Department Of Trade And Industry Suggested Retail Price, Ramon M. Lopez is the Secretary of the Department of Trade and Industry (DTI). His extensive government experience with the Presidential Management Staff (PMS), DTI, and the National Economic Development Authority (NEDA) in the early part of his career provided him with a solid background on macroeconomic and industry policy and program development that allowed him to adopt a more holistic trade approach when he moved to the private sector and became a top executive of a major Philippine food and beverage company for over 23 years.
He led the entrepreneur advocacy Go Negosyo for 12 years until he was called to serve the country again under President Rodrigo Roa Duterte’s administration as the DTI Secretary. He chairs several institutions under DTI such as the Board of Investments (BOI), the Intellectual Property Office of the Philippines (IPOPHL), the Small Business Corporation (SB Corp.), the Philippine Economic Zone Authority (PEZA), and several councils for MSME Development, Export Development, and Price Coordination.
He also chaired the ASEAN Economic Ministers when the Philippines assumed Chairmanship in 2017, and is a founding member of the World Economic Forum-ASEAN Regional Strategy Group and Stewardship Board for International Trade and Investment System. He has received several awards such as: the Honorary Agora in Nation Building Award; the Nation Builders Award for Government Service for his role as prime mover in Micro, Small, and Medium Enterprise (MSME) development; and the Philippine Innovation Man of the Year Award in 2017 for the promotion of social entrepreneurship through innovation.
He earned his Bachelor’s Degree in Economics from the University of the Philippines and topped his Master’s Degree in Development Economics at Williams College, Massachusetts.
The DTI provides updated suggested retail prices (SRPs) for basic necessities and prime commodities such as, but not limited to, canned and other food products, bottled water, dairy, and common household or kitchen supplies.
For the latest price freeze, comparative prevailing prices, and SRPs of seasonal items, please visit e-presyo.
e-Presyo” is the Online Price Monitoring System (OPMS) of the DTI where consumers can check the prevailing prices of basic necessities and prime commodities that are being monitored by the DTI. It serves as a price guide for consumers in doing their grocery shopping which in turn ensures “value for money.”