A Significant Caution From President Rodrigo Duterte

Philippines – President Rodrigo Duterte has cautioned hoarders in storm struck regions that they would be captured as he requested organizations to stop the exercises of the people who exploit the circumstance to acquire benefit.

During a pre-recorded public location last Monday, Duterte said he was stressed over the announced spike in the costs of medications and different merchandise regardless of the value covers forced in regions impacted by Typhoon Odette.

“They say that a few, not all, are storing and you realize that… you increment the cost by selling more than the standard cost of – for instance, building materials, or even food stocks, canned products. They are becoming more costly for individuals,” the president said.

Duterte then, at that point, asked Trade Secretary Ramon Lopez to affirm if the reports of accumulating and overpricing were valid. “Since you are here, let us know if there has been an infringement or infringement during this time since we can recognize them and the Philippine National Police, we will request that they capture the hoarders and individuals who are exploiting the circumstance,” he added.

They need to put a stop to this and presumably you can come  feel free to cover the costs of the products accessible, particularly medication. Lopez shared that there have been reports about overpricing, adding that many opportunists were caught in Bohol and Cebu. He likewise cired reports that a few merchants have raised the cost of force generator sets. The exchange division, Lopez said, has given around 50 letters requesting business foundations to clarify the expansion in the costs from the products they are selling.

Related Posts

The cases would follow assuming the more exorbitant costs are not disclosed to us. Be that as it may, later they were secured, really, Mr. President, they adjusted their costs.

The exchange boss added that 52% of foundations Bohol and close to 100% of foundations in Cebu are agreeable with the recommended retail costs. Eight letters of request and seven show cause orders were likewise given in Misamis Oriental.

Recently, Duterte set the districts of MIMAROPA, Western Visayas, Central Visayas, Eastern Visayas, Northern Mindanao and Caraga under a condition of catastrophe to rush the alleviation and restoration endeavors and to control the costs of fundamental merchandise and products in hurricane battered regions.

Jasmine C.

Mabuhay! An upcoming Newswriter for the Asian Affairs from the Pearl of the Orient - Philippines. Avid follower of celebrity gossips, fashion news. I got into writing so that my fellow Kababayan will be constantly updated with the latest news.

Recent Posts

STI’s Sudden Slowdown: What Singapore’s Market Pullback Reveals About Global Risk Mood

A​‍​‌‍​‍‌​‍​‌‍​‍‌ Market Catching Its Breath The Singapore market turned noticeably quieter after the Straits Times Index (STI) went down, reflecting…

December 6, 2025

Waves of Power: Decoding China’s Bold Fleet Deployment Across East Asian Seas

In​‍​‌‍​‍‌​‍​‌‍​‍‌ response to a sudden and highly visible spike in strategic naval operations, the attention of the world has been…

December 5, 2025

Rising Regional Tensions: How Naval Build-Up Near Taiwan and Japan Is Reshaping East Asian Security

The fast naval build-up in the area of Taiwan and Japan is causing the tension of East Asia to be…

December 5, 2025

Shifting Investment Tides: Asia’s IPO Boom and the AI-Bubble Warning for 2026

The future of Asia in 2026 has an excellent combination of both opportunities and risks: a fresh wave of IPO…

December 5, 2025

When Hunger Has a Gender: Unpacking the Global Food Access Gap Women Face

On​‍​‌‍​‍‌​‍​‌‍​‍‌ a dining table, food from many different cultures may look the same, but that is not the case. After…

December 5, 2025

Asia Power Index 2025: Unmasking the Power Shifts in a US–China Dominated Region — And India’s Strategic Rise

Asia​‍​‌‍​‍‌​‍​‌‍​‍‌ Power Index 2025 reveals a significant change of the region of Asia, transforming the entire continent. While the struggle…

December 5, 2025

This website uses cookies.

Read More