Philippines: Canned sardines manufacturers want SRP junked

Published 2022년 6월 22일

Tridge summary

The Canned Sardines Association of the Philippines (CSAP) has raised concerns about the legal basis of the Suggested Retail Price (SRP) on basic necessities and prime commodities (BNPCs) issued by the Department of Trade and Industry (DTI), questioning its absence in enabling law. The Price Act, according to CSAP, only suggests the SRP and does not allow price control. The group also highlighted the potential ultra vires nature of the proposed guidelines on SRP's enforcement and criticized the DTI for not monitoring high freight rates and increasing costs for manufacturers selling to supermarkets. CSAP is advocating for an amendment to the Price Act and believes that the DTI cannot issue a Department Administrative Order without supporting legislation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Local canned sardine manufacturers questioned the legal basis of the Suggested Retail Price (SRP) on basic necessities and prime commodities (BNPCs) with price ranges, implying that the Department of Trade and Industry (DTI) has no power to issue the SRP Bulletin because of the absence of an enabling law. This was raised by the Canned Sardines Association of the Philippines (CSAP) in a letter addressed to DTI Secretary Ramon M. Lopez in light of the consultation being conducted by the agency on a draft Department Administrative Order (DAO) on guidelines for SRP Bulletin listing and delisting of BNPCs. CSAP Executive Director Francisco J. Buencamino stated in a June 13,2022, letter that “CSAP is declaring its objection to the proposed draft DAO. “It may be wiser for us to recommend deferring a final action on this DAO until an effort to establish an enabling law will support the DAO.” Buencamino cited three most fundamental concerns on the draft DAO. “The main issue with the DAO is ...
Source: Mb

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