1.

The assignment to the businessman in dividing the SRP to be submitted to the dti, in which
previously the dti has the sole mandate in implementing the srp

First, the DTI really has the sole mandate implementing the SRP in the basic commodities in our
economy. Their role is to keep an eye in keeping the prices fair and square because there are
still businessmen would cheat the prices for their own good. But, businessmen now want to
implement the SRP (suggested retail price) instead of the DTI. So now, according to them, the
businesses just need to inform them before the “palit presyo” begins, for like 30 days, if im not
mistaken. But then again, the in spite the “negosyantes” will implement the SRP if ever it will be
approved the DTI will still have to keep an eye on the implementation for the fair pricing of the
basic commodities.
2. peso weakens in the current currency exchange rate of a us dollar- closed to P50.001

Peso weakens further and further, why is that?.  following the US Federal Reserve’s hawkish
stance on its monetary policy, regional currencies weakened further including the peso.
The peso affects many prices and income situation. Example, the higher foreign goods and
services. The cost of those if ever it will increase the more discouraging it is to be bought.
However, those products that are very important will stillbe bought but with higher peso value.