San miguel: The Local Government Unit (LGU) of San Miguel, Surigao del Sur, has ordered rice retailers, market vendors, and business establishments to comply with the mandated price ceiling of PHP50 per kilogram on imported rice, following Executive Order (EO) No. 118 issued by Malaca±ang. Mayor Michael Corilla on Monday emphasized that the directive aims to protect consumers from sudden price hikes and ensure affordable access to staple food.

According to Philippines News Agency, EO 118, signed by President Ferdinand R. Marcos Jr., imposes a nationwide price ceiling on imported rice for 30 days, unless lifted earlier upon recommendation of the National Price Coordinating Council. The order was crafted to address rising rice prices and prevent profiteering amid supply concerns.

Mayor Corilla reiterated the importance of adherence to the price cap. "We are directing all rice traders and establishments in San Miguel to strictly observe the PHP50 price ceiling," he stated. He also urged consumers in the town to report violators to the municipal government or concerned agencies for enforcement action.

EO 118 reflects the government's proactive steps to stabilize rice prices and ensure that this essential commodity remains accessible to all citizens. The LGU's enforcement of the price cap is a crucial part of this broader strategy to maintain economic stability and protect consumer interests.