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‘Tariff cut, govt programs pulled down rice prices in January’

Business Mirror LogoBusiness Mirror18h ago

‘Tariff cut, govt programs pulled down rice prices in January’ - Business Mirror

Quick Summary:

The Department of Agriculture (DA) said the reduction in the tariff of imported rice and selling programs are "steps in the right direction” toward stabilizing the retail price of the staple.

In July 2024, the DA noted that President Marcos reduced rice import tariffs to 15 percent from 35 percent while directing the agency to provide affordable rice through programs like KADIWA ng Pangulo and Rice-for-All.

He added that current price trends suggest the deflation in rice prices will continue through July.


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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 12:54:31 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25909101

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 81 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 11 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

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The story "‘Tariff cut, govt programs pulled down rice prices in January’" was covered 18 hours ago by Business Mirror, a news publisher based in Philippines.

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  • URL: https://chronographically.beamstart.com/news/tariff-cut-govt-programs-pulled-17387605986977

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