Tag: Rice Tariffication Act

Cheaper rice for now, but at what cost?

February 22, 2019

by Sonny Africa The government’s economic managers claim that the new Rice Tariffication Act which takes effect on March 5, 2019 will ensure the availability of cheaper rice for Filipino consumers. They also claim that the law will make Filipino rice farmers more competitive and profitable. Yet while rice from abroad could become cheaper for […]

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 […]