Manufacturers want price increase despite DTI’s appeal for price drop
Marje Pelayo • January 17, 2019 • 2900
MANILA, Philippines — The Department of Trade and Industry (DTI) tried to persuade manufacturers to rollback their prices during the National Price Coordinating Council Meeting on Thursday (January 17).
The DTI met with manufacturers of milk, biscuits, juices and canned products to discuss its proposal.
The agency argued that the cost of raw materials and ingredients has already gone down therefore they should also cut the prices of their products.
However, sardine manufacturers refused to heed DTI’s call because the price of herring or tamban remains high.
Herrings now sell at P32/kg from its previous price of P19/kg, the manufacturers claimed, that’s why it is not possible to lower the price of canned sardines.
“Ang cost nila ay hindi sa oil, not because of oil, not because of TRAIN kundi ito ang main ingredient which accounts for 47% of their production cost which is fish,” explained DTI Secretary Ramon Lopez.
Meanwhile, manufacturers of canned meat did not ask for a price increase. However, they project a price increase once the Rice Tarrification Bill becomes a law.
This is because the measure will require an increase in tariff on imported meat from 5% to a staggering 40% in exchange for the lowering of tariff on rice.
Meanwhile, the DTI sees only a slight effect of the TRAIN law in the price of basic goods.
But according to supermarket owners, manufacturers may opt to add to the prices of goods the amount of tax that they will be required to pay.
“Pricing is a management decision so whether they want to increase because they don’t want to shoulder the increase in excise tax on gasoline and fuel prices, then we will see some price increase adjustments,” said Steven Cua, president of the Philippine Amalgamated Supermarket Association.
The Duterte administration’s economic managers project that inflation rate in the first quarter of 2019 will rise only by 4%.– Marje Pelayo (with reports from Mon Jocson)
The Department of Trade and Industry (DTI) warns shoppers who make prank purchases online this holiday season that they can be charged with estafa.
According to DTI Undersecretary Ruth Castelo, pulling pranks when ordering is penalized under the Revised Penal Code with imprisonment once proven.
Prank ordering means a customer would order food or any item online with the intention of cancelling later on.
Castelo said they have partnered with the Philippine National Police (PNP) and the National Bureau of Investigation (NBI) in addressing the complaints that they will be receiving regarding the matter.
Victims of prank orders must keep the record of the transaction such as text message, contact number, time and date of the transaction and other pertinent information.
“Makukulong iyan. Kailangan lang tulungan din tayo ng complainant kung siya iyong seller o iyong food delivery platforms na makapag-complain siya. Mag-execute ng affidavit at makapag-complain. Tutulungan natin sila, sa PNP or sa NBI,” Castelo said.
[They will be jailed. We just need the cooperation of the complainants, whether he or she is the seller or from the food delivery platforms, in lodging their complaint. They should execute an affidavit. We will help them together with the PNP and the NBI.]
Meanwhile, the DTI advised online shoppers to verify the authenticity of the online store they are purchasing from so as not to be deceived or dismayed of the purchased products.
While online sellers are increasing since the pandemic, complaints are also piling up against bogus transactions which reached up to over 15,000 this year as compared to 2,500 in 2019.
At the House of Representatives, House Bill 7805 or the Internet Transaction Act that seeks protection to merchants, customers and even to third party service providers or ride-hailing providers.
Bogus buyers will face a penalty of up to P50,000 while errant merchants and ride-hailing service providers will have to pay up to P500,000 fine if violations are proven. MNP (with reports from Rey Pelayo)
MANILA, Philippines – Muling nagbabala sa publiko ang Department of Trade and Industry (DTI) laban sa pagbili ng holiday lights na walang kaukulang dokumento at product label.
Ginawa ng DTI ang babala matapos mag-inspeksyon sa isang pamilihan sa Quezon City kung saan nakumpiska ang mga pailaw na walang selyo o Import Commodity Clearance (ICC) at Philippine Standard (PS) mark.
May nakita rin ang DTI na mga pailaw na walang maayos na manufacturing label habang ang ilan naman ay nakasulat sa ibang wika.
Ayon kay DTI Undersecretary Ruth Castelo, delikadong gamitin ang mga ganitong produkto lalo’t isa sa mga dahilan ng mga insidente ng sunog kapag holiday season ay ang mga palyadong holiday lights.
Payo ni Castelo sa mga mamimili, siguruhing may PS mark ang bibilhing produkto dahil nangangahulugan itong pasado ang produkto sa standard.
“Hanapin nila yung PS Mark na ini-issue ng Bureau of Philippine Standards para sigurado silang na-test yung produkto bago nila bilhin. Kasi kung hindi iyon na-test, hindi natin alam, pwedeng safe, pwedeng hindi, pero manghuhula ang consumer niyan,” ang pahayag ni Castelo.
Ayon sa DTI, iligal ang holiday lights na walang kaukulang selyo at maaaring maharap sa mabigat parusa ang may-ari ng tindahan kung hindi nito matutukoy ang importer ng mga naturang produkto.
“Penalty maximum under the Consumer Act as a fine is 300,000 pesos. But there’s a concomitant criminal liability na may kulong. And then we can also file a case, kasong violation ng product labelling yon di ba, may Revised Penal Code pa,” ang pahayag ni Castelo. – RRD (mula sa ulat ni Correspondent Asher Cadapan Jr.)
MANILA, Philippines – The Department of Trade and Industry (DTI), together with the Philippine Trade Training Center, has virtually launched a program that seeks to provide business mentoring and training for displaced and retrenched workers due to the pandemic.
The program, called Building an Entrepreneurial Society of Tomorrow Bootcamp: Accept, Adapt, and Act (BEST Bootcamp: 3A), conducts an integrated approach using lectures, case studies, business pitching workshop, mentoring, recital, and drillmaster sessions, the DTI said.
“It is designed specifically for employees of MSMEs (micro, small, medium enterprises), private school teachers, and other retrenched workers affected during this pandemic period,” it added.
Aspiring entrepreneurs with an identified passion or hobby that they want to turn into a profitable venture may also join the program.
“This entrepreneurship program is part of DTI’s 7Ms Framework for Successful Entrepreneurship, which covers Mindset, Mastery, Mentoring, Market, Money, Machines, and Models of Negosyo,” DTI Secretary Ramon Lopez said in a statement.
The trade chief said the 7Ms are essential components for MSME development, and “will provide our people the needed entrepreneurial skills and knowledge.”
“All participants of the program will gain knowledge on the best practices for a successful entrepreneurship journey, coming from the experiences of our mentors and experts who have specialized in their fields of business,” he added.
Around 75-80 participants will be chosen to undergo the entire mentoring and training program. They will be provided with livelihood kits when they complete the program.
Aside from the 3A Program, DTI’s BEST Bootcamp also offers the Resilience, Recovery, and Rebuild (3R) Program, which focuses on entrepreneurial re-alignment, pivots, and balanced planning in running existing business ventures.
Interested participants may send a message email BEST@pttc.gov.ph for more details.
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