Amid rising inflation, Philippine President Ferdinand Marcos Jr. witnessed a 15-point approval rating drop to 65% in September, as per a Pulse Asia survey. That follows an August inflation report highlighting a 5.3% rate due to pricier rice and vegetables. Consequently, Marcos set a rice price cap and approved financial assistance (12.7 bln pesos) for roughly 2.3 million rice farmers to address El Nino and increased production costs.