00:00The maximum suggested retail price or MSRP of every kilo of imported rice will be lowered according to the Department of Agriculture or DA.
00:08This is after the price monitoring is done in Cartimar Martes in Pasay City, the DA, Department of Trade and Industry or DTI, and the local government of Manila
00:18to know if the rice is following the MSRP and if it is effective for the buyers.
00:24Meanwhile, according to the DA, Secretary Francisco T. Laurel Jr., it is possible that rice for all will be sold in supermarkets and convenience stores on the 1st of March.
00:33New labeling rules will be issued by the DA to avoid overpricing.
00:39Special, Premium, and Fancy items will also be removed.
00:43And it will be a requirement to place stamps and complete details of the rice that is being sold.
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