Maximum SRP for imported rice starts January 20

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THE Department of Agriculture (DA) will impose a maximum suggested retail price of P58 per kilo for imported rice starting January 20.

We cannot allow the greed of a few to jeopardize the well-being of an entire nation,” Laurel said in a statement.

It will be reviewed every month to take into account several factors, including the global price of the grain.“We think that if the current direction of global prices hold, the MSRP will be lower after the review,” Laurel said.

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Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets: PhilippinesAustralia

Topics: Rice Broken Laurel Prices Maximum Department Percent January Kilo Price Imported

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 16:03:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 516 words

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