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Posts tagged with "Minimum access volume (MAV)"

IRR on rice tariffication law finally out

IRR on rice tariffication law finally out

Apr. 5 | Policymakers have finally signed the implementing rules and regulations (IRR) of the Rice Tariffication Law, which liberalizes rice imports and no longer requiring a National Food Authority (NFA) permit, license or registration to trade and import rice. Joint...

BOC issues interim supplemental rules on rice importation

BOC issues interim supplemental rules on rice importation

Mar. 29 | All rice shipments that arrived at Philippine ports starting March 5, 2019, regardless of the date of their departure from the port of origin, are no longer required under the new Rice Tariffication Law to have import permits, according to the Bureau...

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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