A Philippine government council on price coordination has endorsed a plan to impose a 50-peso ($0.83) a kilo ceiling on imported rice as the war in Iran continues to drive up food and fuel costs.
A Philippine government council on price coordination has endorsed a plan to impose a 50-peso ($0.83) a kilo ceiling on imported rice as the war in Iran continues to drive up food and fuel costs.
A worker rakes paddy rice outside a rice mill in Kalasin province, Thailand, on Monday, Nov. 20, 2023. Limited supply from Vietnam has led to buyers such as the Philippines and Malaysia turning to Thailand for rice. Photographer: Luke Duggleby/Bloomberg