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(UPDATED, 1:15 p.m., Wednesday) MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. lifted the rice price ceiling on Wednesday, October 4, 2023. In a rice distribution activity in Taguig City, Marcos announced that beginning this Wednesday, the…
President Ferdinand “Bongbong” Marcos Jr. has approved the release of a total of P13.4 billion in financial assistance to rice farmers to help sustain their productivity amid the El Niño phenomenon and other challenges faced by the…
MANILA, Philippines — President Ferdinand Marcos Jr. on Saturday said the government could ease the price cap he imposed on rice once the cost in the market stabilizes, which he hopes would happen after the harvest season.…
MANILA, Philippines – “I think we are not in a rice emergency, so to speak.” Department of Trade and Industry (DTI) Secretary Alfredo Pascual assessed the rice situation, mentioning, “I don’t think the situation is getting worse,…
MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. remembers his father, former president Ferdinand Marcos Sr., as someone who fought for peace and order. Marcos Jr. made the tribute as Ilocos Norte celebrated Marcos Sr.’s 106th birth…
JAKARTA, Indonesia — President Ferdinand Marcos Jr. and United States (US) Vice President Kamala Harris met on the sidelines of the 43rd Association of Southeast Asian Nations (Asean) Summit in Jakarta, the Palace said Thursday. “President…
MANILA, Philippines — The Philippines and Vietnam are working on a five-year rice trade agreement that is hoped to help address the former’s food security concerns. President Ferdinand Marcos Jr and Vietnamese Prime Minister Pham Minh Chinh…
JAKARTA, Indonesia — Saying that peace remains a ‘distant reality’ in the South China Sea, President Ferdinand “Bongbong” Marcos Jr. called on all parties to practice self-restraint amid rising territorial tensions in the disputed waters. Addressing leaders…
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, September 4. Easing rice import tariffs better option than price caps – FEB The Foundation for…
MANILA, Philippines — The Foundation for Economic Freedom (FEF) has called on the Marcos administration to temporarily lift or at least cut import tariffs on rice to check surging prices of the staple grain and avert a possible “full-blown…
MANILA, Philippines — The Office of the Executive Secretary (OES) clarified late Friday night that the price ceiling for regular and well-milled rice in the country will be effective on Tuesday, September 5. Under Executive Order (EO)…
Small rice merchants said they expected significant losses that could even force them out of business from the sudden imposition of the price ceilings on the staple ordered by President Marcos on Friday. Rice retailers in Bulacan, Oriental Mindoro,…
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