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 Senate Committee on Energy is requiring the Department of Energy (DOE) to legally justify the approval it bestowed on the transfer of the unloaded 45-percent shareholdings of Chevron Corporation in the Malampaya gas field venture to buyer Udenna Corporation. In a statement to the media, Senator...
The Office of the President (OP) was urged to cancel the ‘stay order’ issued on mining companies with pending suspension and closure orders. This as such move will not do anything for the Philippine economy. “We demand that the Office of the President immediately cancels this ‘Stay...
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 Philippine government has allowed the mining companies that were suspended and ordered closed by former Environment Secretary and late Regina Paz Lopez in 2017 to continue operating. Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said on Tuesday that the government has decided to...
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...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) As the Philippine economy continues to tread the path towards post-pandemic recovery, keeping Micro, Small, and Medium Enterprises (MSMEs) relevant remains a challenge for us at the Department of Trade and...
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...
Metropolitan Waterworks and Sewerage System (MWSS) said the new concession agreement (CA) between the Philippine government and Manila Water Company, Inc will be beneficial to all — the government, the public, and the Ayala-led east zone concessionaire. Speaking for the first time since...
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...
