NFA, DTI to check local markets over implementation of SRP in rice

Marje Pelayo   •   November 8, 2018   •   3909

QUEZON CITY, Philippines – The National Food Authority (NFA) and the Department of Trade and Industry (DTI) will conduct inspections of local markets to make sure the suggested retail price (SRP) in rice is religiously implemented.

According to Agriculture Secretary Manny Piñol, they will tap the service of the Philippine National Police (PNP) to join them in the inspection of Metro Manila markets.

Piñol said first time offenders will be warned but those who will refuse to adhere with the order on SRP for the second time will be fined or sanctioned.

“It’s a written warning that the first step. The second would be penalties na, cancellation of license, penalties under the Price Act pati na ang criminal liability,” the Agriculture Secretary warned. – Marje Pelayo (with reports from Rey Pelayo)

NFA to reduce rice prices for retailers, gov’t agencies

Marje Pelayo   •   October 28, 2019

Filipino workers carry sacks of government-subsidized rice (NFA Rice) into a store selling various rice brands at a market in Quezon City, east of Manila, Philippines, 04 October 2018. EPA-EFE/ROLEX DELA PENA

MANILA, Philippines – Retailers and government agencies may now purchase rice from the National Food Authority (NFA) at a reduced price of P25/kg, instead of P27/kg.

Such measure aims at expediting the disposal of NFA’s current buffer stocks, said DA Secretary William Dar.

“Para mas magaan, mas mabilis ang paglabas ng mga imported rice stocks [of the] National Food Authority,” he said.

Agencies which can avail the reduced price of NFA rice include the Department of Social Welfare and Development (DSWD), Bureau of Corrections (Bucor), Bureau of Jail Management and Penology (BJMP), and local government units (LGUs).

Meanwhile, retailers may also get an even lower price per kilogram of NFA rice at P23 instead of P25/kg.

However, this will still be sold to end-consumers at P27/kg thus retailers will be able to gain P200 higher profit for each sack of rice.

Rice retailer Teresita Terado said the disposal of NFA rice still depends on consumer preference.

“Ang taong-bayan naman ang bibili nyan, hindi naman kami. Kahit i-push namin siya kung hindi naman siya mabenta, (It’s the consumers who buy [the NFA rice] not us. We can’t push them to buy it if they don’t want to),” Terado, a rice retailer at Commonwealth Market, said.

But Teresita said there is not much difference between regular commercial rice and NFA rice when it comes to quality.

Consumer group Laban Konsyumer criticized the government’s economic managers for rejecting their proposal, which according to the group’s president Atty. Vic Dimagiba, led to the current state of NFA rice in the country.

“Our proposal was ignored because the economic managers believe then that the imported rice will bring down prices to 32 pesos a kilogram. That didn’t happen,” Dimagiba said.

“What’s happening now is a sort of deja vu. Cramming and bringing back NFA to the market actively,” he added.

Based on the NFA’s October 17 data, there are still 2.5 million sacks of imported rice for disposal in the agency’s warehouses.

Such imported rice shipment was last contracted in December 2018 and its delivery was completed in February 2019. — MNP (with reports from Rey Pelayo)

LOOK: DTI releases SRP for school supplies

Aileen Cerrudo   •   May 28, 2019

The Department of Trade and Industry (DTI) has released the suggested retail price (SRP) for school supplies.

Cost of composition and writing notebooks range from P14.30 to P37.75, while prices of pad papers for grades 1-4 range from P8.00 to P18.75 per pad. Pencils cost around P7.50-P13.25 a piece.

Visit the complete list of prices visit 2019-Gabay sa Pamimili ng School Supplies.

For questions and complaints about the released prices, visit the nearest DTI office in your area or call DTI Hotline 1-384 (1-DTI) / 751 3330 / 0917 834 3330.

Consumer group appeals to DTI to lower SRP of prime commodities

Maris Federez   •   May 9, 2019

Price watch group, Laban Konsyumer, has filed an appeal before the Department of Trade and Industry (DTI) to lower the suggested retail price (SRP) of prime commodities following the easing down of the Philippines’ inflation rate.

Based on the latest report of the Philippine Statistics Authority (PSA), the country’s inflation rate has gone down to three percent in April – the lowest since January 2018.

Laban Konsyumer president Vic Dimaguiba said it is high time for the DTI to come up with a new SRP and that prices of a number of products; such as canned sardines, instant noodles, soaps, bottled water and other condiments, should have already been reduced.

“Ang amin pong panawagan eh napapanahon na para maramdaman naman ng mga consumer yang three percent inflation sa pamamagitan ng pagbaba ng presyo sa mga pangunahing bilihin [Our appeal is this. It is already high time that the consumers feel the three percent inflation thru the lowering of prices of basic commodities],” Dimaguiba added. (with details from Joan Nano) /mbmf

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