Rice importers still underfire at House super panel

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Rice importers still underfire at House super panel - Business Mirror

Quick Summary:

RICE importers remained under scrutiny as the House Quinta Committee, also known as the Murang Pagkain Super-Comm, continued its investigation into their role in sustaining high rice prices despite a reported landed cost of P36 per kilo.

But Salceda pointed out that imported rice only accounts for 22 percent of the country’s supply, compared to 78 percent sourced locally.“How can 22 percent dictate 78 percent?

Jose Clemente “Joey” Sarte Salceda, lawmakers called for a deeper investigation into possible collusion and price manipulation in the rice industry.Marikina Rep.