Philippines to cut retail price of imported rice to 0.94 USD

NAMPA / Xinhua
2025-02-04
MANILA, Feb. 4 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Tuesday announced its plan to reduce the maximum suggested retail price (MSRP) of imported rice to 55 pesos (0.94 U.S. dollars) per kg from 58 pesos (0.99 dollars) per kg to provide much-needed relief to Filipino consumers struggling with the high cost of the food staple. The announcement came one day after Agriculture Secretary Francisco Tiu Laurel declared a food s......
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