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On December 22, 2023, President Ferdinand Marcos, Jr. signed Executive Order No. 50 (EO 50) extending lower tariffs on pork, corn, and rice for another year or until December 31, 2024. EO 50 was published on December 26, 2023, and took effect immediately upon publication.
FAS Manila maintains its September 2023 forecast for rice and corn production and imports, but lowers its forecast slightly for wheat imports to 6.0 million metric tons.
The Philippines is expected to experience economic growth between 2025 and 2070, due to a shift in its demographics, necessitating a robust and efficient food distribution system.
On August 23, 2023, the Philippine Department of Agriculture issued Memorandum Circular No. 37 (2023), an Addendum to the Bureau of Animal Industry Memorandum Circular No. 26 (2021), which requires traders to submit a Feed Utilization Report and...
The Philippines has been a pioneer within Asia in adopting biotechnology crops, and recently approved Bt cotton as the 4th genetically engineered (GE) crop cleared for commercial propagation after corn (2002), rice (2021), and eggplant (2022). The...
FAS Manila worked with JDR Sales and Marketing Group LLC (JDR), a company based in Granada Hills, California and the designated exporter to the Philippines of Huy Fong Foods Inc.....
A Philippine importer grew their business from two U.S. products (almonds and raisins) and two customers in 1995 to almost 30 products of dried fruits and nuts, and dehydrated potatoes....
The Philippine Department of Agriculture (DA) announced today that 14 out of the 20 samples submitted to the World Animal Health (OIE) Reference Laboratory for Swine Diseases in the United Kingdom....