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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: philstar philstarApr 15th, 2021

NEDA: Higher pork imports, lower tariffs to suppress meat inflation spike

The National Economic and Development Authority (NEDA) reiterated the need for higher pork imports along with the lower tariffs for the same as it could quickly temper the spike in meat prices. Citing data from the Philippine Statistics Authority, the agency said that the 57.7 percent inflation in pork remained as the top contributor for […] The post NEDA: Higher pork imports, lower tariffs to suppress meat inflation spike appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsMay 6th, 2021

Marcos rejects pork imports

Senator Imee Marcos warned that importation might kill the local pork industry faster than African Swine Fever as she asked the Department of Agriculture to start its probe of the hoarding of pork products......»»

Category: newsSource:  thestandardRelated NewsFeb 6th, 2021

Factory output posts huge rebound in April

Manufacturing activity recovered from a slump, posting a big hike in April as a majority of industry groups recorded gains, the Philippine Statistics Authority said......»»

Category: financeSource:  philstarRelated NewsJun 8th, 2021

More imports, tariff cuts to temper inflation – NEDA

The government’s decision to reduce tariffs and bring in more imported pork are expected to temper the continued rise in consumer prices......»»

Category: financeSource:  philstarRelated NewsJun 6th, 2021

Crossing borders to make the world safer and cleaner

Long before the pandemic started, Philippine-brand Hygienix has already built a solid following and reputation for their innovative and effective health and hygiene products: the Hygienix Germicidal Soap, Hygienix Germ Kill Alcohol, Hygienix Hand Gels and Hygienix Hand Sprays. Manufactured by Splash Corporation, one of the most formidable players in the Philippine personal care industry […] The post Crossing borders to make the world safer and cleaner appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsMay 8th, 2021

Agriculture groups ask Duterte to stop MAV hike

Various agriculture associations have banded together to appeal to President Duterte to reject the Department of Agriculture‘s plan to increase the minimum access volume and reduce tariffs on pork, saying such measures will negatively impact the industry......»»

Category: financeSource:  philstarRelated NewsApr 7th, 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

Stakeholders cast doubts on petitioners vs car imports

Stakeholders yesterday questioned whether labor group Philippine Metalworkers Alliance, which petitioned the imposition of safeguard measure on motor vehicle imports, can represent the domestic industry as the Tariff Commission is undertaking its probe to determine if the provisional duty should be made definitive......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2021

Duterte asked to allow duty-free pork imports to ease meat shortage

The Philippine Association of Meat Processors Inc. on Tuesday asked President Rodrigo Duterte to authorize the importation of pork at zero tariff to immediately address the shortage of meat in the country......»»

