The RCCA, a retailer's group based at the Teodoro Arcenas Trade Center in the said province, was also among the first in the region to publicly announce compliance with the mandatory imposition of a rice price cap after a series of consultations and dialogue initiated by the Department of Trade and Industry (DTI), Department Agriculture, and Provincial Price Coordinating Council (PPCC).
Cambe also noted that the price of rice in the market will eventually go down with the onset of harvest season in the province.
"Even if the price ceiling is lifted, the price of rice will go down at the height of the harvest season. It may be even lower than P41.00 and P45.00 as long as sufficient rice supply will be locally available," he added.
Moreover, 30 small-time rice retailers in the island province’s five towns, who were affected by the rice price cap, got the financial grant during the payout held at the Provincial Capitol Covered Gym in Jordan, Guimaras.
“Bangud sa ginpanubo ang presyo sang bugas biskan mahal amon nga ginbakal pero nagbulig ang gobyerno para mabawi amon nga kapital (Due to the decreased price of rice despite buying it at a high price, the government has helped us to regain our capital fund),” said Rodnie Bandiola, a rice retailer from Jordan town, acknowledging the said aid.
Another beneficiary, 71- year-old Nelly Gonzaga who has been with the business since 1990, conveyed her gratitude for this initiative of the government.
“Ginapasalamatan ko ang DSWD nga naghatag sa amon sang pinansyal bilang bulig nila sa amon sa mga napierde namon nga (mga bugas) nga ginbaligya namon kag kun may sobra idugang namon ini sa kapital (I thanked the DSWD for this assistance that helped us against the impact of the losses. The remaining extra will be used for our capital),” Gonzaga shared.
Meanwhile, 29 small rice retailers from Aklan, covering the towns of Lezo, Numancia, Kalibo, Batan, and Altavas, served as the initial recipients of the same cash assistance in the province.