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P58/kg imported rice max SRP takes effect
The Philippine Star
|January 20, 2025
The maximum suggested retail price (SRP) of P58 on imported rice takes effect today, a ranking official of the Department of Agriculture (DA) said as cost of the staple remains high despite the implementation of Executive Order 62, which lowered the tariff on imported grains to 15 percent from 35 percent.
In a radio interview yesterday, Agriculture Assistant Secretary and spokesman Arnel de Mesa said personnel of the DA and the Department of Trade and Industry (DTI) would inspect the different markets in Metro Manila to ensure compliance to the P58 maximum SRP.
"The maximum SRP on five percent broken (imported rice) and the changes on labeling will start on Jan. 20," De Mesa said.
De Mesa said that based on the agreement of Agriculture Secretary Francisco Tiu Laurel Jr. with Metro Manila mayors, the local government units (LGUs) will also help in implementing the maximum SRP.
Dit verhaal komt uit de January 20, 2025-editie van The Philippine Star.
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