Price ceiling on rice to take effect Tuesday, says Malacañang

Sacks of rice are delivered at a store in Commonwealth Market, Quezon City on Friday, Sept. 1, 2023). (PNA photo by Joan Bondoc)

Presidential Communications Office

The Office of the Executive Secretary clarified on Friday that Executive Order (EO) No. 39, which sets a price ceiling on regular and well-milled rice in the whole country, will take effect on September 5, Tuesday.

OES Undersecretary Leonardo Roy Cervantes said that the price cap on rice will take effect immediately upon publication of EO No. 39 in national newspapers.

As stated under EO No. 39, the mandated price of regular milled rice is P41.00 per kilogram while well-milled rice is P45.00 per kilogram.

The Office of the Executive Secretary also emphasized that any inquiry or complaint about the executive order can be coursed through the government’s 8888 Citizens’ Complaint Center.

President Ferdinand R. Marcos Jr. approved the recommendation of the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) on August 31 to impose mandated price ceilings on rice amid the current surge in retail prices of rice in the country.

President Marcos has directed the DA and the DTI to jointly monitor the prices of rice by visiting wet markets, supermarkets, warehouses and storage areas to effectively implement the order and to prevent hoarding, profiteering and other illegal activities. PND

Popular

PBBM inspects Pampanga food security complex, distributes aid

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday oversaw the distribution of government assistance during his visit to...

2026 SONA includes gov’t efforts amid ‘very difficult period’ in PH history —PBBM

By Brian Campued President Ferdinand R. Marcos Jr. on Friday emphasized that he will highlight the administration’s continuing efforts to address the impact of “external...

Threats against PBBM must not be taken lightly —Palace

By Brian Campued Malacañang on Thursday reiterated that threats to the life and security of President Ferdinand R. Marcos Jr. must always be treated with...

PBBM honors injured Navy personnel in Ayungin clash

By Brian Campued President Ferdinand R. Marcos Jr. on Thursday honored the two Philippine Navy (PN) personnel who sustained injuries following a confrontation with the...