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DA to impose MSRP on imported red onions this month
PTVPhilippines
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1 day ago
DA to impose MSRP on imported red onions this month
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00:00
The maximum suggested retail price, or MSRP, for imported red onions is set for implementation this month.
00:07
In an ambush interview last week, Agriculture Secretary Francisco Chiu Laurel Jr. said
00:12
that imported red onions should not be sold for more than 120 pesos per kilo.
00:18
He said it is clearly profiteering to sell it at 250 to 300 pesos.
00:23
The Department of Agriculture, or DA, assures that they will conduct strict monitoring and supply tracing,
00:29
especially since it is holiday season already.
00:32
Penalties that may be imposed under the Price Act are also being studied with the help of the Department of Trade and Industry.
00:40
The DA Secretary also called for the public to report such abuses.
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