Hog raisers and agriculture stakeholders have thrown their support for the adoption of House Joint Resolution No. 37 calling for the termination of Executive Order No. 128 issued by President Duterte to temkporarily reduce import tariffs on pork. At least 15 House members have signed HJR 37 but...
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...
The temporary reduction in pork import tariffs will slash the government’s revenue haul this year, but the Department of Finance (DOF) said these losses are necessary to ease the burden on consumers already reeling from the economic impact of the pandemic. Finance Secretary Carlos G. Dominguez...
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...
A second wave of the African swine fever (ASF) could hit the Philippines if the government continues the importation of pork products, Senator Risa Hontiveros said on Monday, April 26. Senator Risa Hontiveros (Senate PRIB/MANILA BULLETIN File photo) Like the coronavirus (COVID-19) pandemic,...
Amid the prevalence of African Swine Fever (ASF), state-run lender Land Bank of the Philippines (LANDBANK) has doubled its credit commitment to the local swine industry from P15 billion to P30 billion. This, according to the bank, will help local pork producers and feed millers to repopulate and...
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...
Temporary increase in pork imports will not “kill” the hog industry, as the National Economic and Development Authority (NEDA) estimated that it would potentially account for less than a quarter of total consumption. In a statement on Friday, April 16, Acting Socioeconomic Planning Secretary...
It may have taken some time since the alleged kickback scheme in pork importation was exposed, but Agriculture Secretary William Dar is more certain now that the Department of Agriculture (DA) has nothing to do with this so-called tongpats scandal. During a recent senate hearing, Dar denied any...
The Philippines, one of the top pork importers in the world, is seen doubling its pork imports to 350,000 metric tons (MT) this year amid the Duterte Administration’s decision to temporarily cut the tariff rates for the commodity. This is based on the latest report released by the US...
