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Published July 21, 2021, 1:21 PM
Prices of basic necessities and prime commodities will increase by 3 to 5 percent or P0.75 centavos to P1 per can of sardines and canned meats, a situation that will likely worsen the country’s already elevated inflation level.
In a television interview, DTI Secretary Ramon M. Lopez said the price increases in basic goods, which will be issued via the new suggested retail prices (SRPs), will be the first adjustment in two years or since the last SRP was issued on September 30, 2019.
Trade and Industry Secretary Ramon M. Lopez
The new SRP will be published prior to their effectivity, said Lopez. DTI Undersecretary for Consumer Welfare and Protection Ruth Castelo said they are still finalizing the new SRP.
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Steven Cua (File photo/ MANILA BULLETIN)
Steven Cua believes that coming up with such standards or guidelines would allow costumers in foreign countries, including Filipinos living away from home, to experience the authentic taste of Filipino dishes.
“Countries like Thailand and Vietnam have standardized dishes they wish to duplicate and promote in restaurants all over the world in the hopes that, if a gastro enthusiast partakes of this dish, Filipino adobo for example (as compared to Spanish-style adobo), he will enjoy the same expected level of sourness from said dish,” Cua said.
Adobo is a style of cooking that involves the balancing of acidity (from vinegar) and savory flavors (soy sauce, garlic) together with the preferred protein (usually pork or chicken). It has gained popularity in recent years thanks to the glowing testimonials of local and foreign food vloggers.