Imported Rice MSRP to Be Reduced to P43 per Kg - BusinessWorld Online

Imported rice MSRP to be reduced to P43 per kg - BusinessWorld Online

THE Department of Agriculture (DA) said on Sunday that it will lower the maximum suggested retail price (MSRP) for imported rice to P43 per kilo from P45 starting July 1. Agriculture Secretary Francisco P. Tiu Laurel, Jr. said the reduction is “in response to the recent decline in global rice prices.” “This food security initiative has helped tame inflation, allowing the central bank to reduce interest rates to drive economic activity and create…

DA to cut imported rice max SRP to P43

The Department of Agriculture (DA) is preparing to lower the maximum suggested retail price (SRP) of imported rice to P43 per kilo starting July 1.

DA eyes lower MSRP for imported rice in July

The Department of Agriculture (DA) over the weekend announced plans to lower the maximum suggested retail price of imported rice by P2 per kilo starting next month, following the decline in the prices of the commodity in the global market.

DA EYES P43/KILO MSRP FOR IMPORTED RICE IN JULY

The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers. “We plan to reduce the MSRP of imported rice to P43 per kilo starting July 1, from the current P45, in response to the recent decline in global rice prices,” Agriculture Secretary Francisco Tiu Laurel Jr…