President Marcos has issued Executive Order (EO) No. 105, which maintains the 15 percent tariff rate on imported rice until the end of 2025 and introduces a mechanism to adjust rates based on international market prices starting next year. The EO, signed by Executive Secretary Lucas Bersamin on...
Senator Francis “Kiko” Pangilinan on Sunday, October 12 called on the administration to issue an executive order (EO) to establish a floor price for palay (unmilled rice). Pangilinan said this measure would apply to all government purchases and align with the full implementation of the Sagip...
President Marcos has issued Executive Order (EO) No. 93 that suspends the importation of regular and well-milled rice for 60 days. It shall take effect from Sept. 1 until Oct. 30 this year. Under EO 93 dated Aug. 29, Marcos said the suspension of the importation of regular and well-milled rice was...
Malacañang assured the public that the country’s rice supply remains sufficient even with the 60-day suspension of imports starting next month, citing local harvests and stronger government monitoring. Communications Undersecretary Claire Castro said this ahead of the start of the two-month...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel said the upcoming 60-day suspension on rice imports could be shortened or extended, depending on potential market shifts. In a statement, Tiu Laurel said the government will closely monitor price movements and the outcome of the harvest...
The United States Department of Agriculture (USDA) has downgraded its projection of the Philippines’ rice imports this year by 500,000 metric tons (MT) due to the 60-day import ban that will come into effect beginning next month. In its report on the global grains trade, the USDA’s Foreign...
The government will not extend the 60-day suspension of rice imports, which forms part of an ongoing effort to address challenges faced by farmers, once the deadline expires in October. Finance Secretary Ralph Recto said on Monday, Aug. 11, that the import pause will unlikely be extended given that...
President Marcos has ordered a 60-day suspension of all rice importation starting Sept. 1 to shield local farmers from falling palay prices during the ongoing harvest season, the Presidential Communications Office (PCO) announced. The President announced the move after consultations with key...
Malacañang disclosed that the Department of Agriculture (DA) has recommended to increase tariffs on imported rice and to temporarily halt rice importation. Presidential Communications Office (PCO) Secretary Dave Gomez said this on Monday, Aug. 4, saying it aims to protect Filipino farmers. He...
The Philippines, the world ’s top rice importer, is expected to purchase a record-high volume of rice in the upcoming marketing year (MY), as the country sees continued growth in consumption, according to the United States Department of Agriculture (USDA). In its latest “Grain: World Markets...
The Philippines is expected to see a decline in rice imports in the upcoming marketing year due to a projected increase in rice production, according to the United States Department of Agriculture (USDA). In a report dated March 28, the USDA’s Foreign Agricultural Service (FAS) in Manila...
The amount of rice brought into the country reached 322,770 metric tons in February this year, higher by 109 percent compared to last year, the Philippine Statistics Authority (PSA) said. Based on the PSA report, the value of rice brought into the country reached $160.09 million during the month....
