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Continuity in reasonable prices during and beyond the pandemic

In my capacity as President of Laban Konsyumers Inc. (LKI), I called for efforts to stabilize food prices as producers seek higher prices for their goods, citing global supply chain disruptions of raw materials and higher shipping costs, which have allegedly increased import costs.

From the c ....

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5 senators file reso urging Malaca単ang to withdraw EO reducing rice tariff to 35%

5 senators file reso urging Malacañang to withdraw EO reducing rice tariff to 35%
By HANA BORDEY, GMA News
Published May 19, 2021 6:14pm
Five senators on Wednesday filed a resolution urging Malacañang to withdraw Executive Order 135 which reduces the rice tariff from 40%-50% to 35% for one year.
Under Senate Resolution 726, Minority Leader Franklin Drilon, Senators Nancy Binay, Leila de Lima, Risa Hontiveros, and Francis Pangilinan said there is “no reasonable and sufficient basis to reduce the tariff rates on rice and it will only cause more burden to our local rice farmers, further increase our import dependency, and cost the government millions in foregone revenues.” ....

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Press Release - Drilon: Senate COW adopts resolution urging Duterte to recall 'botcha' policies on pork importation

Press Release
Senate COW adopts resolution urging Duterte to recall botcha policies on pork importation
The two policies can potentially spell the demise of our local hog industry, says Drilon, author of the resolution
As local hog raisers cry for help and fear that imported pork will flood the market soon, the Senate Committee of the Whole adopted today a resolution authored by Senate Minority Leader Franklin M. Drilon urging the President to withdraw Executive Order No. 128, which provides for the temporary modification of the rates of import duty for fresh, chilled or frozen meat of swine, and to recall the recommendation to increase the Minimum Access Volume of pork. ....

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Pandemic forces cement firms to delay projects

Reporter
The pandemic has delayed the plans of domestic cement companies to improve operations as part of their measures to compete with imports while safeguard duties are being applied.
In a public hearing held by the Tariff Commission on Friday, Cemex Holdings Philippines Enterprise Risk Manager Jose Mauro Gallardo Valdes said two out of six projects have been delayed and will be completed in 2021.
“The delays are related to the COVID-19 pandemic,” he said.
The trade department last year imposed safeguard duties on imported cement for three years to prevent injury to domestic producers. As these safeguard measures are applied, the domestic industry is required to submit to the government their plans to adjust to import competition. ....

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