
Marcos Orders P50/Kilo Price Cap on Imported Rice
Philippine President Ferdinand Marcos Jr. has ordered a 30-day price cap of P50 per kilo on imported rice, with the Department of Agriculture preparing for its enforcement.
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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 →DA ready to enforce P50/kilo imported rice price cap
The Department of Agriculture (DA) is gearing up for the enforcement of President Marcos’ executive order imposing a price ceiling on imported rice.
By Josiah Antonio
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