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...
Revenue collection from imported rice increased this year despite decline in the price of the staple food in the world market, the Department of Finance (DOF) reported Thursday, Oct. 21. Based on the Bureau of Customs report submitted to the DOF, the agency collected P14.3 billion in rice duties...
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...
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....
