
Philippines Imposes 30-Day Price Cap on Imported Rice
The Philippine government has imposed a 30-day price cap of P50 per kilo on imported rice. President Marcos ordered the measure to control rising prices and ensure affordability for consumers.
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Gov’t imposes 30-day cap of P50/kilo for imported rice
MANILA, Philippines — President Marcos on Wednesday issued Executive Order No. 118, which imposes a temporary price ceiling of P50 per kilo for imported rice. Under the EO, the mandatory price cap shall be in effect for 30 days nationwide, unless earlier lifted by the President upon the recommendation of the National Price Coordinating Council
By cbuban
Read full article →Government imposes P50 price cap on imported rice
The government has imposed a price cap of P50 per kilo on imported rice for 30 days nationwide to ensure the accessibility of affordable rice for all Filipinos.
By Helen Flores
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