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