Duterte warns rice hoarders, cartels

President Rodrigo R. Duterte (Presidential Photo)

MANILA — President Rodrigo R. Duterte on Monday issued a stern warning against rice traders engaged in hoarding and cartel operations, who are being blamed for the artificial rice shortage that leads to high rice prices.

“I now ask all the rice hoarders, cartels and their protectors, you know that I know who you are: stop messing with the people. Power sometimes is not a good thing. But I hope I will not have to use it against you,” Duterte said during his third State-of-the-Nation Address (SONA) delivered before Congress.

“Consider yourselves warned; mend your ways now or the full force of the State shall be brought to bear upon you,” he said.

The Chief Executive directed all intelligence agencies to unmask the perpetrators of this “economic sabotage” and for law enforcement agencies to bring them to justice.

To lower the price of rice, President Duterte underscored the need for the country to switch from the current quota system in importing rice to a tariff system where rice can be imported more freely.

“This will give us additional resources for our farmers, reduce the price of rice by up to 7 pesos per kilo, and lower inflation significantly. I ask Congress to prioritize this crucial reform, which I have certified as urgent today,” he said, referring to the rice tariffication bill. (Leslie Gatpolintan/PNA)

Popular

LWUA assures that private firms behind poor water services will be held accountable

By Brian Campued The Local Water Utilities Administration (LWUA) on Tuesday vowed to hold water districts and private entities accountable for their poor water service,...

DPWH forms audit team to check status of flood control projects

By Brian Campued The Department of Public Works and Highways (DPWH) has created its own audit team to check and review the status of flood...

PBBM underscores public cooperation as key to better disaster response

By Dean Aubrey Caratiquet President Ferdinand R. Marcos Jr. reiterated his call on the citizenry to remain on constant alert and exercise vigilant measures at...

PBBM lauds eGov app’s impact on Filipinos, hints at upcoming features

President Ferdinand R. Marcos Jr. recognized the indispensable role of the eGov app in fast-tracking and streamlining the digitalization of government transactions and services,...