July 8th, 2012
By Flordelis E. Jackson
NAVAL, Biliran — The Department of Trade and Industry (DTI), Biliran Provincial Office has completed its assessment on damages to business establishments brought about by a strong earthquake that hit Naval, the capital town of Biliran province.
According to Celerina Bato, engineer and DTI-Biliran provincial director, their office has organized two teams that handled Price Monitoring and Damage Assessment early the following day after the occurrence of the earthquake on Wednesday evening.
She said the Price Monitoring team monitored the prices of basic necessities and prime commodities of five big establishments that belong to the supermarket category and four small establishments at the wet market of the municipality of Naval.
The final report of the Price Monitoring team revealed that there were no price increase of the basic necessities and prime commodities compared to the prices monitored in the past week.
Bato also said that the other team which was the Inspection and Rapid Assessment team visited and inspected 25 business establishments in poblacion Naval including dry goods establishments, appliance centers, stores selling school and office supplies, grocery stores, internet café, hardware stores, cell phone stores, and optical centers.
The report of the team revealed that business establishments suffered only slight damages such as broken glass figurines, broken tiles, spilled paints, broken glass panels and glass frames, and some breakable display that fell off the racks.
The estimated cost of damage from the 25 business establishments resulting from a 4.9-magnitude earthquake was P167,000. (PIA 8, Biliran)
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