Philippine President Marcos orders price freeze on basic goods until yearend


A shopper buys basic goods at a supermarket in Manila in this file photo taken in February of 2023. - Photo: Inquirer file

KUALA LUMPUR: President Ferdinand Marcos Jr. directed the Department of Trade and Industry (DTI) not to approve any hike in the prices of basic necessities and prime commodities until the end of the year.

The announcement was made by Palace press officer Claire Castro on Monday (Oct 27), here at the margins of the 47th Association of Southeast Asian Nations (Asean) Summit.

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