A true magnificent location in the south, Cebu undeniably boasts of several wonders from being perceived as a tourism hotspot and now as one of the most sought after destinations for businesses and investments. Over the recent years, Cebu has seen an influx of promising business activities...
Senator Francis "Kiko" Pangilinan on Friday, May 7, attributed to the vigilance of stakeholders the government's decision to revise its pork importation policy. Senator Francis Pangilinan (Senate of the Philippines/MANILA BULLETIN File Photo) “Tagumpay ito ng ating sama-sama at tulong-tulong na...
After weeks of disagreement on pork imports, the Senate and the President’s economic team, led by Finance Secretary Carlos Dominguez III, decided to lower the import tariff cut proposed under Executive Order (EO) 128 and adjust the volume of pork imports allowed to enter the Philippines under...
Senators and government economic managers have finally reached a compromise on the adjustment of tariff rates and volume for the importation of pork. Senate President Vicente 'Tito' Sotto III "Compromised reached!" Senate President Vicente Sotto III told reporters Wednesday, May 5, citing a "seesaw...
Despite a 12-month tariff cut imposed on pork, a group of local meat importers began lobbying for a much longer period wherein the pork import tariff rate is kept at 15 percent from the original 40 percent until 2025. A customer pays for pork at a roadside market stall in Mandaluyong City, Manila,...
Senate Minority Leader Franklin Drilon on Tuesday, April 27, expressed belief that the government can maintain the tariff rates and adjust the minimum access volume (MAV) in the importation of pork to more reasonable levels. (MANILA BULLETIN File photo/Keith Bacongco) At the Senate Committee of the...
Senator Cynthia A. Villar on Tuesday, April 27, sought a Senate-Malacañang compromise on a controversial presidential order increasing a minimum access value (MAV) of and reducing tariff rates on pork imports. Senator Cynthia Villar during the hybrid hearing of the Senate Committee of the Whole on...
Finance Secretary Carlos Dominguez on Tuesday, April 27, defended their recommendation to President Duterte to sign Executive Order 128, which reduces tariff on the importation of pork products. (MANILA BULLETIN File photo/Keith Bacongco) In a virtual presence during a public hearing by the Senate...
The Duterte administration’s chief economic manager has called on lawmakers to support temporary increased in pork imports at lower tariff rates to address the scarcity in the domestic supply of hog meat. Finance Secretary Carlos G. Dominguez III said the lower import tariffs and higher the...
Meat prices continued to rise despite the recent 150 percent surge in pork import volume, casting doubt on the government’s recent move to bring down tariffs on imported pork. A customer pays for pork at a roadside market stall in Mandaluyong City, Manila, the Philippines. (Bloomberg file) “The...
The tariff cuts on imported pork under Executive Order 128 is expected to result in P14 billion loss in government revenue, according to the Kilusang Magbubukid ng Pilipinas (KMP). A customer pays for pork at a roadside market stall in Mandaluyong City, Manila, the Philippines, on Sunday, March 14,...
Consumers are urged to keep on patronizing local pork amid the issuance of Executive Order (EO) 128, which will bring down the tariff on pork imports and will pave the way for the entry of more imported pork into the Philippines. On Thursday, Samahang Industriya ng Agrikultura (SINAG) Chair...
