PH rice industry under liberalization
February 14, 2023
Enacted four years ago, the government promised that RA11203 or the Rice Liberalization Law would improve farmers’ productivity and food security. But rice import dependency and trade deficit worsened, while rice self-sufficiency and farm gate prices fell, to the detriment of Filipino farmers.
Rice tariffication harmed rice farmers
May 30, 2022
In 2020, rice farmers’ net income per hectare decreased by 30.7% in the dry season, by 37.5% in the wet season, and by 35% on the average as compared to figures in 2018. This translated to substantially lower profitability ratio for the farmers.
PH rice industry crisis
September 1, 2019
The influx of imported rice is making palay farmgate prices fall including in the country’s rice granaries such as Isabela, Nueva Ecija and Sorsogon. Is rice liberalization really solving the problems of the rice industry or just making things worse? #MalalangEkonomiya #MayMagagawa #PeopleEconomics
Rice tariffication to impoverish Filipino farmers more, Congress warned
August 4, 2018
Research group IBON raised concern over the current move by the House of Representatives (HOR) to lift the quantitative restrictions (QR) on rice imports and instead apply a 35% tariff on unlimited rice importation. This will practically decrease farmgate prices, said IBON, but not necessarily lower retail rice prices as government claims. Rice prices have […]
Duterte’s RCEP push at ASEAN, implications on PH economy and development
August 10, 2017
By Arnold Padilla Part 1-At the 50th anniversary of the Association of Southeast Asian Nations (ASEAN), President Rodrigo Duterte endorsed the Regional Comprehensive Economic Partnership (RCEP) deal. RCEP is being negotiated by the 10 member states of the ASEAN plus six other countries that ASEAN has a free trade agreement (FTA) with or the so-called […]