A rice vendor at Paco Market in Manila says regular milled rice sold at P41 per kilogram does not sell well due to its unusual appearance. (Arnold Quizol) The Department of Social Welfare and Development (DSWD) and Department of Trade and Industry (DTI) on Wednesday, Sept. 6 went over the specifics...
A veteran economist has expressed concerns about an imminent tightness in rice supply within a month if the government enforces price ceilings for too long. Gil S. Beltran, a former undersecretary and chief economist at the Department of Finance (DOF), stated that price controls typically provide...
BACOLOD CITY – The city government will provide at least 150 sacks of well-milled rice to 3,000 rice retailers in three major public markets here amid the nationwide price ceiling on the staple. City Legal Officer Romeo Carlos Ting Jr. said on Wednesday, September 6, that 50 sacks of rice will be...
CEBU CITY – The Police Regional Office-Central Visayas (PRO-7) will strictly monitor retailers to ensure that the price cap on rice will be enforced. Police Brig. Gen. Anthony Aberin, chief of PRO-7, has instructed all police units in the region to make sure that the order of President Ferdinand...
The Philippine Rice Industry Stakeholders Movement (PRISM) will cooperate with the government in supplying and in purchasing affordable rice for consumers. PRISM lead convenor Rowena Sadicon said they are now working with the Department of Agriculture (DA) and the Department of Trade and Industry...
Malacañang assured the public that the government will intensify its monitoring of rice prices in the market. A rice vendor at Paco Market in Manila says regular milled rice sold at P41 per kilogram does not sell well due to its unusual appearance. (Arnold Quizol) Executive Secretary Lucas...
Rice retailers in Muntinlupa grudgingly complied with President Marcos' order imposing price cap on regular and well-milled rice, saying they are losing money because of the policy. Muntinlupa Mayor Ruffy Biazon visited a public market in Muntinlupa on Sept. 5 to check the compliance of...
Quezon City (QC) Mayor Joy Belmonte assured the city's small scale rice retailers who will be adversely affected by the imposition of the national government's Executive Order No. 39, Series of 2023 that the city government is ready to provide them with assistance in order for them to remain in...
Pateros Mayor Miguel Ponce III said the municipal government will help retailers in finding a supplier of cheaper rice to sell to the public in light of President Ferdinand Marcos Jr.’s imposition of a price ceiling. Marcos issued Executive Order No. 39 on Aug. 31 imposing a mandated price...
House Speaker Martin Romualdez (center) in Jakarta, Indonesia for the ASEAN Summit (Speaker’s office) The Malacañang-imposed price cap on rice is just a short term measure, House Speaker Martin Romualdez told Manilla-based reporters in Jakarta, Indonesia on Tuesday,...
Muntinlupa Mayor Ruffy Biazon met with rice retailers, distributors, grocery owners and public market representatives on Sept. 5 to discuss President Marcos' order imposing a price ceiling on regular-milled and well-milled rice. Marcos issued Executive Order No. 39 on Aug. 31 imposing a...
Enforcing price ceilings on rice would eliminate unhealthy competition among rice traders who are taking advantage of the rice situation in the country, a farmers group said. (Mark Balmores/MB Photo) Expressing support for the government's move to set price ceilings on rice, a farmers group in...
