Philippines

DA caps imported rice price at P58 per kilogram

The Philippine government is set to impose a maximum suggested retail price of ₱58 per kilo on imported rice. This measure, announced by the Department of Agriculture, will initially affect Metro Manila starting January 20. The decision follows extensive consultations and aims to regulate the market effectively.

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Fuel marking, seizures bring in P84 billion for BOC

The Bureau of Customs seized P84.356 billion worth of smuggled goods from January to November 2024, focusing on fuel marking, revenue collection, and crackdowns on illegal imports. This effort highlights the agency’s commitment to revenue protection and combating smuggling activities across the country

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