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Posts tagged with "Minimum access volume (MAV)"

All About the PH Rice Tariffication Act

All About the PH Rice Tariffication Act

Mar. 3 | By March 5, Republic Act No. 11203 (Rice Tariffication Act) should have taken effect. In theory, the new law should reduce the local consumer price of rice by at least P4 per kilo arising from more competition in the local market with the entry of cheaper...

Imposition of rice tariffs begins March 5

Imposition of rice tariffs begins March 5

Feb. 24 | Under the newly enacted Rice Tariffication Law, tariff on imported rice will be imposed starting on March 5, according to the Department of Finance (DOF). DOF in a statement said the National Food Authority (NFA) Council approved the implementation of...
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