6 months Palace can intervene over drastic changes in rice prices – DTI MB |Biz
By Bernie Cahiles-Magkilat President Rodrigo Duterte can intervene on drastic changes in prices of rice to ensure the interest of farmers and consumers as government implements a free-for-all rice importation on efforts to stabilize supply and bring down prices to P30 per kilo. Trade and Industry Secretary Ramon M. Lopezlopez This was stressed by Trade and Industry Secretary Ramon M. Lopez during a press conference to discuss the streamlined importation procedures and benefits of the liberalized regime under the Republic Act No. 11203 or the Rice Liberalization Act. Lopez explained that there is no trigger price or volume level in ... more