The implementation of the mandated price ceilings for rice will start on Sept. 5, Malacañang said late Friday. The clarification
The implementation of the mandated price ceilings for rice will start on Sept. 5, Malacañang said late Friday.
EO 39 sets the mandated price per kilogram of regular milled rice at PHP41 and well-milled rice at PHP45. It also orders the Bureau of Customs to step up its ongoing inspections and raids of rice warehouses to combat hoarding and illegal importation of rice in the country and facilitate the confiscation, seizure, or forfeiture of smuggled rice as may be warranted by the law.
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