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EDITORIAL — More rice importation

With rice prices refusing to go down and even likely to further increase in the coming months, President Marcos will soon issue an executive order reducing the tariff on rice imports from 35 percent to just 15 percent until the end of his term in 2028. This comes on the heels of the final approval by the House of Representatives of a bill that seeks to restore the power of the National Food Authority to import rice during emergency situations......»»

Category: newsSource:  philstarRelated NewsJun 4th, 2024

CeMAP lauds suspension of ‘unfair’ cement import

The Department of Trade and Industry is clamping down on non-compliant cement importers as it seeks to curb the proliferation of substandard cement products in the local market......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024

TWG formed for eased agricultural import barriers

A technical working group (TWG) has been formed following President Marcos’ April 18 order to remove non-tariff barriers on agricultural imports......»»

Category: newsSource:  philstarRelated NewsJun 3rd, 2024

Thirdy gains B. League honors

The first Filipino import in Japan B. League is now the first-ever Asia Player of the Year......»»

Category: sportsSource:  philstarRelated NewsJun 2nd, 2024

FFCCCII backs further lowering of rice tariffs

The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is supporting a proposal to further reduce the import duties slapped on rice to help bring down the prices of the staple......»»

Category: financeSource:  philstarRelated NewsMay 31st, 2024

Millers buck sugar import proposal

There is no need for sugar importation since the country has ample stocks of sweetener to tide it over during the off-milling season, according to the Philippine Sugar Millers Association......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

DTI monitoring import surge amid RCEP effectivity

The government is closely monitoring imports to detect if there are any surges following the implementation of the mega trade deal Regional Comprehensive Economic Partnership agreement, the Department of Trade and Industry said......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

Keeping the price of rice reasonable and steady

The government decided to propose that the National Food Authority be given the right to import rice and to maintain a buffer stock to assure that the price of rice can be kept more stable......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

Chris McCullough returns to PH, commits to Strong Group for 2024 Jones Cup

Even after failing to attract Gilas' attention for a possible naturalization, former San Miguel import Chris McCullough returns to the Philippines to play Strong Group Athletics in the Jones Cup in July.....»»

Category: newsSource:  rapplerRelated NewsMay 28th, 2024

Abando parts ways with Red Boosters

After two seasons, Filipino import Rhenz Abando parted ways with the Anyang Jung Kwan Jang Red Boosters, his mother club in the Korean Basketball League......»»

Category: sportsSource:  philstarRelated NewsMay 24th, 2024

Abando leaves Korean Basketball League squad

High-flying Filipino import Rhenz Abando has bid his Korean Basketball League (KBL) team, the Anyang Jung Kwan Jang Red Boosters, goodbye after two years......»»

Category: sportsSource:  philstarRelated NewsMay 23rd, 2024

NEDA supports stronger NFA role

The National Economic and Development Authority is supporting a stronger role for the National Food Authority in buffer stocking by being allowed to import rice during emergency situations......»»

Category: financeSource:  philstarRelated NewsMay 23rd, 2024

House OKs bill restoring NFA power to import rice

Administration lawmakers approved on third and final reading on Tuesday the measure amending provisions of the Rice Tariffication Law in the hope of substantially bringing down the price of rice in the retail market......»»

Category: newsSource:  philstarRelated NewsMay 22nd, 2024

POGO politics

If the maritime dispute between the Philippines and China wasn’t heating up, Alice Leal Guo would have likely remained under the government radar, free to indulge her fondness for McLaren 620R supercars with personalized license plates (local price tag as of 2020: P33 million, plus an estimated P16.8 million in import duties) and to set up more companies......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

EDITORIAL - Restoring NFA powers

Amid sustained high rice prices, the House of Representatives has approved a bill that restores the authority of the National Food Authority to import rice and sell this in the market during a food security emergency......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

FEF bucks proposal to restore NFA power

The Foundation for Economic Freedom is opposing the proposal to bring back the power of the National Food Authority to import and sell rice to consumers, saying this would reverse the gains from the reforms in the country’s rice policy......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

200,000-MT sugar importation needed to prevent shortage – group

A producers’ group yesterday underscored the need to import 200,000 metric tons (MT) of sugar to prevent shortage in supply as it confirmed that sugarcane plantations in Negros have been severely damaged by El Niño......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Local retailers seek removal of de minimis value in imports

The Philippine Retailers Association has urged policymakers to reevaluate and remove the de minimis value in import goods, particularly concerning online retail purchases......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Fish import suspension bodes well for aquaculture

The suspension of the importation of certain pelagic fishes to avert diversion of stocks to wet markets would allow the local aquaculture industry to grow, fish cage operators said......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Zamboanga Valientes eye Dwight Howard as import for Asian tilt

The Zamboanga Valientes are going to put up a gallant stand when The Asian Tournament kicks off in China on April 19......»»

Category: sportsSource:  philstarRelated NewsApr 15th, 2024