President Ferdinand R. Marcos Jr. secured on Tuesday $22 million in investments following his meetings with Indonesia’s leading companies for increased partnerships on animal health, artificial intelligence (AI), and digital connectivity.
President Ferdinand R. Marcos Jr. on Tuesday expressed the Philippines’ readiness to chair the Association of Southeast Asian Nations (ASEAN) Summit in 2026, promising to fortify the foundations of the bloc’s community-building and steer it towards a new chapter.
President Ferdinand R. Marcos Jr. assured on Monday that the government will extend assistance to rice traders and retailers who will be affected by the implementation of Executive Order No. 39, which sets rice price caps.
President Ferdinand R. Marcos Jr. arrived in Jakarta, Indonesia Monday, Sept. 4, to attend the 43rd Association of Southeast Asian Nations (ASEAN) Summit and Related Summits, where he is expected to advance the country’s interest in the regional gathering.
The issuance of Executive Order (EO) No. 39, which sets price ceilings on rice nationwide, will not only reduce rice prices in the market but will also penalize and discourage hoarding, according to the National Economic and Development Authority (NEDA).
A few days before the effectivity of the price ceilings on rice nationwide, the Department of Trade and Industry (DTI) will mobilize its price monitors and will work closely with the Department of Agriculture, other national agencies, and the local chief executives to activate their Local Price Coordinating Councils to effectively implement the mandated price caps on rice.
