Marcos lifts cap on Philippines' rice prices
Philippine President Ferdinand Marcos lifted a price ceiling on rice Wednesday, weeks after capping the cost of the staple to support poor households."As of today, we are lifting the price caps on rice, both for the regular milled rice and for the well-milled rice," Marcos said, at an event in Manila where a thousand sacks of "smuggled" rice seized in a raid were distributed to poor families.
Source: yahoo.com
