President Marcos has ordered the imposition of a temporary mandated price ceiling on imported rice to address what the government described as unjustified price increases and market abuse. Under Executive Order (EO) No. 118, imported rice with five percent broken content will be subject to a...
Malacañang called Senator Imee Marcos ' claims on imported agricultural products as fake news, saying there is no truth about the alleged importation of vegetable products. "As far as Secretary Tui Laurel Jr. is concerned, yes, it 's fake news," Palace Press Officer and Communications...
The Department of Agriculture (DA) is considering the imposition of price ceilings on other agricultural commodities aside from imported rice should retail prices exceed reasonable levels. “If there’s profiteering, yes, we’ll do that,” Agriculture Secretary Francisco Tiu Laurel told...
President Marcos announced that he has approved the recommendation to cap the price of imported well-milled rice at P50 per kilo. In a video message on Tuesday, March 31, Marcos said an executive order will be issued to formalize the price ceiling on rice. "Nagrekomenda na ang National Price...
The maximum suggested retail price (MSRP) for imported rice, currently set at P58-per-kilo, will gradually decrease with a potential to go as low as P49 in March if global prices remain stable, according to Agriculture Secretary Francisco Tiu Laurel. The DA implemented the MSRP on Monday, Jan. 20,...
The Department of Agriculture (DA) is urging retailers to comply with the maximum suggested retail price (MSRP) of P58 for imported rice, which took effect on Monday, Jan. 20. On Tuesday, officials of the DA and the Department of Trade and Industry (DA) inspected stalls selling rice at the Trabajo...
The Court of Tax Appeals (CTA) has denied for lack of merit the petition of Calumpit Multi-Purpose Cooperative (CMPC) which contested the seizure, auction and forfeiture in 2018 of its P68.4 million worth of imported rice from Thailand. The case started on Sept. 9, 2015 when CMPC was granted a...
(Keith Bacongco/MANILA BULLETIN) Following the Palace-ordered tariff cut on rice imports, House Deputy Minority Leader and Basilan lone district Rep. Mujiv Hataman says he is mulling the filing of a measure that would enhance the protection and...
Senator Cynthia A. Villar said she is confident that the link and network established by the country’s hog producers with institutional markets—such as restaurants and hotels—will lessen their dependence on imported pork. HOG FESTIVAL 2024. Senator Cynthia Villar, Department of Agriculture...
Hundreds of illegally imported cigarette master cases worth an astounding P27.6 million was intercepted in Zamboanga City, the Bureau of Customs said in a report. Agents from the Customs’ water, police, and intelligence divisions led a maritime operation on Jan. 26 that led to the seizure of a...
A cup of coffee (Usplash) A Filipino breakfast is not complete without a cup of coffee. But chances are, what you had this morning wasn’t produced by local farmers. In a House Committee on Agriculture and Food hearing Monday, Nov. 6, Palawan 2nd district...
Motor vehicle sales went up 21.8 in April compared to the same month last year on improving economic situation and availability of a wider range of motor vehicle models, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers...
