Issue of August 5, 2018
     
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DTI expands product SRP list, soon accessible using mobile phones
by PIA-CAR

The Department of Trade and Industry is bringing in new services for Filipino consumers such as the expanded Suggested Retail Price (SRP) list and price monitoring that can be readily accessed from mobile phones to further empower Filipinos to be wise and responsive consumers.

During the Regional Convergence Convention for Business Enterprises and Consumers in Baguio, DTI Usec. Ruth Castelo said the DTI will release this month an expanded SRP list that will include several premium brands of the common basic necessities and prime commodities starting with canned goods and coffee.

DTI’s SRP list of basic necessities includes canned fish and other marine products, processed milk, coffee, laundry soaps, detergents, candle, breads, salt, potable water sold in bottles/containers, and locally manufactured instant noodles.

For prime commodities, the SRP list includes flour, processed pork, beef and poultry meat, vinegar, fish sauce (patis), soy sauce,  paper, school supplies, cement, clinker, galvanized iron sheets, hollow blocks, construction and electrical supplies, batteries, light bulbs, and steel wires.

Castelo said expanding the SRP will benefit the consumers as they will have a wider list of products choose from, which will help ensure that they will get the value for their money.

At the same time, it will serve as additional promotion for retailers as their products will be included in the DTI SRP list with the actual price that they submitted and confirmed by DTI if it fits the SRP of such product or commodity.

Consumers, she said, can now check the SRP of basic necessities and prime commodities and compare which brands have the least price while in the grocery or market place using their mobile phones, through the DTI e-Presyo apps that can be downloaded in Android mobile phones and I-phones.

DTI will also have consumer corners in malls and department stores, she added.

Another major project for Filipino consumers is the DTI Suking Tindahan, which is expected to be formally launched in the National Capital Region this month and to be cascaded to the regions.

Under the project, DTI will link sari-sari stores in the communities to big retailers or distributors so that they can get the basic necessities and prime commodities first hand or at discounted prices so they can also sell such products following the SRP, Castelo said.

With the DTI Suking Tindahan, consumers can save travel time and cost in going to big groceries or supermarkets to buy their basic and prime commodities, she said.


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