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PHL braces for shift to open rice market

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A DAY before a bill that will open up the country’s rice market lapses into law, Malacanang said the proposed Rice Tariffication Act is still on the desk of President Duterte.

The measure, which seeks to convert the quantitative restriction (QR) on rice into tariffs is set to lapse into law on February 15 if it is not acted upon by the President.

Presidential Spokesman and Chief Presidential Legal Counsel Salvador S. Panelo said in a radio interview that he also got word from Executive Secretary Salvador C. Medialdea on Wednesday that the bill was for signing.

 

See full article at Business Mirror

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