IKOT.PH
Senate President Chiz Escudero is urging the country’s economic managers to prepare and plan for contingencies and a calibrated response to the 17 percent tariff that US President Donald Trump is imposing on Philippine exports to cushion its impact on the local economy. “What are the pains and what are the gains, if any, that […]
Senator Kiko Pangilinan welcomed the government’s revisions on the prevailing tariff and minimum access volume (MAV) for pork imports. “Tagumpay ito ng ating sama-sama at tulong-tulong na pagbabantay. Nagpursigi tayo para marinig ang hinaing ng mga apektado ng ASF at ang sobra-sobrang pag-angkat ng baboy,” said Pangilinan, who has raised the effects of African swine […]
The government was able to raise P14 billion from tariffs on rice imports during the first year of the implementation of the rice tariffication law (RTL). During the RTL’s anniversary celebration in Urdaneta City, Pangasinan, Department of Finance (DOF) Executive Assistant Renzo Enrico Blanco said the government collected P12.31 billion in 2019, and P1.71 billion […]
The Department of Trade and Industry (DTI) has taken a firm step to protect local cement manufacturers in the wake of reports that imported cement has been flooding the local market in recent months. DTI Secretary Ramon Lopez said his agency will impose a provisional safeguard duty of P8.40 per bag of imported cement after […]