Advertisements


Consumers seen saving P61.5 billion from pork imports

Filipino consumers are expected to save some P61.5 billion if more pork imports at lower tariffs will be available......»»

Category: financeSource: philstar philstarApr 19th, 2021

Pork imports will placate only Metro Manilans, but ruin others

Officials intend to flood Metro Manila with imported pork for a year. Such populism will please consumers in the capital short term......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2021

‘Pork shortage looms due to ASF, coronavirus’

Consumers should brace for a possible shortfall in pork as African swine fever continues to spread and meat imports decline amid global trade disruption due to the coronavirus disease-2019......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2020

Allowing more pork imports to leave local hog raisers bankrupt – agri groups

A bill seeking to nullify President Rodrigo Duterte's order to lift the cap on pork imports has earned the nod of various agricultural groups. The post Allowing more pork imports to leave local hog raisers bankrupt – agri groups appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated News11 hr. 8 min. ago

House bill makes government pork industry middleman

The government must buy at high cost and sell at low prices in order to protect the local hog industry from possible collapse while keeping pork products affordable to consumers, an economist-lawmaker said......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2021

NTF-ELCAC’s P19-B budget: Pork amid the pandemic?

Little did the NTF-ELCAC spokesperson know that her challenge to Non would backfire quicker than her red-tagging spurts on social media. The task force immediately became the center of scrutiny, as its P19.1-billion programmed allocation in the 2021 budget starkly contrasts the image of hungry Filipinos lining up at community pantries. The post NTF-ELCAC’s P19-B budget: Pork amid the pandemic? appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 28th, 2021

‘Pork cartel stands to make up to P60 billion from MAV hike’

Only a cartel of pork importers would profit by as much as P60 billion from the Duterte administration’s move to lower pork prices by raising minimum access volume and lowering tariffs on importation, senators and experts warned yesterday......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2021

Senators clash with Duterte s economic team over pork

Senators want a compromise of higher pork imports with just the same tariff treatment. But the government is not balking......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2021

Lower tariffs, higher MAV to bring equilibrium pork prices

With meat prices jacking up food inflation in the country, Finance Secretary Carlos Dominguez III defended the move to lower import tariffs for pork while increasing its minimum access volume or MAV. Dominguez explained that while the lower import duties for pork could bring forth an income loss of P13.68 billion for the state, such […] The post Lower tariffs, higher MAV to bring equilibrium pork prices appeared first on Daily Tribune......»»

Category: lifestyleSource:  abscbnRelated NewsApr 27th, 2021

Duterte stands by EO lowering pork tariffs

President Duterte stood by his decision to lower the tariff on pork imports, saying it is just a temporary measure to address rising prices......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2021

Dominguez, economic cluster still bat for EO on pork imports

Facing a strong backlash from Congress against moves to import more pork at lower tariff rates, Finance Secretary Carlos Dominguez III urged lawmakers to support these measures as a temporary solution to address the scarcity and the resulting high prices for the commodity......»»

Category: newsSource:  thestandardRelated NewsApr 20th, 2021

Sotto to DA: Unmask pork import mastermind

Senate President Vicente Sotto III pressed yesterday Agriculture Secretary William Dar to identify the brains behind the government’s move to lower pork tariffs and allow millions of kilos of meat imports to flood the country......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2021

NEDA: Hike in pork imports won’t kill Philippine hog industry

The National Economic and Development Authority has given assurance that the decision of President Duterte to increase the volume of imported pork and decrease tariff rates will not kill the local hog industry, but instead ensure adequate and affordable food supply and prevent higher malnutrition and poverty......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2021

Lawmakers oppose moves to increase pork imports

Lawmakers are currently seeking to junk President Rodrigo Duterte’s earlier order to allow more pork imports as prices continue to increase, saying the move will be at the expense of local hog raisers who are in need of assistance. The post Lawmakers oppose moves to increase pork imports appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 2021

Higher pork, chicken imports seen this year

The Philippines is expected to double the volume of pork imports from the global market this year amid a shortfall in supply due to the African swine fever, as well as the adjustments to the country’s tariff rate system......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2021

Government owes P1.2 billion to RE developers under FIT

Unpaid billings to renewable energy developers under the feed-in tariff system has reached over P1.2 billion as state-run National Transmission Corp. has not yet secured regulatory approval to raise FIT-allowance collection from consumers......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2021

Duterte approves lower tariff on pork imports

President Duterte has approved the proposal to slash tariff rates on pork imports to as low as five percent in response to the pork supply shortage that led to soaring prices......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2021

‘Increase in imports will seal death of dying hog industry’

The planned increase in pork imports to supposedly address the crisis brought by the African swine fever will bring death to the already dying industry, a farmers’ group said. The post ‘Increase in imports will seal death of dying hog industry’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 6th, 2021

Napocor seeks to recover P7 billion from consumers

The National Power Corp. is seeking to recover over P7 billion from nationwide consumers to cover for subsidies used in providing power in off-grid areas in 2019......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2021

MAV increase not enough to stabilize prices – MITA

Meat importers said the recommendation of President Duterte to increase the minimum access volume of pork imports is not enough to stabilize market prices......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2021

Higher tariff on pork imports put on hold

The proposal of the Samahang Industriya ng Agrikultura to increase tariff on pork imports has been put on hold by the Tariff Commission until the petition of the Department of Agriculture has been resolved......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2021