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TACLOBAN CITY, Leyte, Philippines — Retailers on Saturday said they would defy President Ferdinand Marcos Jr.’s order setting price ceilings on rice effective Sept. 5. A day earlier when the directive was announced, it met immediate opposition from small merchants. “As far as we are concerned, no, we will not comply,” said Frederic Dy, president
The post Rice retailers to defy price caps to avoid losses appeared first on Inquirer News.
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