DTI assures ample supply and stable prices of goods once Zamboanga crisis solved

September 20, 2013 9:25 am 

By Kris M. Crismundo

MANILA, Sept 19 (PNA) – The Department of Trade and Industry (DTI) will continue to look into supply and prices of basic necessities in Zamboanga City until standoff in the area takes its end.

DTI secretary Gregory Domingo told Philippine News Agency (PNA) Thursday that the department has been involved in securing ample supply of basic commodities and assuring that there is no abuse on prices on goods since the first two days of the Zamboanga siege.

”DTI has been involved (in monitoring) from the very first two days of the crisis. We assured ample supply of basic goods and stable prices until the situation will go back to normal,” Domingo said.

He disclosed that DTI took actions regarding the shipments of sardines in Zamboanga and the department already responded to the shortage of goods in Basilan, Sulu and Tawi-Tawi.

Domingo also noted that DTI’s obligation in the post-conflict recovery is to make sure that residents in the affected areas have sufficient supply of basic goods.

”What is important is to make sure that they have sufficient supply of basic needs,” he said.

”We are also looking to help in terms of people, give trainings on affected businesses to recover after the conflict,” he said.

He added that DTI is also coordinating with the private sector such as Philippine Chamber of Commerce and Industry (PCCI), in monitoring reports and other assistance that the department can extend.

PCCI has announced post-recovery activities such as: (1) extending immediate need for relief and social services to the areas affected by the standoff in Zamboanga City, (2) helping business operations get back on track, and (3) rebuilding damaged infrastructures.

Further, Domingo had not yet received official reports of the total affected businesses and total loss in the local economy of Zamboanga City.

However, the DTI Secretary said that the conflict has no adverse effect on local businesses in the city and he is positive that entrepreneurs can recover immediately.

On the other hand, instead of seeing the conflict in Zamboanga City as an disadvantage to the Philippine economy, Domingo considered the incident as a measure of strength of the economy.

”That kind of situation (Zamboanga conflict) is what determines the strength of our economy,” Domingo said, noting that the country is getting attention in the international scene with positive ranking results in various economic reports.

The DTI Chief revealed that the crisis will soon “be forgotten” citing Philippines’ past conflicts such as with Hong Kong, Taiwan, and Sabah.

”We’ve seen the significant negative events happening in the Philippines in the recent past; think of Taiwan, of Hong Kong, (and) what happened in Sabah. Once the situation stabilizes in about two to three months, it’s basically forgotten. And I think that’s the same thing that will happen to this situation,” he said.

”I will not deny there may be temporary negative effects, but it’s temporary; very short term. After that I don’t think our momentum will stop by such an incident,” Domingo stressed. (PNA)

CTB/KMC

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