Price Hikes or Bayanihan? The Choice is Ours
In the wake of Typhoon Kristine, we’ve seen it all—floods, landslides, and sadly, opportunists. Many areas across the Philippines have declared a state of calamity, including the hardest-hit Bicol Region. With that declaration comes an important protection for consumers: a price freeze on basic commodities. Under the Price Act (Republic Act No. 7581), when a…