The Department of Trade and Industry's (DTI) price monitoring and enforcement teams now include red onions in their regular inspection of items covered by the suggested retail prices (SRP). DTI Secretary Alfredo E. Pascual fielded the agency's price monitoring teams beginning on Dec. 30, 2022 to...
Trade and Industry Secretary Alfredo E. Pascual gave an assurance that prices on basic necessities and prime commodities (BNPCs) will not be increased during this Christmas season, but by early next year yet. Pascual made this assurance on Thursday, Dec. 1, after meeting the National Price...
Trade and Industry Secretary Alfredo E. Pascual has hinted of a likely increase in the suggested retail prices (SRP) on basic necessities and prime commodities (BNPCs). In a radio interview, Pascual said the agency expects that 25 percent of requests for price adjustments may be granted at...
The increasing cost of packaging materials, including tin can, was the major reason behind the price hike of basic commodities, the Department of Trade and Industry (DTI) said. Aside from this, the department stressed that the last increase on the suggested retail prices (SRPs) of basic goods was...
Department of Agriculture (DA) Secretary William Dar bared that they are looking to release the suggested retail price (SRP) for imported pork within the week. (Photo courtesy of LANDBANK) In a virtual press briefing Wednesday, May 12, Dar said that the agency is currently finalizing the proposed...
The Philippine government will no longer extend the price ceiling on pork and chicken in Metro Manila, but will impose a price cap or suggested retail price (SRP) on imported pork only starting Friday, April 9. Agriculture Secretary William Dar announced during Wednesday, April 7 virtual briefing,...
The validity of Executive Order (EO) 124, which imposed a price ceiling on pork and chicken in Metro Manila, will end this week, and the government and private sector have two completely different sentiments about its effectiveness. For one, Noel Reyes, the spokesperson of the Department of...
Suggested retail prices (SRP) of Noche Buena products have remained unchanged as manufacturers agreed to absorb the additional costs of production in a show of solidarity with(B consumers who are hard up due to the pandemic. This was shown in the new SRP released today (Nov. 10) by the...