business
issued with letter of inquiry re: price above
SRP on bottled water.
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Pre Typhoon Mitigating Measures

- Aparri, Cagayan September 10, 2018


2 Business Establishment found in violation
of Price Tag Law and were issued with
Notice of Violation (NOV) and 1 business
issued with letter of inquiry re: price above
SRP.

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Pre Typhoon Mitigating Measures

• Intensified price and supply monitoring


activities provincewide.
• Coordinated closely with business and
LPCC (City and Municipalities) in ensuring
reasonable prices of basic necessities and
prime commodities.
• Published/ Posted SRPs to major establishments
province wide

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9
Post Typhoon Mitigating Measures

• Intensified price and supply monitoring activities


province wide;
• Coordinated closely with NFA/ rice traders on the
supply of rice for relief operations and in the market
respectively;
• Issued/Published advisory to business, media and
consumers regarding price freeze of basic necessities
as a result of state calamity declaration and in
ensuring reasonableness of prices of BNPC;

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Post Typhoon Mitigating Measures

• Coordinated closely with LPCCs (City and


Municipalities) on price freeze of basic necessities and
the conduct of joint price and supply monitoring to
ensure adequacy of supply and stability of price;

• Provide info on the activated 1-DTI (1-384) Consumer


Hotline for consumer complaints;

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Observations during the Monitoring

• No Supply of NFA Rice in NFA Accredited Stores;


- Limited unloading of rice imports of 250,000 metric
tons earmark for Region 1,2, 3 and 4 due to rainy
weather in Subic Port. Full unloading will continue
when the weather normalizes. According to NFA
Allacapan, NFA Regional Office requested
50,000 bags augmentation from NCR for Region 02.

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Observations during the monitoring
• There was a shortage of construction materials
particularly G.I sheets and umbrella nails areas in
Northern Cagayan per monitoring Sept. 19-21, 2018
due to increase in demand.
Limited stocks before the typhoon were maintained
by hardware because of construction lean months,
however, replenishment of inventories and orders of
business owners are expected to arrived Sept. 22 –
27., 2018. Adequacy of supply is expected to
normalize this week.
week.
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Observations during the monitoring
• Prices of Basic Necessities and Prime Commodities
in Groceries remain *stable and supply is adequate.
* ( Prices are within SRP)
• Hardwares in some areas (Baggao and Allacapan)
lowered the prices of GI sheets to as much as
P24.00 per piece and gave discounted price on
other materials to ease the burden of victims of
the Typhoon.

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Intensified BNPC Price Monitoring

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