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EO authorizing P50 cap on imported rice pending - BusinessWorld Online

Summary by bworldonline.com
THE Department of Agriculture (DA) said it is awaiting an executive order (EO) that will impose a P50-per-kilo price cap on imported rice, and hopes it will be issued before the end of the month. Agriculture Secretary Francisco P. Tiu Laurel, Jr. said President Ferdinand R. Marcos, Jr. has expressed support for the proposed measure. “I am hopeful that before the end of the month, (the EO) will be issued,” Mr. Laurel told reporters on the sidelin…

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EO authorizing P50 cap on imported rice pending - BusinessWorld Online

THE Department of Agriculture (DA) said it is awaiting an executive order (EO) that will impose a P50-per-kilo price cap on imported rice, and hopes it will be issued before the end of the month. Agriculture Secretary Francisco P. Tiu Laurel, Jr. said President Ferdinand R. Marcos, Jr. has expressed support for the proposed measure. “I am hopeful that before the end of the month, (the EO) will be issued,” Mr. Laurel told reporters on the sidelin…

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bworldonline.com broke the news on Wednesday, April 8, 2026.
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