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D.A. eyes to impose MSRP for each variety of imported rice once new labeling rules are implemented
PTVPhilippines
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11 months ago
D.A. eyes to impose MSRP for each variety of imported rice once new labeling rules are implemented
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00:00
The Department of Agriculture, D.A., plans to impose a maximum suggested retail price, or MSRP,
00:05
for each type of imported rice upon the implementation of new labeling regulations.
00:10
Agricultural Secretary Francisco Tularel, Jr. provided examples
00:14
of potential MSRPs for the new labeling rules. The Agriculture Chief said that this move aims
00:20
to reduce the MSRP of 5 percent broken imported rice, which is currently set at 55 pesos per
00:26
kilogram to 52 pesos per kilo by February 15 and further to 49 pesos per kilo by March 1, 2025.
00:56
For MSRP of 5 percent broken, I hope it will be at 25. Let's say MSRP of 25 percent broken is at P41.42.
01:12
For 100 percent broken, maybe MSRP 38.
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