BOC collection from rice imports up 22% in 2021
By CHINO S. LEYCO
Government collection of duties from imported rice jumped 22 percent to P18.9 billion in 2021, but it incurred foregone revenues on pork tariff cuts, the Department of Finance (DOF) said.
Citing reports from the Bureau of...
The Philippine government was told to stop the flooding of pork imports which has been negatively affecting the local hog sector.
During the ‘Halalan 2022 Para sa Agrikultura’ virtual forum hosted by the Philippine Chamber of Agriculture and Food Inc. (PCAFI), Senator Francis Pangilinan and...
The delayed implementation of the reduced tariff on pork importation and higher import cap is slowing down the pace of food price reduction, the Department of Finance (DOF) said.
Finance Undersecretary Gil S. Beltran said the nearly three-month delayed application of Executive Order No. 128...
Senator Francis Pangilinan on Sunday, July 18 expressed dismay that pork prices remain high despite the lower tariff on imports, saying the government should restore to its original 20 to 30 percent levels to help hog raisers recover from the African swine fever.
“It’s been three months...
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,...
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 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...
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...
Senator Francis "Kiko" Pangilinan on Friday, May 7, attributed to the vigilance of stakeholders the government's decision to revise its pork importation policy.
Senator Francis Pangilinan (Senate of the Philippines/MANILA BULLETIN File Photo)
“Tagumpay ito ng ating sama-sama at tulong-tulong...
After weeks of disagreement on pork imports, the Senate and the President’s economic team, led by Finance Secretary Carlos Dominguez III, decided to lower the import tariff cut proposed under Executive Order (EO) 128 and adjust the volume of pork imports allowed to enter the Philippines under...
Despite a 12-month tariff cut imposed on pork, a group of local meat importers began lobbying for a much longer period wherein the pork import tariff rate is kept at 15 percent from the original 40 percent until 2025.
A customer pays for pork at a roadside market stall in Mandaluyong City,...
