Providing for New Effectivity of the Price Ceilings on Rice Nationwide
National Emergency Memorandum Order No. 11, issued by President Corazon C. Aquino on February 28, 1990, sets new nationwide price ceilings for rice from March 1 to 31, 1990. The prices are established at P7.00 per kilo for NFA rice, P8.40 for regular milled rice, and P9.00 for well-milled rice, with allowances for transport and handling costs in remote areas, subject to regional approval. This order retains the provisions of the earlier Memorandum Order No. 7, unless they conflict with the new directives. The memorandum takes effect two days post-publication in two major newspapers, reflecting the urgent need for price regulation.
Law Information
- Reference Number
- National Emergency Memorandum Order No. 11
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- National Emergency Memorandum Orders
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 28, 1990
NATIONAL EMERGENCY MEMORANDUM ORDER NO. 11
PROVIDING FOR NEW EFFECTIVITY OF THE PRICE CEILINGS ON RICE NATIONWIDE SUBJECT TO CERTAIN MODIFICATIONS
Pursuant to the powers vested in me by the Constitution and Republic Act No. 6826, I, CORAZON C. AQUINO, President of the Philippines, do hereby order:
1. for the period March 1 to 31, 1990, the price ceilings on rice nationwide are hereby set as follows:
| NFA | P7.00/kilo |
| Regular Milled | P8.40/kilo |
| Well-Milled | P9.00/kilo |
2. Transport and handling add-on costs shall be allowed for fur-flung areas upon review and approval by the Regional Task Forces on Rice.
3. National Emergency Memorandum Order No. 7 dated January 22, 1990, shall remain in force and effect for the aforesaid period of effectivity of the price ceilings, except for provisions thereof which are inconsistent with this Memorandum Order.
4. This Memorandum Order shall take effect two-(2) days after publication in two (2) newspapers of general circulation, considering the urgency thereof.
DONE in the City of Manila, this 28th day of February, in the year of Our Lord, nineteen hundred and ninety.
Cite This Law
Providing for New Effectivity of the Price Ceilings on Rice Nationwide, National Emergency Memorandum Order No. 11, Feb 28, 1990 (Philippines)
Providing for New Effectivity of the Price Ceilings on Rice Nationwide, National Emergency Memorandum Order No. 11 (Phil. 1990)
Related Laws
- Providing for New Effectivity of the Price Ceilings on Rice NationwideNational Emergency Memorandum Order No. 16 • Apr 30, 1990 • Presidential Issuances
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- Extending the Period of Effectivity of the Price Ceilings on Rice NationwideNational Emergency Memorandum Order No. 29 • May 30, 1990 • Presidential Issuances
- Providing for New Effectivity of the Price Ceilings on Certain Prime Commodities in the NCRNational Emergency Memorandum Order No. 3 • Dec 30, 1989 • Presidential Issuances
- Setting New Price Ceilings for Rice and Corn GrainsLetter of Instructions No. 413 • May 29, 1976 • Presidential Issuances
- Providing for New Effectivity of the Price Ceilings on Certain Prime Commodities in the NCRNational Emergency Memorandum Order No. 9 • Jan 31, 1990 • Presidential Issuances
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