The country's largest pork producers group decried the low farm-gate prices, prompting them to launch a nationwide campaign, appealing to consumers to prefer local pork over imported. In a text exchange, Pork Producers Federation of the Philippines, Inc. (PPFPI) President Nonon Tambago said local...
President Duterte said that the government must throw its full weight in its anti-illegal narcotics campaign to counter drug syndicates bringing in huge volumes of drugs in the country. President Rodrigo Duterte (Malacañang) Duterte made the statement following the recent successive drug busts...
Amid efforts to augment the supply of meat in the country, the Department of Agriculture (DA) responded favorably to the call of importers, composed of meat processors and traders, to temporarily extend the validity of their import permit for pork, chicken, and other meat products. PIXABAY/ MANILA...
The House of Representatives has responded positively to President Rodrigo Duterte’s appeal for the passage of a bill that would help ensure sufficient medical oxygen supply by exempting its importation from taxes. Oxygen tanks Albay Rep. Joey Sarte Salceda (2nd district, Albay) filed on...
Trade and Industry Secretary Ramon M. Lopez has signed an order to stop the imposition of safeguard duty on imported completely built up (CBU) passenger cars and imported CBU light commercial vehicles (LCVs). Lopez signed the order last Friday, August 6, dismissing the case filed by the...
Sales of imported vehicles in the country jumped 55 percent in the first half of the year to 30,153 units from 19,509 in the same period last year when the lockdown was at its worse. The Association of Vehicle Importers and Distributors, Inc. (AVID) reported that it is not just the year to...
The country’s palay output inched up during the first quarter of the year, amid the Philippine government’s decision to allow more imported rice into the country at lower tariffs, pulling down prices of the seasonally adjusted farmgate price. Latest data from the Philippine Statistics Authority...
Department of Agriculture (DA) Secretary William Dar bared that they are looking to release the suggested retail price (SRP) for imported pork within the week. (Photo courtesy of LANDBANK) In a virtual press briefing Wednesday, May 12, Dar said that the agency is currently finalizing the proposed...
As much as 446,858 metric tons (MT) of cheaper, imported rice had so far entered the country this year, data from the Bureau of Plant Industry (BPI) showed. Based on the latest data from BPI, as many as 372 Sanitary and phytosanitary import clearance (SPS-IC) were already used so far for this year....
The departments of trade and industry and the agriculture are finalizing within this week a price cap for imported pork which could even be lower than the existing price ceiling on pork. This was revealed by Trade and Industry Secretary Ramon M. Lopez during the Malacanang public press briefing of...
Will bonds shift demand locally? On January 4, 2020, the Department of Trade and Industry announced the imposition of a safeguard duty or tariff on imported cars in response to a petition made by the Philippine Metalworkers Alliance (PMA). The provisional safeguard duty will be in the form of a...
Just a few days ago, the Department of Trade and Industry announced the imposition of a safeguard duty or tariff on imported cars in response to a petition made by the Philippine Metalworkers Alliance (PMA). The provisional safeguard duty will be in the form of a cash bond amounting to P70,000/unit...
