Price Freeze
On Business
What does a price freeze mean?The price freeze is implemented when the President of the Philippines declares
- State of Emergency,
- State of Calamity / Disaster,
- State of Rebellion,
- State of War,
- Suspension of Privilege of Writ of Habeas Corpus and
- Martial Law.
It is effective for 60 days for basic goods and 15 days for household LPG and kerosene