The maximum suggested retail price (MSRP) for imported rice will be lowered from ₱49 per kilo to ₱45 beginning March 31, according to Agriculture Secretary Francisco Tiu Laurel. In a statement, Laurel said the MSRP was reduced following the continued decline in global rice prices. “At...
(MANILA BULLETIN) The Department of Agriculture (DA) must step up its campaign on ensuring that sellers and suppliers comply with the maximum suggested retail price (MSRP) for pork. This, AGRI Party-list Rep. Wilbert T. Lee cited recent...
DA sets MSRP for pork in Metro Manila starting March 10, aiming to lower prices for consumers. The Department of Agriculture (DA) will implement a maximum suggested retail price (MSRP) for pork in wet markets across Metro Manila beginning Monday, March 10, in a bid to lower prices. The MSRP...
SM Retail Inc is a premium sponsor of the 3rd Retail Leaders’ Summit, hosted by the Philippine Retailers Association. With the theme "Retail Recharge: Inspiring Strategies for Retail Success," this year’s summit serves as a platform for industry leaders to exchange ideas, spark innovation, and...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) ACT-CIS Party-list Rep. Erwin Tulfo is batting for all basic food items to have a suggested retail price (SRP) in order to prevent certain businessmen from manipulating their prices. The...
The maximum suggested retail price (MSRP) for imported rice, currently set at ₱52 per kilo, will be lowered to ₱49 beginning next month, according to Agriculture Secretary Francisco Tiu Laurel. The new price cap to take effect on March 1 marks the first time the MSRP will go below the ₱50...
The Department of Agriculture (DA) is exploring the prospect of buying pork and directly selling the commodity to retailers, allowing the agency to cut through potential layers of profiteering as pork prices continue to rise. DA Secretary Francisco Tiu Laurel recalled that during his meeting with...
James L. Go, Chairman of the Gokongwei Group’s flagship JG Summit Holdings Inc., has been bargain-hunting and scooped up ₱48.13 million worth of shares of subsidiaries Robinsons Retail Holdings Inc. (RRHI) and Universal Robina Corporation (URC) this week. As stock analysts are optimistic about...
Metro Retail Stores Group, Inc. (MRSGI), the supermarket and department store chain of Cebu’s Gaisano family, is optimistic about its growth opportunities in the Visayas. In a disclosure to the Philippine Stock Exchange, the firm said it is aggressively expanding its retail network through...
The Sy family’s flagship SM Investments Corporation (SMIC) expects to stay on its long-term growth trajectory, banking on the Philippines’ resilient consumption-led economy, synergies across its business segments, and strong consumer fundamentals. “The Philippine economy remains...
The Department of Agriculture (DA) is still studying the potential of implementing a maximum suggested retail price (MSRP) on pork as the agency investigates the possibility of profiteering. Agriculture Secretary Francisco Tiu Laurel said the MSRP will be imposed once profiteering has been...
Robinsons Retail Holdings, Inc. reported that its attributable net income more than doubled to P10.27 billion last year from P4.1 billion in 2023 due to the one-time gain from the merger of Robinsons Bank into the Bank of the Philippine Islands booked in the first quarter. In a disclosure to the...
