DESPITE sufficient local supply and declining international export price of rice, President Ferdinand R. Marcos Jr. has decided to retain—for now—Executive Order (EO) No. 39, which imposed a price cap for the food staple. The chief executive made the decision even after the Department of Agriculture (DA) and the Department of Trade and Industry (DTI)
(UPDATE) THE government is ready to lift the price ceiling on rice, an official of the Department of Agriculture (DA) said on Tuesday, citing a decrease in the prices of the staple in the market and the expected increase in supply during the harvest this month.