President Ferdinand “Bongbong” Marcos Jr. on Monday, Sept. 4, assured rice retailers that the price cap imposed on rice will not last long and that the government is ready to help them shoulder the losses caused by his directive. President Ferdinand Marcos Jr. delivered his departure speech at...
President Ferdinand "Bongbong" Marcos Jr. has convened representatives from different government agencies to discuss the concerns on the upcoming enforcement of retail price ceilings on rice. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos presided over the meeting just...
Albay 1st district Rep. Edcel Lagman (Screenshot from Facebook) Rice retailers must be transparent with their inventory and purchase costs levels so that government may properly assist them when it comes their concerns on the Palace-ordered rice price...
House Speaker Martin Romualdez (center) inspects grains of rice inside a warehouse. (Speaker’s office) House Speaker Martin Romualdez is eyeing the possible release of aid or "ayuda" to small rice retailers who will be affected by the Palace-mandated price...
House Speaker Martin Romualdez (rightmost) (Speaker’s office) The national government will seriously implement the price ceiling on rice, if House Speaker Martin Romualdez's remarks are anything to go by. In a statement Sunday, Sept. 3, Romualdez...
The National Economic and Development Authority (NEDA) asserted that President Marcos’ order to set a cap on rice prices is justified, serving as a temporary measure against unscrupulous traders. According to the NEDA, there has been a significant upward trend in rice prices in recent weeks,...
Albay 1st district Rep. Edcel Lagman (Facebook) A subsidy for farmers should be provided alongside the price ceiling on rice that has been ordered by Malacañang. This suggestion came from Liberal Party (LP) President Albay 1st district Rep....
Given its complicated nature and effect on supply and demand, Senator Sherwin "Win" Gatchalian said on Saturday, Sept. 2 that the Palace-mandated price ceiling on rice should not be prolonged. "Kasi ang mangyayari diyan yung mga dealers o yung mga traders hindi magbebenta dahil ayaw nilang malugi...
Senator Grace Poe (Senate PRIB) The Palace-ordered price ceiling on rice should guarantee Filipinos' access to the staple grain. Thus, said Senator Grace Poe on Saturday, Sept. 2 even as she prodded President Ferdinand "Bongbong" Marcos Jr. to pursue...
(Ellson Quismorio/ MANILA BULLETIN) Rice shortages at the local level could become an offshoot of the Malacañang-imposed rice price ceiling, economist-solon Albay 2nd district Rep. Joey Salceda said on Saturday, Sept. 2. "Price ceilings can have...
A non-government organization composed of rice traders has expressed readiness to work with the government to provide consumers with affordable and quality rice after President Ferdinand “Bongbong” Marcos Jr.’s imposition of a price cap on rice. (Keith Bacongco/File Photo/MANILA BULLETIN) In...
President Ferdinand "Bongbong" Marcos Jr. (left,) Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez gave a glimpse into the mindset of President Ferdinand "Bongbong" Marcos Jr. that explained why the latter implemented a price...
