Tag: Consumer Prices
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Philippine Agriculture Department Slashes Rice Price Cap to Ease Consumer Costs
In a move to alleviate the financial burden on consumers, the Department of Agriculture (DA) in the Philippines has announced a reduction in the maximum suggested retail price (MSRP) for 5 percent broken rice in Metro Manila, dropping it from PHP55 to PHP52 per kilogram. This adjustment, effective from February 15, follows a global trend…
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Sugar Regulatory Administration Postpones New Import Guidelines to Ease Industry Concerns
The Sugar Regulatory Administration (SRA) has announced a delay in implementing Sugar Order (SO) 6, which outlines the importation rules for various sugars and sugar-based products. This decision follows a letter from the Federation of Philippine Industries (FPI) to President Ferdinand R. Marcos Jr., highlighting potential issues such as delays in import processing, compliance costs,…
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