President Marcos has signed an order extending the temporary modification of import duty rates on several agricultural products to maintain affordable prices and ensure supply. | DYGalvezINQ
Executive Order No. 10, which Marcos signed on Dec. 29, imposes the Most Favored Nation rates of duty on the following:corn – 5% in-quota and 15% out-quotaMarcos said he issued to order “to maintain affordable prices for the purpose of ensuring food security, help augment the supply of basic agricultural commodities in the country, and diversify the country’s market sources, among others.”
“The current global economic situation brought about by the COVID-19 pandemic, as well as other factors affecting the country’s traditional sources of rice, corn, coal, and fresh, chilled, or frozen meat of swine, cause uncertainty in the steady supply of said commodities,” the order reads.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airlines cancel some Manila-Davao-Manila flights for January 2DAVAO CITY (MindaNews / 02 January) – Three major airlines cancelled several domestic flights from Manila to Davao City and vice versa on Monday following the power outage on Sunday that disrupted …
Read more »
VP Sara plays fortune-teller, sees grandchild for BBM in 2023MANILA, Philippines — Vice President Sara Duterte played fortune teller recently and predicted that her 2022 elections running mate, President Ferdinand Marcos Jr, will be a grandfather this
Read more »
VP Sara plays fortune-teller, sees grandchild for BBM in 2023'MAY APO NA DARATING' Vice President Sara Duterte played fortune teller recently and predicted that her 2022 elections running mate, President Ferdinand Marcos Jr, will be a grandfather this year. READ:
Read more »
Marcos Jr. to discuss political security issues with Xi JinpingMANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. will discuss political security issues with Chinese President Xi Jinping during his three-day visit to China this
Read more »
Canada eyes closer ties with PH as part of expanded role in Indo-PacificMANILA, Philippines—Canada is seeing warmer relations with the Philippines, including improved defense ties, under the Marcos administration after these were strained when the Canadian
Read more »