Consumer advocacy group Citizenwatch is seeking a lower secondary price cap at the Wholesale Electricity Spot Market (WESM) and make it permanent to shield consumers from high electricity rates amid the tight power supply situation and expected plant outages.
A test case invoking the Philippine Lemon Law, the new legal protection for Filipino consumers who purchase new motor vehicles that turn out to be defective, has been filed in the Department of Trade and Industry (DTI).
By Riza T. Olchondra
Fuel prices are going down for a third straight week as oil supply remains above demand in the international market.
By Ben Arnold de Vera
, Paolo G. Montecillo
The rate of consumer price increases slowed down in September on the back of tempered increases in the prices of basic goods and utilities, official data released on Wednesday showed.
Prices of bread are expected to drop before the end of the year, given the continued decline in the cost of wheat in the world market, the Department of Trade and Industry said on Wednesday.