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Government OKs higher 60,000 MT potato imports at lower tariff

The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»

Category: financeSource: philstar philstarFeb 15th, 2024

‘Pork prices to go up as DA limits imports’

Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Nutritionist suggests eating bananas, corn, sweet potato

Nutritionist suggests eating bananas, corn, sweet potato.....»»

Category: newsSource:  sunstarRelated NewsApr 17th, 2024

Meat imports up 3 percent in Q1

The country’s meat imports grew by three percent to over 270,000 metric tons in the first quarter on the back of higher pork purchases, latest government data showed......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Philippines’ estimated rice imports rise by 100,000 MT — USDA

In a data report released on Friday, the USDA has increased its estimates for Philippine rice imports in 2024 to 3.9 million MT, higher than the 3.8 MT million forecast last January. .....»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

2024 rice imports hit 570,000 MT

The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Recto bats for tax, tariff relief for hybrids

Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Boracay logs lower tourist arrivals during Holy Week

More than 13,000 tourists arrived on Thursday on Boracay Island in Malay, Aklan, which was lower compared to the P16,000 arrivals recorded on the same day last year, according to the municipal government......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Rice imports as of mid-March 886,963 MT

The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Philippines gets 25,000 MT US sugar allocation

Washington has given Manila the green light to export 25,300 metric tons raw value of raw sugar to the US at lower tariff rates, the US Trade Representative announced recently......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Mandaue council oks new traffic scheme

Mandaue council oks new traffic scheme.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles

Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

No sugar MAV this year – SRA

The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

‘AO 20 necessary for food security’

The newly issued administrative order seeking to remove non-tariff barriers on agricultural imports is a necessary measure for food security, the National Economic and Development Authority said yesterday amid concerns raised by stakeholders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

‘Imports, SRA made future worse for RHI unit’

Sugar and ethanol producer Roxas Holdings Inc. (RHI) took a major hit as increased imports and an alleged instruction from the government to stop refining led to the closure of its wholly owned subsidiary......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

ADB OKs $400,000 assistance to Philippines for offshore wind projects

The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

50,000 cops nationwide, including 2,100 from Central Visayas, promoted to higher positions

50,000 cops nationwide, including 2,100 from Central Visayas, promoted to higher positions.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

Salt imports decline as local output improves

The country’s salt imports decreased to 84 percent of total requirements last year from 90 percent in 2022 as local production improved, a ranking official of the Bureau of Fisheries and Aquatic Resources said......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Fertilizer imports hit 3-year high in 2023

Fertilizer imports last year expanded by almost a fifth to a three-year high of over 2.5 million metric tons as global prices of the farm input declined at a double-digit pace......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Keeping Magnolia at Bey

The theory is if the opposing imports cancel each other out, then the locals will decide the outcome of the PBA Commissioner’s Cup Finals. But what if the imports don’t perform as expected, can the locals carry the load?.....»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024