By TENG DATU
Cotabato City Bureau Chief
Cotabato City — Prices of prime commodities in the Autonomous Region in Muslim Mindanao (Armm) remain stable, the region’s Department of Trade and Industry (DTI) said.
“Hindi totoo ang kumakalat na balita na umabot na sa limang libong piso ang presyo ng isang sakong bigas,stable ang presyo ng bilihin,” said DTI-Armm Secretary Anwar Malang as he clarified issues on the alleged increases in prices of goods in Lanao del Sur.
“We are reminding our retailers to comply with the set price ceiling,” he said. A price freeze of commodities was automatically enforced in Mindanao after President Rodrigo Duterte declared Martial Law for 60 days on May 23 following clashes between the government troops and terror groups in Marawi City.
Under Republic Act 7581, or the Price Act, price freeze on basic necessities shall be automatically implemented in areas under a state of calamity.
Malang said his office is conducting weekly price monitoring in Armm. (with reports from armm bpi)