Marcos lifts rice price cap

United States News News

Marcos lifts rice price cap
United States Latest News,United States Headlines
  • 📰 PhilstarNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 94%

In a press conference on Wednesday, Marcos said that “as of today,” the government is “lifting the price caps on rice, both for the regular-milled rice and the well-milled rice.”

This comes after the Department of Agriculture and the Department of Trade and Industry presented "positive" indicators to Marcos on Tuesday reportedly showing the effectiveness of the price cap, which was implemented on September 5 to arrest surging rice prices.

Rice retailers have heavily opposed the price ceiling due to the larger overhead costs that come with trading the household staple. During the press conference, Marcos vowed to provide continued assistance to farmers, even tapping his cousin – House Speaker Martin Romualdez – to mobilize lawmakers in Metro Manila in providing assistance to “underprivileged families.”Experience super-sized fun at SM’s 65th anniversary this OctoberReady to own a Kumon franchise? Here's all you need to know!

Jenny was last spotted 270 kilometers east northeast of Itbayat, with peak winds of 150 km per hour near the center and gusts... PAGASA said that it is still possible that Jenny could make landfall or pass close to Batanes, but the “likelihood is...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PhilstarNews /  🏆 1. in PH

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

All signs point to lifting of rice price cap after Marcos' meeting with DA, DTIAll signs point to lifting of rice price cap after Marcos' meeting with DA, DTI'From our parameters, it seems we're ready . It's all upon the president to decide on it,' says an agriculture official
Read more »

Marcos lifts price cap on riceMarcos lifts price cap on rice'As of today, we are lifting the price caps on rice – both for the regular milled rice and for the well-milled rice,' Marcos says
Read more »

Marcos lifts price cap on riceMarcos lifts price cap on ricePRESIDENT Ferdinand Marcos Jr. has ordered the lifting of the mandatory price cap on regular- and well-milled rice, which the government implemented last month amid the surge in...
Read more »

PH ‘ready’ for lifting of price cap on ricePH ‘ready’ for lifting of price cap on riceAN OFFICIAL of the Department of Agriculture (DA) said the mandatory price cap for rice in the country can already be lifted considering the favorable indicators in the market.In a...
Read more »

DA, DTI recommend lifting of price cap on riceDA, DTI recommend lifting of price cap on riceNearly a month into the implementation of a price ceiling on rice, an official said the Department of Agriculture and the Department of Trade and Industry have recommended to President Ferdinand Marcos Jr. to lift the measure.
Read more »



Render Time: 2025-03-01 07:59:54