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MANILA – Agriculture Secretary Francisco Tiu Laurel Jr. on Wednesday announced that the maximum suggested retail price (MSRP) for imported rice will be reduced anew on March 31 to PHP45 per kilo, following a continued decline in global rice prices.
“At this level, the retail price of imported rice has now decreased by P19 per kilo compared to its price before we implemented the MSRP on January 20,” Tiu Laurel said in a news release.
Before the MSRP was introduced, imported…