Agriculture dep't backtracks, won't raise tariff on imported rice

Agriculture Secretary William Dar, in a briefing on Tuesday about the Rice Competitiveness Enhancement Fund, said Cabinet members thumbed down the idea to at least double the duties on rice imports.

Earlier, the DA said in a statement it will release by the end of September or October an order raising duties on rice from Southeast Asian countries to 75 percent from the current 35 percent while tariff on rice from other countries will be increased to 100 percent from 50 percent. These agencies are the Philippine Rice Research Institute , Philippine Center for Postharvest Development and Mechanization the Agricultural Training Institute , the Technical Education and Skills Development Authority , Development Bank of the Philippines and Land Bank of the Philippines .

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solon slams ‘senseless’ rice subsidy for rice farmersThe government's rice subsidy program for rice farmers makes zero sense to Negros Oriental 2nd district representative Manuel Sagarbarria. Subsidy should be done in such a way to reduce their farming expenses - murang binhi, fertilizer, insecticide. Hindi mo sila bibigyan ng bigas, magiging ala 4Ps yan - tatamarin na rin sila magtamin pag nangyari yon. Aasa na lang sila sa subsidy na bigas/palay.
Source: manilabulletin - 🏆 25. / 51 Read more »

Rice farmers find relief in digital economy as prices fall
Source: ABSCBNNews - 🏆 5. / 83 Read more »

PH to import less wheat, corn due to ASF – USDAThe Philippines’ total grain imports, including wheat and corn, are expected to decline in the next market year, with African swine fever (ASF) dampening the demand for livestock feed.
Source: manilabulletin - 🏆 25. / 51 Read more »

Facebook's Marcus says Libra won't be controlled by a single company
Source: ABSCBNNews - 🏆 5. / 83 Read more »

BOC’s post-clearance audit expected to increase government revenueTo generate additional revenues in favor of the government, the Bureau of Customs (BOC) has been actively conducting post-clearance audit on imports and goods. Another big lie!
Source: manilabulletin - 🏆 25. / 51 Read more »

Signing of ‘Sagip Saka’ IRR sets efforts to raise farmers, fisherfolks income in motionOpposition Senator Francis N. Pangilinan said Monday the Department of Agriculture now has the framework to effectively raise the incomes of farmers and fisherfolk following the signing of the implementing rules and regulations (IRR) of the Sagip Saka Act.
Source: manilabulletin - 🏆 25. / 51 Read more »