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  • DA studies P50/kg price cap on imported rice amid rising global costs

    DA studies P50/kg price cap on imported rice amid rising global costs

    MANILA — The Department of Agriculture is considering imposing a price ceiling on imported rice as rising global tensions drive up shipping and production costs, raising concerns over possible profiteering in the local market. Agriculture Secretary Francisco Tiu Laurel Jr. said the agency is evaluating a proposed cap of around P50 per kilo for imported…