The Department of Finance (DOF) is "strongly objecting" to the appeals for President Duterte to recall his executive order (EO) that reduced the tariffs of imported rice, saying its benefits would outweigh the revenues that the government will lose. (Mark Balmores/MANILA BULLETIN File Photo) The...
The Department of Trade and Industry (DTI) is hopeful that the Tariff Commission will still appreciate its data and evidence presented on the imposition of safeguard duty on imported cars and light commercial vehicles to protect the domestic motor vehicle manufacturing sector and save jobs. Trade...
There is no surge in importation of both passenger cars and light commercial vehicles (LCVs) into the country and the increase in the volume of importation cannot be considered “recent, sudden, sharp, and significant,” according to the Tariff Commission Staff Report. The report is a...
Senator Cyntha Villar on Wednesday, June 9, took exception to claims of farmers' groups that she ignored the calls for action on President Duterte's Executive Order (EO) No. 135, which reduced the tariffs on imported rice. Senator Cynthia Villar, chairperson of the Senate agriculture and food...
The government intends to halt rice importation during the local harvest season to help protect farmers, according to a Palace official. (File photo/Keith Bacongco/Manila Bulletin) Presidential spokesman Harry Roque explained that rice importation will only be carried out after the domestic harvest...
The government wanted to shore up the country's supply of rice given the threat posed by climate change when it reduced import tariffs on the staple food. (Manila Bulletin file photo by Keith Bacongco) Presidential spokesman Harry Roque defended the President Duterte's decision to lower the tariff...
The country's tariff rates on imported rice and pork products will be adjusted for a year in a bid to boost food supply and keep prices affordable, Malacañang announced Saturday. President Rodrigo Duterte skims through a document as he presides over a meeting with the Inter-Agency Task Force on...
Senators and government economic managers have finally reached a compromise on the adjustment of tariff rates and volume for the importation of pork. Senate President Vicente 'Tito' Sotto III "Compromised reached!" Senate President Vicente Sotto III told reporters Wednesday, May 5, citing a "seesaw...
Senator Cynthia A. Villar on Tuesday, April 27, sought a Senate-Malacañang compromise on a controversial presidential order increasing a minimum access value (MAV) of and reducing tariff rates on pork imports. Senator Cynthia Villar during the hybrid hearing of the Senate Committee of the Whole on...
Finance Secretary Carlos Dominguez on Tuesday, April 27, defended their recommendation to President Duterte to sign Executive Order 128, which reduces tariff on the importation of pork products. (MANILA BULLETIN File photo/Keith Bacongco) In a virtual presence during a public hearing by the Senate...
On condition for a reduced tariff rate proposal, the Clark Development Corporation (CDC) has finally agreed to give Clark Water Corporation (CWC) the notice to proceed with its compliance action plan (CAP). This, after the CWC, a subsidiary of Manila Water Company, Inc., agreed to CDC’s...
The Philippine government will no longer extend the price ceiling on pork and chicken in Metro Manila, but will impose a price cap or suggested retail price (SRP) on imported pork only starting Friday, April 9. Agriculture Secretary William Dar announced during Wednesday, April 7 virtual briefing,...
