THE Department of Agriculture (DA) has lifted the temporary ban on imports of poultry products from Hungary, which is now free from Highly Pathogenic Avian Influenza (HPAI) or bird flu. “In accordance with the provisions of the World Organisation for Animal Health Terrestrial Animal Health Code, Hungary is now free from HPAI,” according to the […]
Tag: imports
July trade deficit widens to record $5.9 billion
The demand for locally made products contracted for the first time in over a year in July while imports eased, bringing the trade deficit widening to another record, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the agency showed the value of outbound shipment of goods amounted to $6.212 billion in July, […]
Protecting domestic industries against dumping
THE controversy surrounding the importation of sugar amid soaring prices and a looming supply shortage has hogged the headlines these past two weeks. It has all the elements of high drama with characters from the top echelons of government getting embroiled in a series of plot twists and turns. But the sugar industry is not […]
Rice tariffication law should stay to ensure food security, Finance chief says
FINANCE Secretary Benjamin Diokno said he will officially recommend to President Ferdinand “Bongbong” Marcos Jr. to continue the implementation of the Rice Tariffication Law (RTL), in light of the President’s earlier pronouncements to amend or suspend the law.The measure, enacted as Republic Act 11203 on February 14, 2019, lifted the quantitative restriction on rice imports […]
Fisherfolk call for suspension of closed fishing season policy in typhoon-affected provinces
PHILIPPINE COAST GUARD FACEBOOK PAGE AN ORGANIZATION of small fishermen has expressed its opposition to importing fish for typhoon-hit areas, calling instead for aid to restore its members’ livelihoods and the lifting of an order imposing a closed fishing season on key fishing grounds. The Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (PAMALAKAYA) said in […]
Fish imports approved to fill supply gap in typhoon zone
THE Department of Agriculture (DA) said it approved a plan to import 11,015 metric tons (MT) of frozen fish for wet markets in typhoon-hit areas to ensure adequate supply. In a statement, the DA said on Monday that the imports will be distributed to the parts of the Visayas and Mindanao affected by Typhoon Odette […]
BOC collects P3.3B revenues from pork imports under reduced tariff, increased MAV system
THE Bureau of Customs (BOC) has so far collected P3.3 billion from swine meat imports and estimates foregone revenues of P3.6 billion as of December 10, 2021 under the reduced tari…
BoC collections from pork imports P3.3B under lowered tariffs
THE Bureau of Customs (BoC) said it has collected P3.3 billion in revenue from pork imports after the government cut tariffs on the commodity to stabilize pork prices. Pork import volume was 214 million kilograms between April 7 and Dec. 10, or since President Rodrigo R. Duterte’s orders to lower pork import tariffs took effect, […]
Agri dep’t says meat, hog industries will have their say in final MAV policy
THE MEAT and hog industries can still influence the final form of a policy governing pork imports when the Department of Agriculture consults them on a proposal to expand the import quota, officials said. “We will go through the same process in considering the proposal of NEDA, as per Secretary William D. Dar,” Assistant Secretary […]
Trade deficit balloons to $4.02 billion in October
THE COUNTRY’S trade-in-goods deficit widened in October as merchandise import growth outpaced the growth in exports, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary PSA data showed the value of merchandise exports grew by 2% to $6.41 billion. The October reading was a turnaround from the 0.9% drop in the same month last year, […]
September exports, imports grow
By Revin Mikhael D. Ochave, Reporter Philippine exports and imports rose in September amid a pickup in global economic activity, the local statistics agency said on Friday. The value of exports increased by 6.3% year on year to $6.68 billion, better than 3.4% a year earlier, the Philippine Statistics Authority (PSA) said in a report, […]
Maize association says lower corn tariffs to kill off domestic industry
THE PROPOSED lowering of the tariff on yellow corn imports will be detrimental to both producers and consumers by ultimately increasing import dependency, because such a measure would force many domestic producers out, the corn industry said. Roger V. Navarro, president of the Philippine Maize Federation, Inc., said domestic producers will be “slaughtered” by the […]
Exporters told to make more use of EFTA privileges
EXPORTERS seeking to expand their markets need to take advantage of preferential access offered via the free trade agreement (FTA) with the European Free Trade Association (EFTA), a bloc of four non-European Union states. “We have embarked not only an FTA, which is a good framework for business, but also on a long journey […]
Closed fishing season ‘unjust’ to small fishermen, organization claims
THE PRACTICE of closing fishing grounds to allow fisheries to recover has had a disproportionate impact on small fishermen by depriving them of livelihoods while driving up consumer food costs, according to a fishermen’s organization, the Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (PAMALAKAYA). PAMALAKAYA National Chairman Fernando L. Hicap said in a statement Monday […]
PHL pork output seen flat at 1 million MT next year — USDA
PHILIPPINE PORK production in 2022 is expected to be flat at 1 million metric tons (MT), with the hog industry still recovering from the African Swine Fever (ASF) outbreak, according to the United States Department of Agriculture (USDA). In a report, the USDA’s Foreign Agricultural Service said the estimate is in terms of carcass weight […]
Ban on poultry imports from Japan lifted
THE Department of Agriculture (DA) has lifted a temporary ban on poultry imports from Japan, after that country’s poultry industry was deemed free of highly pathogenic avian influenza (HPAI), or bird flu. Agriculture Secretary William D. Dar signed Memorandum Order No. 52 on Sept. 10 which lifted the ban on Japanese domestic and wild birds and their products, including meat, day-old chicks, eggs, and semen. […]
Customs collects nearly P11.7 billion in rice tariffs
THE BUREAU of Customs (BoC) has collected P11.69 billion worth of tariffs from 1.74 million metric tons (MT) of rice imports in the eight months to August, exceeding its fund-raising target for the rice modernization fund, though collections have fallen year on year due to lower import volumes. The Finance department said Sunday that collections […]
Coconut oil, crude coconut oil among top 3 US imports from PHL
COCONUT OIL and crude coconut oil make up two of the top three US imports from the Philippines, according to the Philippine Coconut Authority (PCA). The PCA said in a statement that the two products have maintained their standing among US imports over the past three years, citing estimates by the International Trade Center. Eric […]
Ban on Dutch poultry imports lifted
THE DEPARTMENT of Agriculture (DA) has lifted a ban imposed on poultry imports from the Netherlands after it reported its outbreak of highly pathogenic avian influenza (HPAI) to be under control. Agriculture Secretary William D. Dar issued Memorandum Order No. 49 on Aug. 25 which permits imports of Dutch domestic and wild birds and their […]
Agriculture dep’t lifts ban on Ukraine poultry imports
THE DEPARTMENT of Agriculture (DA) said it has lifted the temporary ban issued on poultry imports from Ukraine after that country was certified as free of bird flu. Agriculture Secretary William D. Dar signed Memorandum Order No. 47 on Aug. 23 clearing the way for imports of Ukrainian domestic and wild birds and their products […]