The Tariff Commission (TC) aims to conclude its investigation into safeguard measures imposed on imports of corrugating medium—a paper product used for packaging materials—by November to determine whether a definitive duty is necessary to protect the local industry. The TC formally launched its...
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said the 15 percent reduced tariff on rice was a balancing act to ensure affordable prices and protect consumers’ interest. In a statement on Monday, June 10, Balisacan said the decision was not made lightly as the...
The Department of Energy (DOE) is eyeing the issuance of a Presidential mandate that will expand the coverage of zero tariff incentive for electric vehicles (EVs) - primarily for hybrids, as well as the two-wheeler and three-wheeler fleets. Energy Undersecretary Felix William Fuentebella told...
The Tariff Commission will commence hearings on the proposed reduction in rice tariffs on Friday, Sept. 15. In a notice of public hearing posted on its website, the commission is inviting all interested parties to register their participation before the end of business hours on Thursday, Sept. 14....
Businessmen are strongly urging the government to ensure that the ongoing comprehensive tariff review and reform by the Tariff Commission (TC) should result in reduced corruption in the agriculture sector and accessibility of products at cheaper prices to ensure food security in the country. ...
The Tariff Commission (TC) is conducting full blast review of the most favored nation (MFN) tariffs to set the new import duty rates and schedules on wide ranging products from various countries, which account for 52 percent of the country’s total imports, over the next five years (2024-2028). MFN...
Local flour millers have asked the Tariff Commission to retain the most favored nation (MFN) tariff rate on milling wheat and wheat flour for the 2024-2028 to ensure continued supply of flour in the country at stable prices. Ric Pinca, executive director of the Philippine Association of Flour...
Domestic hogs producers have strongly urged the Tariff Commission (TC) to review the extended tariff rates on imported frozen edible offal and for the Department of Agriculture to establish the first border inspection facility to minimize smuggling and misdeclaration of imported animal meats....
The Tariff Commission said the definitive anti-dumping duty on the importation of wheat flour from Turkiye is set to expire on October 27 this year and urged concerned parties to submit their position on the matter. In an advisory, the Commission urged concerned parties to file a written request...
The Cement Manufacturers Association of the Philippines (CeMAP) welcomed the imposition of definitive anti-dumping duties against cement imports from Vietnam stating the move is a show of support for the investments and development of the domestic cement manufacturing industry for job creation and...
Independent power producers (IPPs) in the country are asking for a permanent zero tariff on all types of coal imports from non-ASEAN countries to diversify sources of coal outside of Indonesia and ensure energy security in the country. In a presentation during the public hearing conducted by the...
Corn farmers recorded a staggering revenue loss of about P10 billion due low farm-gate prices, prompting the filing of a House Resolution seeking to junk the Department of Agriculture’s (DA) proposal to temporarily lower import tariff on the main staple. 38728 In a statement, a group of corn...
