IKOT.PH
The proposed rice tariffication law is projected to temper inflation in the coming months as it will bring down the prices of the staple grain, Senator Sonny Angara said. Angara made the statement following the report of the Bangko Sentral ng Pilipinas (BSP) that year-on-year headline inflation moderated to an average of 5.9 percent in […]
A measure that will allow unimpeded importation of rice, amending the Agricultural Tariffication Act of 1996 and replacing the quantitative restriction on rice imports, is now a President’s signature away from becoming law. The Senate transmitted to the Office of the President the harmonized version of Senate Bill 1998 and House Bill 7735, or an […]
A “win-win” for consumers and farmers. This was how House Committee on Agriculture and Food Chair and ANAC-IP Rep. Jose Panganiban Jr. characterized the recent passage of the Rice Tariffication Bill, which aims to lift the quantitative restriction on rice imports and removes the National Food Authority’s (NFA) monopoly on the importation of the staple […]
The rice tariffication bill, when signed by President Rodrigo Duterte, will greatly benefit not just consumers, but rice farmers as well. This was the assurance given by House Agriculture Committee chair and ANAC-IP Rep. Jose T. Panganiban, Jr., who on Monday spoke of the benefits of the measure after the bill hurdled the bicameral conference […]
The Senate passed on third and final reading Senate Bill No. 1998, or the proposed rice tariffication bill, which President Rodrigo Duterte has certified as urgent in a bid to bring down the price of rice in the market and reduce inflation. SB 1998, sponsored by Senator Cynthia Villar, was passed with a vote of […]