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Probe on non-compliance with rice, pork MSRP pushed
The Philippine Star
|April 05, 2025
Malacañang yesterday called for an investigation into reports of stakeholders' failure to comply with the Department of Agriculture (DA)'s maximum suggested retail price (MSRP) on rice and pork products.
In an interview with Teleradyo Serbisyo, Palace press officer Claire Castro said that Agriculture Secretary Francisco Tiu Laurel Jr. had consulted with rice and pork industry stakeholders before implementing the price caps.
"They have an agreement. If there are different retail prices in the markets, there is a need to investigate this," Castro said.
Tiu Laurel imposed an MSRP of P45 per kilo for imported rice and P350 per kilo for pork shoulder, while pork belly was capped at P380 per kilo to stabilize prices.
However, DA data revealed low compliance, with only 50 percent of rice vendors and 39 percent of pork retailers adhering to the price limits.
This story is from the April 05, 2025 edition of The Philippine Star.
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