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...
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...
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 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...
The Philippine government will no longer extend the price ceiling on pork and chicken in Metro Manila, but will impose a price cap or suggested retail price (SRP) on imported pork only starting Friday, April 9. Agriculture Secretary William Dar announced during Wednesday, April 7 virtual briefing,...
The Philippine government has tapped San Miguel Corporation (SMC) for its new packaging solution that will prolong the shelf life of local milk. SMC’s packaging unit, San Miguel Yamamura Packaging Corp. (SMYPC), recently signed an agreement with the Philippine Carabao Center (PCC), an attached...
Several agriculture lobby groups jointly appealed for President Rodrigo Duterte to withdraw his recommendation to increase the Minimum Access Volume (MAV) for pork by 350,000 metric tons (MT) as this may cause further damage to the local hog industry. The groups also asked Duterte to shelve another...
China’s reported overuse of antibiotics in its fisheries products threatens food safety in the Philippines, which imports billions worth of seafood products from the world’s second-largest economy every year. In a virtual briefing on Monday, Asis Perez, convenor of food security advocacy group...
The validity of Executive Order (EO) 124, which imposed a price ceiling on pork and chicken in Metro Manila, will end this week, and the government and private sector have two completely different sentiments about its effectiveness. For one, Noel Reyes, the spokesperson of the Department of...
The Indian government has extended $50,000 worth of assistance to the Philippines' corn sector and has even initiated a bilateral exchange on agricultural technology with the Philippine government. Photo by Gaspar Uhas on Unsplash During the general membership meeting of the Philippine...
Listed diversified firm San Miguel Corporation (SMC) has conducted food donation drive throughout Metro Manila as government imposes stricter measures following the surge of COVID-19 cases. SMC President and Chief Operating Officer Ramon S. Ang said hundreds of boxes of canned goods were sent out...
