The Department of Health (DOH) plans to impose a price ceiling
on certain drugs even as a pharmaceutical and health care group wants to keep the status quo.
That use of a price ceiling
has forced CPC to absorb NT$1.8 billion in crude price increases in the first six months of 2019.
This is because of the corresponding changes in standards that accompanied adjustment in the price ceiling
for socialized housing.
'One peso is way too much to pay for every text message you send,' Senator-elect Imee Marcos said Thursday after filing Senate Resolution 6, asserting that cheaper text messages and enforcing a strict price ceiling
are 'long overdue.'
6, Marcos urged the Department of Information and Communications Technology (DICT) to immediately reduce and set a strict one-centavo price ceiling
on the cost of a text message, saying text messaging is "a practically costless forwarding service" that piggybacks on a readily available signal.
'In addition, inflation fell by 0.3 per cent, mainly due to lower domestic fuel prices arising from the resumption of the managed float fuel pricing mechanism and the setting of a lower price ceiling
for RON95 petrol,' Azmin said.
The Antique Provincial Price Coordinating Committee has decided not to impose the automatic price ceiling
(APC) on basic necessities and prime commodities even though the province is under a state of calamity.
He said that in the absence of a price ceiling
in the markets, arhtis or commission agents and middlemen were free to sell the commodities at the rates of their own choice without any let or hindrance, while poor retailers were forced by various government departments to sell the merchandize at fixed rates, even below than their purchase prices.
figure By BRIAN OKINDA Millers have warned consumers to expect an increase in the price of Sh2 kilogramme maize flour packet, saying the government price ceiling
is not tenable.
He also said a price ceiling
was being set for the cost of the meters, at a maximum of "$25 to $30."
Except for agricultural and fisheries products, the price ceiling
for other gift items remains at 50,000 won.