Philippines' Marcos lifts rice price cap imposed to curb inflation
FILE PHOTO: Farmers plant rice seedlings that are part of a breeding program for late-maturing varieties, at the International Rice Research Instit...
FILE PHOTO: Farmers plant rice seedlings that are part of a breeding program for late-maturing varieties, at the International Rice Research Institute, in Los Banos, Laguna province, Philippines, January 18, 2023. REUTERS/Lisa Marie David/File PhotoMarcos had imposed the price caps, effective early in September, as the rising cost of the national staple pushed inflation higher. FILE PHOTO: Farmers plant rice seedlings that are part of a breeding program for late-maturing varieties, at the International Rice Research Institute, in Los Banos, Laguna province, Philippines, January 18, 2023.