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Posts tagged with "Rice Tariffication Law"

Duties from rice imports hit P1.71B

Duties from rice imports hit P1.71B

Feb. 25 | The Bureau of Customs (BOC) has collected P1.71 billion in duties from rice imports by private traders under Republic Act (RA) No. 11203 or the Rice Tariffication Law (RTL) from January 1 to February 14 this year, down by 23.1% from P2.22 billion in the...

No halt to rice importation, just stricter rules

No halt to rice importation, just stricter rules

Nov. 22 | The Philippines will not suspend importation of rice but will instead implement stricter measures—including pre-shipment inspection (PSI)—on the commodity’s entry into the country, clarified Agriculture Secretary William Dar. In a press statement...

Duterte suspends rice importation but won’t scrap tariffication

Duterte suspends rice importation but won’t scrap tariffication

Nov. 20 | Philippine President Rodrigo Duterte has ordered the temporary suspension of rice importation during the local harvest season as a way to protect Filipino farmers that have been affected by the Rice Tariffication Law. Duterte, in a press conference on...

No suspension of rice importation yet

No suspension of rice importation yet

Nov. 18 | The Philippine government said there is no directive yet from President Rodrigo Duterte to suspend the importation of rice. Finance Secretary Carlos Dominguez III and Presidential spokesperson Salvador Panelo issued the clarification in separate statements...

PH set to dislodge China as world’s top rice importer

PH set to dislodge China as world’s top rice importer

Nov. 13 | Philippine rice imports are projected to reach a record 3 million metric tons (MT) by year-end, making the country the top rice importer in 2019, beating China, according to a monthly report by the United States (US) Department of Agriculture-Foreign...

BOC reports 12% rise in Sept collection

BOC reports 12% rise in Sept collection

Oct. 4 | Image by Mediamodifier from Pixabay The Bureau of Customs (BOC) posted revenues of P58.902 billion in September 2019, an increase of 12.4% from the P52.420 billion earned in the same month last year. In an email to PortCalls, BOC said the increase was...

Rice tariff collection hits P5.9B; Subic contributes biggest share

Rice tariff collection hits P5.9B; Subic contributes biggest share

Jul. 6 | The Philippine government has so far collected P5.9 billion in tariffs from 1.43 million metric tons (MT) of rice stocks imported by private traders, following the enactment of the Rice Tariffication Law that liberalized imports of the grain, preliminary...

BOC stands firm on legality of collecting additional tariff on deboned meat

BOC stands firm on legality of collecting additional tariff on deboned meat

Jul. 6 | The Bureau of Customs (BOC) maintained its position that the retroactive collection of additional 35% tariff on imported mechanically deboned meat (MDM) is legal. The statement was issued after the Meat Importers and Traders Association (MITA) decried...

BOC amends interim rules on Rice Tariffication Law

BOC amends interim rules on Rice Tariffication Law

May. 21 | The Bureau of Customs (BOC) has amended interim guidelines on the implementation of the Rice Tariffication Law or Republic Act No. 11203, specifying the tariff heading of rice imports covered under the law and the tariff rates for such. The new guidelines...

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...