Pork prices at select markets in Metro Manila have remained high despite the surge in imports recorded during the first half of 2020, prompting one of the country’s largest agriculture lobby groups to call out the Department of Agriculture (DA) anew for its pro-importation stance. The group,...
The country’s trade deficit doubled in May this year as imports expansion outweighed exports growth during the month, data from the Philippine Statistics Authority (PSA) showed. Preliminary report by the PSA revealed on Friday, July 9, that the gap in the trade balance, or the difference between...
Philippines’ pork imports for this year are still seen to go higher at 425,000 metric tons (MT), even despite the already 401 percent surge in pork imports the country recorded from January to April of this year. This is following the release of the Department of Agriculture’s (DA) guidelines...
The Philippines agricultural trade went up during the first quarter of the year, but this was mainly due to the higher amount of imported products that entered the country during the period. Latest data from the Philippine Statistics Authority (PSA) showed that the country’s total agricultural...
The Philippines is hoping to see the entry of as much as 140,000 metric tons (MT) of imported pork under the minimum access volume (MAV) as part of efforts to bring down meat prices in the country. This developed following the recent approval by the inter-agency MAV Management Committee (MMC) of...
Seventy percent or some 140,000 metric tons (MT) of the expanded minimum access volume (MAV) allocation of pork imports under the Executive Order (EO) 133 will be imported between July and October this year, the MAV management committee said. (Keith Bacongco / File photo / MANILA BULLETIN) In a...
The country’s international trade doubled in April after both imports and exports jumped at their fastest pace in more than a decade, the Philippine Statistics Authority (PSA) reported. Preliminary data from the PSA showed on Wednesday, June 8, that the country’s total external trade in goods...
The Federation of Free Farmers (FFF) has questioned the plan of the Philippine government to ban the entry of rice imports during harvest season, a move that will supposedly serve as a compromise to Malacañang’s latest move to temporarily slash tariff on imported rice from non-ASEAN countries....
The government intends to halt rice importation during the local harvest season to help protect farmers, according to a Palace official. (File photo/Keith Bacongco/Manila Bulletin) Presidential spokesman Harry Roque explained that rice importation will only be carried out after the domestic harvest...
The government wanted to shore up the country's supply of rice given the threat posed by climate change when it reduced import tariffs on the staple food. (Manila Bulletin file photo by Keith Bacongco) Presidential spokesman Harry Roque defended the President Duterte's decision to lower the tariff...
The country's tariff rates on imported rice and pork products will be adjusted for a year in a bid to boost food supply and keep prices affordable, Malacañang announced Saturday. President Rodrigo Duterte skims through a document as he presides over a meeting with the Inter-Agency Task Force on...
Brace for more imported pork products in the country. After declaring a state of calamity over the African Swine Fever outbreak, President Duterte has approved the higher import quota for pork products to help ensure adequate and affordable food in the country. President Rodrigo Duterte (File...