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Manila Times Business

Imported rice price cap should be extended – DA

THE Department of Agriculture (DA) is recommending a 30-day extension to the P50-per-kilogram price cap for imported rice that is set to expire tomorrow. “We do not want to preempt any decision that will be made by the president, but so far, the DA is recommending for the extension of the price cap,” Agriculture Assistant Secretary Willie Ann Angsiy told reporters on Wednesday. President Ferdinand Marcos Jr. last month issued Executive Order 118 mandating the P50/kg price cap for 5 p

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Source: manilatimes.net

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