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The Department of Agriculture (DA) warned rice retailers, traders, and importers that violators of the government’s newly imposed price ceiling on imported rice could face jail time, million-peso fines, and even business closures under the Price Act. President Ferdinand Marcos Jr. ordered a 30-day price ceiling on imported 5 percent broken rice to curb what […]
The Department of Agriculture (DA) said it is prepared to immediately enforce President Ferdinand Marcos Jr.’s executive order imposing a price ceiling on imported rice, a move aimed at cushioning consumers from surging food costs amid inflationary pressures triggered by the conflict in the Middle East. Executive Order No. 118 imposes a P50-per-kilo cap on […]
The Department of Agriculture is weighing a price ceiling on imported rice as global tensions push up shipping and farm input costs, raising concerns about profiteering in the domestic grains market. Agriculture Secretary Francisco Tiu Laurel Jr. said the government is studying a cap of about P50 per kilo on imported rice, a level he […]
Deputy Speaker Eddie Villanueva said the government should strengthen its information dissemination on its policy of setting a lowered price cap on real time-polymerase chain reaction (RT-PCR) testing in the country. Villanueva said the Department of Health (DOH) and Department of Trade and Industry should make their messaging “unambiguous” and execute a “more vigorous information […]
Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat appeals for a price cap on the real-time reverse transcription-polymerase chain reaction (RT-PCR) and antigen tests for the coronavirus disease (COVID-19) to enhance tourism revival, as the Inter-Agency Task Force for the Management of Emerging Infectious Diseases relaxes travel restrictions in areas under general community quarantine. “The DOT […]