Business World

Retailers monitored on SRP set for agri, fishery goods

- Revin Mikhael D. Ochave

MICHELLE D.G. Musico, a dressed chicken retailer at a public market in the nation’s capital, has been ordered by authoritie­s to explain in writing why she was selling her goods at P160 per kilogram (/kg), P30 more than the government’s suggested retail price (SRP) of P130/kg. The letter of inquiry (LOI) was issued to her store on Monday as three Cabinet secretarie­s led an inspection at the Mega Q-Mart in Quezon City as part of the monitoring for compliance to SRPs set in an Administra­tive Circular issued by the Department of Agricultur­e on Feb. 20. Ms. Musico, who is required to reply to the LOI within two days, said her higher retail price is based on the rate charged by the supplier. “Masyadong mataas ang benta ng manok sa supplier kaya talagang hindi namin masusunod ‘yung SRP (The supplier’s price is very high, so we really cannot meet the SRP),” she said. The DA’s SRP order, which covers selected agricultur­e and fishery products, is intended to protect consumers from price irregulari­ties in local markets. The inspection team was led by Agricultur­e Secretary William D. Dar, Trade and Industry Secretary Ramon M. Lopez, and Interior and Local Government Secretary Eduardo M. Año. “The monitoring, surveillan­ce and enforcemen­t of the SRP is a multi-department approach which include LGUs (local government units),” Mr. Dar said.

SRPS

The DA circular sets the following SRPs:

• Pork (pigue/kasim) – P190

• Chicken (whole, dressed) – P130

• Sugar (raw, brown) – P45

• Sugar (refined) – P50

• Bangus (cage-cultured) – P162

• Tilapia (pond-cultured) – P120

• Galunggong (imported) – P130

• Garlic (fresh, imported) – P70

• Garlic (fresh, local) – P120 local

• Red onion (fresh) – P95.

The order took effect Feb. 24 and applies within the National Capital Region.

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 ?? BFAR ?? AGRICULTUR­E Secretary William D. Dar (right) joins Trade and Industry Secretary Ramon M. Lopez (center) and Interior and Local Government Secretary Eduardo M. Año in monitoring compliance to government-set suggested retail prices at the Mega Q-Mart public market in Quezon City on Feb. 24.
NATIONAL CAPITAL REGION
BFAR AGRICULTUR­E Secretary William D. Dar (right) joins Trade and Industry Secretary Ramon M. Lopez (center) and Interior and Local Government Secretary Eduardo M. Año in monitoring compliance to government-set suggested retail prices at the Mega Q-Mart public market in Quezon City on Feb. 24. NATIONAL CAPITAL REGION

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