MANILA — Trade and industry Secretary Ramon Lopez said Agriculture Secretary Manny Piñol is open to the idea of putting suggested retail prices (SRP) on agricultural products as a mechanism to monitor profiteering by retailers.
MANILA — Trade and industry Secretary Ramon Lopez said Agriculture Secretary Manny Piñol is open to the idea of putting suggested retail prices (SRP) on agricultural products as a mechanism to monitor profiteering by retailers.
This is in line with President Rodrigo Duterte’s directive to maintain stable prices of basic necessities and prime commodities (BNPC).
“Since DTI covers groceries and supermarkets and not the public market, we suggested to Sec. Piñol to consider imposing SRP on agricultural products,” Lopez said in a Palace press briefing.
See full article at Philippine News Agency
