Latest

  • Price ceiling on imported rice eyed as fuel shocks drive up retail prices

    Price ceiling on imported rice eyed as fuel shocks drive up retail prices

    MANILA – The National Price Coordinating Council (NPCC) has endorsed a proposal to impose a ₱50 per kilogram price ceiling on imported rice as rising global oil prices continue to drive up food costs in the Philippines. The measure, proposed by the Department of Agriculture (DA), is pending approval by Ferdinand Marcos Jr. and will…