DA: There is oversupply of imported rice

The Department of Agriculture (DA) plans to increase the tariff on imported rice and tighten its sanitation permit. The Rice Tariffication Lawmesnt to fill up the 7% gap in supply by local growers. Agriculture Secretary William Dar said that the ideal volume of imported rice exceeded to 4.7% which lowered the price of palay even further. The DA aims to increase the tariff on imported ASEAN rice from 35% to 75% while those from non-ASEAN countries will increase from 50% to 100%. This measure will help local farmers affected by the price decrese of palay.

Popular

PBBM to endorse ‘best’ candidate for 2028 presidential race

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday said he will endorse the “best” candidate in the 2028...

PBBM: Pax Silica a ‘good deal’ to attract more investments

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday described the Pax Silica initiative as a “good deal,” saying...

Palace defends P7.2T budget, urges critics to study spending plan

By Darryl John Esguerra | Philippine News Agency Malacañang on Thursday hit back at critics of the proposed P7.2-trillion 2027 national budget, telling lawmakers to...

Palace: PBBM has no personal knowledge of DPWH ‘leadership fund’

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. has no personal knowledge of the so-called “leadership fund” in the Department...