Adopting a uniform five percent tariff rate on corn imports could generate ₱17.2 billion in net economic gains as consumer savings offset losses for local farmers and government revenues, according to advocacy group Foundation for Economic Freedom (FEF). Speaking at a Tariff Commission (TC)...
The Tariff Commission (TC) has launched an investigation to determine the merits of a proposal seeking to implement a uniform five-percent tariff rate on corn imports to prevent increases in pork and chicken prices. In a notice dated June 10, the TC said it has started a probe into a petition filed...
Amid weakening economic sentiment, fueled by corruption issues, a political economist has floated the prospect of constitutional reform to end protectionist clauses that heavily favor Filipino ownership and goods. Calixto Chikiamco, president of think tank Foundation for Economic Freedom (FEF),...