Category: financeSource:  thestandardRelated NewsJan 27th, 2021

Rice farmers seek bigger financial aid

The one-time financial assistance that the Senate directed the Department of Agriculture (DA) to provide to rice farmers amid the declining prices of palay would not be enough, a group of rice farmers said. (MB file, Keith Bacongco) Federation of Free Farmers (FFF) National Manager Raul Montemayor said rice farmers have lost an average of P10,000 per hectare in the ongoing cropping season due to severely depressed palay prices.   This was his response to the joint resolution recently passed by the Senate Committees on Agriculture and Agrarian Reform, which ordered the DA to appropriate some P3 billion in tariffs from rice imports through the 2021 national budget for cash aid to rice farmers. Under the Rice Tariffication Law (RTL), which allowed unlimited rice importation in the Philippines, tariff collections in excess of P10 billion per year can be used for additional support to farmers, including cash transfers. FFF, however, noted that the proposed appropriation would only provide P5,000 per farmer if distributed to some 600,000 farmers tilling one hectare or less.   If the actual number of qualified farmers is raised to 1.1 million, the subsidy would only amount to about P2,700 per farmer. Either proposal will be unfair to equally affected rice farmers tilling larger areas, the farmers’ group said.   Instead, Montemayor said the government could keep palay prices stable by temporarily imposing safeguard duties or additional tariffs on imported rice. “The government allowed unlimited rice imports, resulting in low palay prices.  Now, it will spend P3 billion to partially offset farmers’ losses. If it had instead imposed additional duties on imports, palay prices would not have dropped too much, there would have been no need for cash aid to farmers, and the government might have even earned extra revenues from the safeguard duties,” said Montemayor. Under the Section 10 of RTL or Republic Act (RA) 11203, in order to protect the Philippine rice industry from sudden or extreme price fluctuations, a special safeguard duty on rice shall be imposed in accordance with Safeguard Measures Act.   R.A. 8800 or the Safeguard Measures Act, on the other hand, allows additional safeguard duties on top of regular tariffs in case an import surge is shown to be harmful to local farmers.   “Safeguard duties will not be inflationary as claimed by the DA, because they will be applied only when there is already a proven oversupply in the market.  They can be removed once the situation stabilizes,” said Montemayor. Agriculture Secretary William Dar is not keen on slapping additional tariff on rice imports, and has repeatedly appealed for public understanding about the “short-term” effects of RTL to palay prices. However, he promised to look for other solutions to the plea of the farmers like asking the National Food Authority (NFA), which buys palay at P19 per kilogram (/kg) to boost the government’s buffer stock, to intensify its palay procurement.   Instead of cash aid, the FFF proposed that existing funds from the Rice Competitiveness Enhancement Fund (RCEF) and extra tariff collections be re-focused to address current problems of farmers.   It noted that half of farmers receiving free seeds under the RCEF had already been using certified seeds in the past, and that many were seeking other types of support that were not available under RCEF.   Numerous farmers have also questioned the DA’s promotion of seed varieties like NSIC Rc222, which is of poor quality and are being shunned by traders. “Also, the P5 billion annual fund for mechanization is not moving well, and it might be more practical at this time to preserve job opportunities for farm laborers instead of displacing them with machines,” Montemayor said.   “Moreover, the P1 billion budget for extension and training could be realigned, considering that farmers cannot attend training activities due to COVID-related restrictions. The P1 billion for credit could be better used for interest rate subsidies or loan guarantee programs, instead of direct loans which will benefit only 20,000 farmers,” he added......»»

Category: lifestyleSource:  abscbnRelated NewsOct 19th, 2020

PH not benefiting Taiwan’s southbound policy – Yujuico

The Philippine Chamber of Commerce and Industry (PCCI), the largest business organization in the country, has urged Taiwan to invest more in the Philippines, stressing the country has not benefitted from its “New Southbound Policy”. PCCI President Benedicto V. Yujuico raised this during a recent meeting with Taiwan Ambassador Michael Peiyung Hsu. Yujuico noted that only 3 percent of Taiwan’s outbound investments have been directed to the Philippines as Taiwanese investors prefer locating in Vietnam and Indonesia. Aside from investments, Yujuico also called Taiwan’s attention on the balance of trade between the two countries, which is heavily tilting in favor of Taiwan. As such, the PCCI leader has urged the ambassador to improve the balance of trade between the Philippines and Taiwan. In 2019, Philippines imports from Taiwan reached $4.7 billion while exports were valued at less than half of imports or $2.2 billion only.  Philippine exports to Taiwan consist mainly of semiconductor and electronic products, chemicals, machinery and transport equipment and other manufactures. He urged Taiwan to reconsider and allow the entry of Philippine fresh fruits, initially young coconuts and mangoes. “We had the good opportunity to talk to Ambassador Hsu where we elevated our concerns on the current ban of our fruit exports to Taiwan because of sanitary and phytosanitary standards,” Yujuico said. The Philippines exported young coconuts and mangoes to Taiwan 40 years ago.  These were banned after some time because of the kadang-kadang infestation on young coconuts and fruit flies on mangoes.  However, Roberto Amores, Director for Agriculture of PCCI said, “The necessary measures have been addressed by the Philippine government – kadang-kadang infestation is now confined in a few regions.  Young coconuts produced in kadang-kadang free regions are in fact now exported to Japan, South Korea and China, among others.” Earlier this year, the Taipei Economic and Cultural Office (TECO), citing information from Bureau of Animal and Plant Health Inspection and Quarantine (BAPHIQ) Council of Agriculture of Taiwan, wrote PCCI that the ban on Philippine young coconuts and fresh mangoes was apparently due to the failure of Philippine government to submit the pest risk analysis (PRA) results on these two commodities since 2010. The Department of Agriculture’s (DA) Bureau of Plant Industries (BPI) however claimed it had communicated through the Manila Economic and Cultural Office (MECO) the status of mangoes as an export commodity to Taiwan and requested for additional information for the PRA on coconut.   Yujuico and Amores said PCCI will continue to pursue this matter with the BPI and MECO to be more proactive in responding to the requirements of the BAPHIQ. Meanwhile, Yujuico welcomed the offer by the Taiwan government for modern technology exchanges for the agriculture sector and scholarship grants for undergraduate and graduate courses......»»

