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

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…

All About the PH Rice Tariffication Act

By March 5, Republic Act No. 11203 (Rice Tariffication Act) should have taken effect. In theory, the new law should reduce the local consumer…

DOF: Removing QR will cut rice prices by P7 per kilo

The lifting of the quantitative restriction (QR) on Philippine rice imports in favor of tariffs will bring several benefits to the economy, including slashing…