Opposition presidential aspirants are urged to undo the Philippines’ reliance on imported food, which was allegedly worsened by the pro-importation policy of the Duterte administration. “Public servants especially at the national level must address the most basic need of Filipinos: food. Yet,...
The Department of Finance (DOF) said the Philippines needs the passage of key economic reform measures to bring in more capital and spur job creation in the medium- to long-term. Finance Undersecretary Gil S. Beltran said Friday, Oct. 15, that Congress should pass the amendments to the Foreign...
The Senate has ratified the bicameral conference committee report on the bill that would open up the Philippines to more foreign investors. Senate of the Philippines plenary hall (Senate PRIB) Senators on Monday, September 20, approved the bicam report which reconciled the disagreeing provisions of...
While groups of local fishermen, traders, and aquaculture players already expressed what they think about the government’s decision to approve the importation of 60,000 metric tons (MT) and how they think this may not necessarily bring down fish prices, Ateneo Professor Karlo Fermin Adriano has...
A group of farmers is urging the Philippine government to end the liberalization of fertilizer importation in the country and start regulating the prices of this essential farm input. This was the response of Kilusang Magbubukid ng Pilipinas (KMP) to a Business Bulletin story quoting Fertilizer and...
Groups of food producers are asking for a leadership change at the Department of Agriculture (DA), which they think is one of the solutions for the output and financial crisis they are currently experiencing. "We need a new government," said United Broiler Raisers Association (UBRA) President Bong...
At least seven industry groups in the Philippines are calling for the liberalization of agriculture sector to secure food supplies. The groups, led by the American Chamber of Commerce of the Philippines, Inc. (AmCham) and Cold Chain Association of the Philippines, Inc. (CCAP), said they...
Voting 20-0-0, the Senate approved on third and final reading a bill that would open up the Philippines' retail sector to foreign enterprises. Senate of the Philippines (Senate PRIB) Senators voted to pass on Wednesday, May 19, Senate Bill No. 1840, which proposes to amend the Retail Liberalization...
The possibility of the government opening up the local market to more imported sugar remains to be one of the major factors why the country’s local sugar production is seen not improving this year or in the next years to come. This, according to international data, has remained to be “the...
