PBBM orders 60-day suspension of rice importations —PCO

SUPPORT TO FARMERS. President Ferdinand R. Marcos Jr. holds a meeting with Agriculture Secretary Francisco Tiu Laurel Jr., Finance Secretary Ralph Recto, Special Assistant to the President for Investment and Economic Affairs Secretary Dave Gomez, and Presidential Communications Secretary Dave Gomez on the sidelines of his five-day state visit to India on Wednesday (Aug. 6, 2025). Upon the recommendation of Laurel, Marcos announced the suspension of all rice importation for 60 days beginning Sept. 1. (Photo courtesy: PCO)

By Brian Campued

President Ferdinand R. Marcos Jr. on Wednesday suspended all rice importations for 60 days beginning Sept. 1.

According to Presidential Communications Office (PCO), Sec. Dave Gomez, the President issued the directive upon the recommendation of Department of Agriculture Sec. Francisco Tiu Laurel Jr., during a meeting with Cabinet members on the sidelines of his five-day state visit to India.

This is “to protect local farmers reeling from low palay prices during this current harvest season,” Gomez said.

However, the PCO chief clarified that the President and the Cabinet had not yet discussed the DA’s proposal to increase the tariff on imported rice.

“We will still see if we need to resort to that. Right now, the decision is to suspend all rice importation for 60 days beginning Sept. 1,” Gomez said.

“‘Yan po ang utos ng ating mahal na Pangulo para matulungan ang ating mga magsasaka ng bigas,” he added.

In a press release Tuesday, Laurel said that increasing the tariff on imported rice could help curb excessive imports while ensuring support to rice farmers and sustaining affordability of rice.

The Agriculture chief supports a gradual increase in tariffs—from the current 15%, then initially to 25% and 35%—to avoid disruption in the rice value chain and inconvenience to consumers.

However, Laurel still stressed the need to amend the Rice Tariffication Law to restore the regulatory functions of the National Food Authority to procure palay from local farmers. (with Kenneth Paciente / PTV News)

-jpv

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...