Articles worth reading

3 Filipinos catch Covid overseas

account_balanceMetro Manila access_time4 days ago

The Department of Foreign Affairs on Thursday reported three new cases of the coronavirus disease 2019 (COVID-19) among Filipinos overseas, raising the tally to 18,008, according to a report by GMA News.  The DFA said no new fatalities and reco...

Zamora to get Covid vaccine

account_balanceSan Juan access_time4 days ago

San Juan City Mayor Francis Zamora is set to get his first dose of COVID-19 vaccine on Friday, April 16, a month after he recovered from the dreaded disease, according to a report by Manila Bulletin. He will get his first Sinovac jab after he was gi...

Photo courtesy of: Barangay San Isidro

3 Antipolo barangays deliver aid to houses

account_balanceMetro Manila access_time4 days ago

Three villages in Antipolo City conducted a house-to-house distribution of the enhanced community quarantine financial aid, according to a report by Manila Bulletin. The three barangays are Dalig, Mayamot, and San Isidro. Dr. Jun Ynares, III, spoke...

Metro News

Duterte lowers imported pork tariff

account_balanceMetro News account_circleJames Lopes chat_bubble_outline0 Comments

President Rodrigo Duterte issued an executive order (EO) modifying the rates of import duty on pork products to address the impact of the African swine fever (ASF) on the hog industry, according to a report by Philippine News Agency.

Under EO 128, Duterte stressed the need to take immediate steps to allow the domestic swine industry to “fully recover and attain sufficient local pork production.”

Hence, Duterte approved the National Economic and Development Authority’s (NEDA) proposed temporary reduction of the Most Favored Nation (MFN) tariff rates on fresh, chilled, or frozen pork products.

Advertisement

“There is an urgent need to temporarily reduce the Most Favored Nation tariff rates on fresh, chilled or frozen meat of swine to address the existing pork supply shortage, stabilize prices of pork meat, and minimize inflation rates,” the EO read.

EO 128 reduces tariff rates for both in-quota and out-quota imports of pork to boost pork supply in the country and tame prices of pork products.

Duterte’s latest EO reduces the MFN tariff rate on pork imports within the minimum access volume (MAV) to 5 percent for the first three months upon the effectivity of the order and to 10 percent for the fourth to 12th month from the current rate of 30 percent.

On the other hand, pork imports outside MAV will be slapped with a lower tariff of 15 percent for the next three months and 20 percent for the succeeding nine months from the current 40 percent, based on EO 128.

EO 128, which is effective for a period of one year, takes effect immediately upon its complete publication in the Official Gazette or in a newspaper of general circulation.

“The government recognized the need to immediately address the current shortage in swine meat, and endeavors to strengthen food supply to ensure that Filipinos have equitable access to food, particularly meat,” according to the order.

Last month, Duterte asked Congress to approve the proposed increase in pork imports to 250,000 metric tons from the present 54,210 MT to address the rising food prices and boost the supply of pork in the country.

On Feb. 1, Duterte signed EO 124, which imposes a price ceiling of PHP270 per kilogram for pork kasim and pigue, PHP300 per kilogram for pork liempo, and PHP160 per kilogram for dressed chicken until April 8.

The DA has also submitted to Duterte a draft proclamation declaring a state of national emergency in the country to address the severe impact of African swine fever on the hog industry.


date_rangeDate Published
1 week ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Pasay hospital reports decline in Covid-19 cases  

account_balancePasay chrome_reader_mode6 days ago

The situation at the Pasay City General Hospital (PCGH) is more manageable now compared to a few weeks ago as coronavirus disease (COVID-19) cases in the city continue to go down, a PCGH official said in a report by Manila Bulletin. Dr. John&nb...

DOH reports more cases of UK, South African variants

account_balanceMetro Manila chrome_reader_mode5 hours ago

The Department of Health (DOH) reported additional cases of coronavirus disease 2019 (Covid-19) infections from variants of the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus that causes Covid-19, according to a report b...

DOH registers 9,628 new Covid cases 

account_balanceMetro Manila chrome_reader_mode5 hours ago

The Department of Health (DOH) recorded 9,628 new Covid-19 cases, bringing the total number of infections to 945,745, according to a report by Manila Bulletin. The latest bulletin by the Department of Health showed that active cases account for 141,...

The struggles in 2020 of the casino industry in the Philippines

account_balanceMetro Manila chrome_reader_mode7 months ago

Do you want to learn more about the challenges and predictions for the gambling industry in the Philippines? Find all answers in this article!

Let's Stay Connected Like us on our Facebook page.
×
Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature