Tag: imported rice
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Department of Agriculture Slashes Price of 5% Broken Imported Rice to PHP55 per Kilo
In a move to make rice more affordable, the Department of Agriculture (DA) has announced a reduction in the maximum suggested retail price (MSRP) for 5% broken imported rice to PHP55 per kilogram in Metro Manila, effective February 5, 2025. This adjustment marks a decrease from the previously set price of PHP58 per kilo, which…
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Philippine Agriculture Department Aims for P49 per Kilo Imported Rice by March
The Department of Agriculture (DA) in the Philippines is setting its sights on lowering the price of imported rice to P49 per kilogram by March. This initiative involves a step-by-step reduction of the maximum suggested retail price (MSRP) over the coming weeks, contingent on stable global rice prices. DA Secretary Francisco Tiu Laurel Jr. announced…
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Majority of Metro Manila Markets Adhere to P58/kg Price Cap on Imported Rice
In a significant move to stabilize rice prices, the Department of Agriculture (DA) reported on Monday that a majority of markets in Metro Manila are adhering to the newly implemented maximum suggested retail price (MSRP) of PHP58 per kilogram for 5 percent broken imported rice. This initiative, aimed at curbing profiteering and controlling escalating rice…
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Philippine Agriculture Department Aims to Lower Imported Rice Price to P50/kg by March
In a recent market inspection at the Mutya ng Pasig Mega Market in Pasig City, Agriculture Secretary Francisco Tiu Laurel Jr. announced that the maximum suggested retail price (MSRP) for imported rice, initially set at PHP58 per kilogram, is expected to decrease to PHP50/kg by March. This statement was made during a joint inspection with…
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Philippine Agriculture Secretary Aims for P50/kg Imported Rice Price by March
Agriculture Secretary Francisco Tiu Laurel Jr. announced on Thursday that the initial maximum suggested retail price (MSRP) of PHP58 per kilogram for imported rice is set to decrease to PHP50/kg by March, contingent on global rice market trends. This statement was made during a joint market inspection at the Mutya ng Pasig Mega Market in…
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Global Price Drop May Lead to Lower Imported Rice MSRP
The Department of Agriculture (DA) announced on Monday that the maximum suggested retail price (MSRP) for imported rice could decrease due to falling global market prices. Previously set at PHP58 per kilogram for 5 percent broken imported rice, this price cap was established to curb profiteering and stabilize retail prices in Metro Manila starting January…
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New Price Cap on Imported Rice Set at PHP58 per Kilogram in Metro Manila
The Department of Agriculture (DA) has announced that starting January 20, a maximum suggested retail price (MSRP) of PHP58 per kilogram for imported rice will be enforced in Metro Manila. This decision was shared by DA Secretary Francisco Tiu Laurel Jr. during a market inspection alongside Trade Secretary Ma. Cristina Roque at the Murphy Public…
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DA and DTI Collaborate to Set Maximum Retail Price for Imported Rice Amid Rising Costs
In an effort to curb the escalating prices of rice, the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) are jointly developing a maximum suggested retail price (MSRP) for imported rice. This initiative was announced following observations by Agriculture Secretary Francisco Tiu Laurel Jr., who noted that prices reaching PHP60 per…
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