MSRP will remain during freeze on rice imports - BusinessWorld Online

During 60-day rice import ban, DA keeping P43 per kilo MSRP

MANILA, Philippines — The Department of Agriculture (DA) will retain the P43 maximum suggested retail price (MSRP) per kilo of imported rice during the 60-day ban on overseas procurement of this household staple. “We will maintain the MSRP even during the two-month rice import ban,” said Agriculture Secretary Francisco Tiu Laurel Jr. in a statement

MSRP will remain during freeze on rice imports - BusinessWorld Online

THE maximum suggested retail price (MSRP) for imported rice will remain in place during the two-month suspension of rice imports ordered by President Ferdinand R. Marcos, Jr., the Department of Agriculture (DA) said on Thursday. “We will maintain the MSRP even during the two-month rice import ban,” Agriculture Secretary Francisco P. Tiu Laurel, Jr. said. The MSRP for 5% broken-grain imported rice was reduced to P43 per kilo from P45 on July 16. …

DA: IMPORTED RICE MSRP TO STAY DURING IMPORT BAN

The maximum suggested retail price (MSRP) for imported rice will remain during the two-month suspension of rice imports ordered by President Ferdinand Marcos Jr., Agriculture Secretary Francisco Tiu Laurel Jr. announced. The MSRP for 5 percent broken imported rice was reduced to P43 per kilo from P45 on July 16. President Ferdinand Marcos Jr. decided to suspend rice importation between September and October to stabilize palay prices, which have …