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Latest surveys are results of inflationary sugar cartel
High prices clobbered 72 percent of Filipinos in December. Inflation strained them worse than low wages, 40 percent; joblessness, 28 percent and poverty, 25 percent, Pulse Asia’s survey shows......»»
Philippines bans bird imports from Australia over bird flu outbreak
Philippines has banned the import of birds from Australia, which is battling a bird flu outbreak, the government announced Saturday......»»
Philippines gross int l reserves rise to 104.48 bln USD in May
MANILA, June 7 (Xinhua) -- The Philippines' gross international reserves (GIR) rose to 104.48 billion U.S. dollars at the end of May from 102.65 billion dollars at the end of April, the Philippine central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments of se.....»»
Philippines gross int l reserves rise to 104.48 bln USD in May
MANILA, June 7 (Xinhua) -- The Philippines' gross international reserves (GIR) rose to 104.48 billion U.S. dollars at the end of May from 102.65 billion dollars at the end of April, the Philippine central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments of se.....»»
Height matters
Dwight Howard is ecstatic. The one-time NBA champion and multiple All-Star expressed delight upon hearing that the PBA is mulling removing the height restriction on imports for the upcoming season......»»
PBA removes import height limit for Commissioner s Cup
There will be no height restrictions for next season’s PBA Commissioner’s Cup, commissioner Willie Marcial said, which is expected to bring in an influx of taller imports to the league......»»
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......»»
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......»»
DA: Lower tariffs to slash rice prices by P5
Rice prices could go down by as much as P5 per kilo if tariffs on rice imports would be further reduced, according to government estimates......»»
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......»»
Ban on onion imports extended until July
The Philippines has extended the ban on the importation of onions until July to prevent a glut in local supplies following historic production levels, according to the Department of Agriculture......»»
DA backs early rice tariff collection certification
The Department of Agriculture is supporting the proposed earlier certification of tariffs collected from rice imports to fast-track the rollout of programs aimed at aiding farmers such as cash assistance......»»
Trade gap lowest in nearly 3 years
The country posted its lowest trade gap in nearly three years in March as both exports and imports declined, according to the Philippine Statistics Authority......»»
Philippines gross int l reserves level settles at 103.4 bln USD in April
MANILA, May 7 (Xinhua) -- The Philippines' gross international reserves (GIR) decreased to 103.4 billion U.S. dollars at the end of April from 104.1 billion dollars at the end of March, the Philippine central bank said Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments.....»»
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......»»
CA ruling stops imports of Bt talong, golden rice
The importation of regulated genetically modified organisms (GMO) except for Bt talong and golden rice would continue as they are not covered by the recent decision of the Court of Appeals, according to the Department of Agriculture......»»
‘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......»»
NEDA cuts PHL additional rice import for 2016 by 25%
By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government will reduce by roughly one-fourth its planned additional volume of rice imports for the first semester of 2016 meant to boost........»»
Trade deficit narrows in February
The Philippines posted its narrowest trade deficit in five months in February as exports grew at a faster pace than imports, according to the Philippine Statistics Authority......»»
Wheat imports seen to rise on higher bread demand
It’s a quarter before seven in the morning. A queue starts to form in front of RJS bakery in Barangay Barangka Drive in Mandaluyong City......»»