Tag: import

Think tank lauds Duterte order allowing private sector rice imports

May 15, 2017

May 11, 2017 MANILA, Philippines – The Foundation for Economic Freedom (FEF) lauded yesterday President Duterte’s decision to allow the private sector to import rice and abolish the National Food Authority’s (NFA) legal monopoly on rice importation. “We believe that removing NFA’s rice importation monopoly is the right step to prevent more financial losses of […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Rice prices to rise if imports stopped: ex-economic managers

April 17, 2017

April 12, 2017 MANILA – Rice prices could go up if government bans imports of the staple grain, a trade advocacy group composed of former economic managers said. The Foundation for Economic Freedom also urged President Rodrigo Duterte to liberalize the rice trade by removing the “monopoly” of the National Food Authority on imports. The […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Rice shortage, price hike loom – FEF

April 17, 2017

April 13, 2017 Due To Rice Import Suspension MANILA, Philippines – The Foundation for Economic Freedom (FEF) is warning of “significant shortages” and “increased rice prices” in the country following President Duterte’s recent order to suspend rice importation. In a statement issued yesterday, the FEF called on President Duterte to reverse his decision to stop […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Stopping rice importation ‘dangerous,’ says public advocacy group

April 17, 2017

April 12, 2017 MANILA – A public advocacy organization is calling on the Duterte administration to rethink its rice importation policy, describing it as “dangerous.” In a statement, the Foundation for Economic Freedom said stopping all rice importation may lead to shortages and increased rice prices. “We believe that neither policy allowing the National Food […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Ditch rice policy, gov’t urged

April 17, 2017

April 13, 2017 The government’s policy on rice continues to be stuck on self-sufficiency and a conflicted practice on importation despite recommendations from local economic experts from the government, private sector and the academe as well as international bodies to ditch what is described as “not practical.” “Rice self-sufficiency is neither a desirable nor a practical […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Think tank backs removal of rice import restrictions

September 16, 2016

September 11, 2016   Lower prices, hunger reduction MANILA, Philippines – Filipinos are seen benefitting from the planned lifting of the restrictions on the importation of rice through lower prices, reduction in hunger and lower inflation, Foundation for Economic Freedom (FEF) said. The think tank, which is focused on market-oriented reforms, well-defined and secure property […]

READ MORE

Categories: FEF / News

Tags:

Group backs move to relax rice imports

September 16, 2016

September 12, 2016 A GROUP of prominent economists has hailed the Duterte administration’s plan to liberalize rice importation in the country through the removal of limits on the volume of the staple that can be brought into the country. In a statement on Friday, the Foundation for Economic Freedom (FEF)—an organization dedicated to market-oriented reforms, […]

READ MORE

Categories: FEF / News

Tags: