00:00The maximum suggested retail price of imported rice will be reduced to 55 pesos from 58 pesos MSRP starting tomorrow.
00:08According to the Department of Agriculture, or DA, this will be a good move to lower food price inflation.
00:15The DA also targets to reduce the MSRP to 49 pesos in March.
00:19The department's efforts to reduce the price of the basic commodities are aligned with the directive of President Ferdinand R. Marcos Jr. for food security.