Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, according to the World Trade Organization (WTO). A new“Global Trade Outlook and Statistics” report by WTO economists on Wednesday, 5 April, forecasts that volume of world...
President Ferdinand "Bongbong" Marcos Jr. has resumed his presidential activities following his week-long mandatory isolation after testing positive for Covid-19. President Ferdinand 'Bongbong' Marcos swears in Ambassador Manuel Antonio Teehankee as the Philippine Permanent Representative to the...
After undergoing a seven-day mandatory isolation, President Ferdinand "Bongbong" Marcos Jr. carried on with swearing in officials he picked to lead certain posts under his administration. President Ferdinand 'Bongbong' Marcos Jr. and Ambassador Manuel Antonio Teehankee. (Photo courtesy of Bongbong...
The opposition coming from the farmers’ groups against the ratification of the Regional Comprehensive Economic Partnership (RCEP) has intensified, with as many as 45 groups with thousands of members combined claiming they were not consulted about the Philippines’ commitments on the treaty as...
Amid lack of government support, the Philippines has been slacking in corn production. The situation has gone so bad that importation has already become a necessity. CORN Roger Navarro, president of the country’s largest group of corn producers Philippine Maize Federation (PhilMaize), said in an...
International think tank Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) has backed the Philippine government on its stand at the World Trade Organization (WTO) against illegal, unreported, and unregulated (IUU) fishing and harmful fisheries subsidies....
The Philippine government was told to assert its position at the World Trade Organization (WTO) regarding harmful subsidies that bigger countries like China provide their commercial fleets, resulting in overfishing and encroaching in disputed waters. This, since China alone gives out P325 billion...
The Bureau of Customs (BOC) announced that it has joined the Philippine Trade Facilitation Committee (PTFC) to come up with interventions to improve the movement of goods in the country. Bureau of Customs (BOC) Commissioner Rey Leonardo Guerrero (Photo courtesy of the BOC) The bureau will serve as...
President Duterte has issued an executive order (EO) creating the Philippine Trade Facilitation Committee (PTFC) to comply with the country's commitments under the World Trade Organization-Trade Facilitation Agreement (WTO-TFA). President Rodrigo Duterte (File photo/Malacañang) Executive...
The Department of Agriculture (DA) has been formally asked by its legally mandated arm for stakeholders' participation, Philippine Council for Agriculture and Fisheries (PCAF), to withdraw its petition to lower import tariff rates on pork. Instead, PCAF is proposing for the government to allow the...
The Department of Agriculture (DA) is now pushing to further expand the minimum access volume (MAV) allocation on pork to 404,210 metric tons (MT) from the current 54,000 MT, a proposal that has already been sent to President Rodrigo Duterte for approval. On Tuesday (Feb. 16), Agriculture Secretary...
The Philippine government has lifted the ban on Brazilian poultry meat more than four months since making such a decision. In a memorandum, Agriculture Secretary William Dar said that based on the relevant information provided by Brazil, it has provided evidence that the safety protocols...