spot_img
29.8 C
Philippines
Wednesday, June 26, 2024

Business

Rice tariff may revert to 35% on falling prices

Department of Agriculture (DA) Secretary Francisco Tiu Laurel hinted at the possibility of reverting the rice import tariff to its original rates, if rice prices continue to fall. Agriculture Secretary Francisco Tiu Laurel said during the Kapihan Forum series hosted by the Philippine Chamber of Commerce and Industry (PCCI) said the P42 to P45 per kilogram level would be the "right range" to consider bringing back the rice tariffs.  “If ...

LATEST Business

LATEST

Sri Lanka urged to increase taxes, devalue currency

COLOMBO, Sri Lanka—The International Monetary Fund warned crisis-hit Sri Lanka on Thursday that its foreign debt was “unsustainable,” and called for devaluation and higher...

World Bank halts all projects in Russia and Belarus

The World Bank on Wednesday announced it was halting all of its ongoing projects in Russia and Belarus in response to the invasion of...

Malacañang to issue EO on nuclear power usage

Malacañang is expected to release shortly an executive order adopting the national position on nuclear technology that will pave the way for its inclusion...

Vaccination and reforms to generate more jobs, says DOF

The Department of Finance said Wednesday it sees a bright employment outlook amid the government’s efforts to put in place vital economic reforms in...

PRINT EDITION

ADVERTISEMENT

spot_img