Despite an initial surprise in the announcement of the rice price cap, economic managers express support for the declaration aimed at stabilizing prices in the market.

Government agencies ramp up cash aid distribution for micro rice retailers incurring losses due to the price ceiling. The Trade department eyes lifting the price cap on rice within two weeks.

Ria Tanjuatco-Trillo speaks with Samahang Industriya ng Agrikultura President Rosendo So and Social Welfare department spokesperson Romel Lopez.


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