Amid rice price caps, Cebu City mulls reviving task force on price monitoring

Morexette Marie B. Erram 09/07/2023

CEBU CITY, Philippines – The Cebu City Government wants to reconvene its task force in charge of monitoring price controls following Malacañang’s order to put price caps on rice. Mayor Michael Rama on Thursday, September 7, said…

DTI-7 to focus on monitoring price cap on rice

Niña Mae C. Oliverio 09/06/2023

CEBU CITY, Philippines — An official from the Department of Trade and Industry in Central Visayas (DTI-7) has reiterated their focus on monitoring the price ceilings mandated by the president. The implementation of the Executive Order (EO)…

NFA-7 assures sufficiency of rice stocks in Central Visayas

Niña Mae C. Oliverio 09/06/2023

CEBU CITY, Philippines — An official from the National Food and Authority in Central Visayas (NFA-7) said that there is  sufficient supply of NFA rice ready in case of calamities or disaster. “We assure the public that…

Compliance with rice price ceiling still low

Dexter Cabalza, Inquirer Bureaus, Jordeene B. Lagare 09/06/2023

MANILA, Philippines — Retail prices of rice in Metro Manila started to decline on Tuesday, the first day the price ceiling on the Filipino staple food took effect, according to a monitoring conducted by the Department of…

House sets P2-billion aid to ease impact of rice price cap

Jerome Aning, Julie Aurelio 09/05/2023

MANILA, Philippines — The House of Representatives is earmarking P2 billion to ease the impact of the price ceiling on rice on retailers who bought their stocks above the cap of P41 a kilogram for regular-milled and…

Cebu Daily Newscast: Easing rice import tariffs better option than price caps – FEB

CDN Digital 09/04/2023

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…

Easing rice import tariffs better option than price caps – FEB

Ronnel Domingo 09/03/2023

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…

Rice retailers to defy price caps to avoid losses

Joey Gabieta @joeygabietaINQ - @inquirerdotnet 09/03/2023

TACLOBAN CITY, Leyte, Philippines — Retailers on Saturday said they would defy President Ferdinand Marcos Jr.’s order setting price ceilings on rice effective Sept. 5. A day earlier when the directive was announced, it met immediate opposition…

Malacañang says price cap on rice effective Tuesday, Sept. 5

Adrian Parungao 09/02/2023

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)…

Rice retailers groaning under new price caps

the Inquirer staff 09/02/2023

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,…

Bongbong Marcos orders price caps for rice at P41 to P45 per kilo

Jean Mangaluz 09/01/2023

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has ordered price caps for rice amid soaring commodity prices. The price ceiling for regular milled rice is set at P41 per kilogram, while the cap for well-milled rice…

Presyo Merkado: Prices of goods at the Mandaue Public Market as of Sept. 1

Emmariel Ares 09/01/2023

A trip to your local market is made hassle-free with this daily Presyo Merkado -price check of products and goods sold at the market. So before you lay out your meal plans, you might want to check…

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