Market Visit

DTI, DA conduct price and supply monitoring of agri commodities

METRO MANILA—Agriculture Secretary William Dar and Trade and Industry Secretary Ramon Lopez, alongside Metropolitan Manila Development Authority (MMDA) Chairman Benjamin Abalos Jr., led a special price and supply monitoring of agricultural basic goods, particularly pork and chicken products, on 9 February 2021. The first monitoring was conducted at the Commonwealth Market with Quezon City Mayor continue reading : DTI, DA conduct price and supply monitoring of agri commodities

Secretary Ramon Lopez

DTI Chief: EO that retained 5% tariff on MDM issued, to prevent huge price increase of processed and canned meat products

MANILA— President Rodrigo Roa Duterte issued Executive Order (EO) No. 123 that retained the 5% tariff rate on imported mechanically deboned meat (MDM) instead of increasing it to 40%. The retention of 5% MDM tariff prevented any huge price increase in the processed and canned meat products. Department of Trade and Industry (DTI) Secretary Ramon continue reading : DTI Chief: EO that retained 5% tariff on MDM issued, to prevent huge price increase of processed and canned meat products