(UPDATE) PRESIDENT Ferdinand Marcos Jr. has put a cap on the price of rice to check the "alarming" increase in the staple's price, Malacañang announced on Friday.
The Palace said the President, through Executive Secretary Lucas Bersamin, signed on August 31 Executive Order (EO) 39 approving the joint recommendation of the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) to set price ceilings on rice.
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