Ellson Quismorio/ MANILA BULLETIN) House Deputy Majority Leader ACT-CIS Party-list Rep. Erwin Tulfo wondered on Sunday, Nov. 10 why the prices of imported rice hasn't gone down despite the huge tariff cut imposed by the Marcos administration....
Albay 2nd district Rep. Joey Salceda (Ellson Quismorio/ MANILA BULLETIN) Economist-solon Albay 2nd district Rep. Joey Salceda says President Marcos ultimately made the right call in enforcing a huge reduction on rice tariffs, since the move is...
(MANILA BULLETIN) House Speaker Martin Romualdez assured the public Monday, June 24 that the effects of the rice imports tariff slash would soon be felt, possibly before President Marcos' third State of the Nation Address (SONA) on July 22. "We want...
President Marcos has formalized the reduction of tariff rate on rice from 35 percent to 15 percent. MB File Photo/Mark Balmores The rice tariff cut was formalized through Executive Order No. 62 which also ordered the modification of nomenclature and tariff rates on various products to ensure...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has challenged those opposing the Palace-ordered 20 percent tariff rate reduction on rice imports to put forward better options in the bid to...
The government could lose around P20 billion to P22 billion in revenues this year due to the 15 percent tariff reduction on rice imports, Finance Secretary Ralph G. Recto said. Recto, however, said that this could be offset through lowering inflation, which would lead to possible cut on interest...
(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...
Quezon 1st district Rep. Wilfrido Mark Enverga (Contributed photo) The Palace-ordered reduction on the duties imposed on imported rice won’t lead to reduced government support for rice farmers. Quezon 1st district Rep. Wilfrido Mark Enverga,...
(MANILA BULLETIN) House Speaker Martin Romualdez has quelled concerns that the reduction on imported rice tariff rate from 35 percent to 15 percent would lead to the local market getting "flooded" with imported rice, to the detriment of Filipino farmers....
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) President Marcos' decision to slash reduce the tariff on rice imports from 35 percent to 15 percent bodes well for price stability on the staple grain. Thus, said...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The so-called "Young Guns" of the House of Representatives gave their thumbs up Wednesday, June 5 to Malacañang's decision to drastically reduce the tariff on rice imports...
Some senators have agreed to temporarily reduce tariff rates on rice even though the government stands to lose “less than P10 billion” in revenues, according to the Department of Finance (DOF). It was mentioned however by Finance Undersecretary Domini Velasquez that while the projected...
