Tag: Import

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Marcos mulls rice tariff hike, import suspension

Agriculture Context.ph Context.ph -
The Department of Agriculture has recommended that President Ferdinand Marcos Jr. increase tariffs on imported rice and temporarily suspend rice importation to protect local farmers.

Trade deficit in agricultural goods narrows in May—PSA data

Top News Context.ph Context.ph -
The Philippines saw the trade deficit for agricultural goods trade narrowed in May, as exports of farm goods rise and the value of imports declined during the period.

Philippines rice imports expected to drop in Q1

Top News Context.ph Context.ph -
The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.

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Global NGO seals 5-year deal to clear Pasig River of plastic

Environment 0
The Department of Environment and Natural Resources (DENR), has signed a five-year partnership with global non-profit The Ocean Cleanup to remove floating waste from the Pasig River and deploy low-cost, innovative cleanup technologies.

OneCFO launches AI tax platform for MSMEs

Banking & Insurance 0
OneCFO Group has launched an artificial intelligence-powered tax platform aimed at helping businesses and individual taxpayers navigate increasingly complex compliance requirements, reflecting the growing use of AI tools in professional and financial services.

BPI partners with Visa for faster, more affordable international transfers

Banking & Insurance 0
The Bank of the Philippine Islands (BPI) has teamed up with digital payments leader Visa to launch improved cross-border money transfers via its mobile app in the first quarter of 2027.

Top Line fuels expansion with preferred shares sale

Energy & Mining 0
Cebu-based fuel distributor and retailer Top Line Business Development Corp. is tapping the capital markets anew, securing regulatory approval for a preferred shares offering of up to P1.5 billion as it accelerates plans to expand fuel infrastructure and strengthen its position in the Visayas energy market.

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