Business Technology, Finance Technology & Information Technology
Watch SRP in marketplaces, MMDA tells NCR mayors
On Tuesday, a representative of the Metropolitan Manila Development Authority (MMDA) requested that the mayors of the National Capital Region (NCR) examine the costs of essential goods to guarantee that the suggested retail pricing (SRP) at the markets under their control is being adhered to.
Romando Artes, the acting chair of the MMDA, stated that these price monitoring efforts involve inspecting the weighing scales of sellers as well as the prices of essentials and premium commodities during an inspection at the Agora Public Market in San Juan City.
We will work along with the Metro Manila Council (MMC) to monitor prices in the city’s numerous wet markets, Artes added.
The 17 mayors of the NCR make up the majority of the MMC, which is run by the MMDA.
Francis Zamora, the mayor of San Juan City, claimed that the Local Price Coordination Council regularly monitors prices in his community.
Zamora stated, “I want to ensure that our constituents are not being sold costly goods.
Two notices of violation were issued during the inspection against a few retailers in the Agora Public Market who did not follow the SRP.
According to the most recent price monitoring, medium and large red onions imported from outside have an SRP of PHP125 per kilogram.
DTI Deputy Secretary for Consumer Protection Group Ann Claire Cabochan joined Artes and Zamora for the inspection.
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