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Philippine President Ferdinand Marcos Jr has ordered to extend\u00a0the country’s\u00a0ban\u00a0<\/span>on rice imports beyond 60 days, his office said on Friday, but it did not specify how long the extension would last.<\/p>\n Marcos had earlier ordered a 60-day suspension of rice imports starting\u00a0from\u00a0September 1 in an effort to protect farmers during the local harvest and keep rice prices in check. The order covers the import of regular milled and well-milled rice and excludes varieties not commonly produced locally.<\/p>\n “Under the President’s directive, the two-month import suspension will be extended,” the Presidential Communications Office Undersecretary Claire Castro told a press briefing.<\/p>\n The\u00a0Philippines<\/span>, one of the world’s largest rice importers,\u00a0shipped\u00a0in 4.8 million metric\u00a0tons\u00a0of rice last year, mostly from Vietnam and Thailand.<\/p>\n Agriculture Secretary Francisco Tiu Laurel has said he plans to recommend to the president\u00a0that the moratorium should be extended\u00a0by\u00a0another\u00a015 to 30 days, and that the ministry was also looking at increasing tariffs on imported rice.<\/p>\n The annual rate of increase in rice prices in the\u00a0Philippines\u00a0<\/span>hit a 15-year high of 24.4% in March last year, but has since reversed course and declined\u00a0by 17%\u00a0in August. It helped\u00a0to\u00a0tame inflation, which averaged 1.7% in the eight-month period, below the government’s 2.0% to 4.0% target.<\/p>\n The\u00a0Philippines\u00a0<\/span>has lowered tariffs on rice and extended existing tariff cuts on some other commodities to combat inflation and ensure supplies are ample.<\/p>\n (Reuters)<\/p>\n<\/p><\/div>\n<\/div>\n maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"
September 26, 2025
photo from press release \u00a9 Adobe Stock\/\u0e01\u0e38\u0e25\u0e14\u0e34\u0e25\u0e01 \u0e01\u0e23\u0e40\u0e01\u0e29\u0e21
Philippine President Ferdinand Marcos Jr has ordered to extend\u00a0the country’s\u00a0ban\u00a0on rice imports beyond 60 days, his office said on Friday, but it did not specify how long the extension would last. Marcos had earlier ordered a 60-day suspension of rice …<\/p>\n","protected":false},"author":1,"featured_media":68076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-68075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/68075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=68075"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/68075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/68076"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=68075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=68075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=68075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n September 26, 2025<\/span>
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\n <\/p>\n
\n photo from press release
\n\u00a9 Adobe Stock\/\u0e01\u0e38\u0e25\u0e14\u0e34\u0e25\u0e01 \u0e01\u0e23\u0e40\u0e01\u0e29\u0e21
\n <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n