Senator: Imposition of P120/kilo MSRP for Onions a Timely Intervention
Manila: Senator Francis Pangilinan announced that the Department of Agriculture’s (DA) decision to impose a PHP120 per kilo maximum suggested retail price (MSRP) for red and white onions is a timely intervention aimed at balancing the interests of consumers and local producers during the holiday season. Pangilinan emphasized the importance of this measure in maintaining fairness in the market. According to Philippines News Agency, Pangilinan expressed confidence that the DA had carefully set the price cap based on accurate assessments of supply conditions and stakeholder welfare. He stated, “We trust that the DA computed the MSRP with proper balance between