Category: lifestyleSource:  abscbnRelated NewsOct 18th, 2020

Phl bans pork imports from Germany

The Philippine government has imposed again a temporary ban on the importation of domestic and wild pigs, pork products, and by-products from Germany due to a reported outbreak of African swine fever (ASF) in the European nation. In a memorandum order released to the media, Agriculture Secretary William Dar said the processing and evaluation of […] The post Phl bans pork imports from Germany appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsSep 13th, 2020

PNP to observe maximum tolerance for SONA protesters

"Let's just learn to respect each other and I assure you we won't have any problems... In the past five SONAs of our President Duterte, your Philippine National Police has demonstrated well its respect for the right of our countrymen to hold protest actions to express their views," Eleazar said......»»

Category: newsSource:  philstarRelated News1 hr. 22 min. ago

DTI still reviewing price hikes for basic goods

The Department of Trade and Industry has clarified that it is still reviewing requests for price hikes of basic goods and assured the public that any increase won’t go beyond five percent of current price......»»

Category: newsSource:  philstarRelated NewsJul 22nd, 2021

Milwaukee Bucks are 2021 NBA champs

Milwaukee–Giannis Antetokounmpo scored 50 points in an astounding all-around performance and the Milwaukee Bucks captured their first NBA title since 1971 by defeating the Phoenix Suns 105-98 on Tuesday (Wednesday morning, July 21, 2021, Philippine time). The Bucks won the best-of-seven NBA Finals by four games to two, becoming only the fifth team to claim […] The post Milwaukee Bucks are 2021 NBA champs appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 21st, 2021

Fossil gas industry’s rapid development to lower Philippine self-sufficiency

The rapid development of the Philippine mid-stream fossil gas industry is seen to lower the country’s self-sufficiency and threaten the stability of electricity costs and availability, according to a sustainable development think tank......»»

Category: financeSource:  philstarRelated NewsJul 19th, 2021

PCA to ramp up training of workforce

The Philippine Constructors Association is ramping up efforts to train and future-proof the workforce in the construction industry as the sector faces a shortage in skilled personnel......»»

Category: newsSource:  philstarRelated NewsJul 19th, 2021

Bolts won t be carried away by win over Beermen

For Meralco, playing a powerhouse team like San Miguel Beer this early is much better than meeting it later in the PBA Philippine Cup......»»

Category: sportsSource:  thestandardRelated NewsJul 19th, 2021

Full text: Election 2022 Pledge for Journalists and Media Organizations

A pledge written by Philippine journalists is calling on the news industry to commit to a fact-based coverage of the 2022 elections......»»

Category: newsSource:  philstarRelated NewsJul 17th, 2021

Philippine pork production seen falling 40% to pre-ASF level

Despite a projected increase in global pork production this year, the Philippines’ pork output is seen to decline nearly 40 percent than its production prior to African swine fever, according to the United States Department of Agriculture......»»

Category: financeSource:  philstarRelated NewsJul 14th, 2021