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President Ferdinand Marcos Jr. on Saturday said the mandated price ceiling for rice that was in place for about a month has helped stabilize the prices of the staple in the market.
How do you cook a meal when a staple ingredient is unaffordable?
MANILA, Philippines — President Ferdinand Marcos Jr. has announced the immediate removal of the price ceiling on rice after about a month since its imposition.
The government is lifting the price caps on rice, both for the regular milled rice and well-milled rice, President Ferdinand R. Marcos Jr. announced on Wednesday, saying that the move is timely as the administration carries out various measures to shield the poor and the most vulnerable.
Department of Agriculture (DA) officials today said that the rice production has increased with the country obtaining 52 days-worth of rice supply by the end of September.
Metro Manila (CNN Philippines, October 4) — President Ferdinand Marcos Jr. on Wednesday named those allegedly involved in manipulating the rice situation in local markets.
MANILA, Philippines — The government is ready to lift the price ceilings it imposed on rice due to decreasing prices in the global and domestic markets and the expected increase in the supply of the food commodity, the Department of Agriculture (DA) said yesterday.
RICE imports were markedly lower as of the third week of September from a month earlier, Bureau of Plant Industry (BPI) data showed.