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On June 20, 2024, President Ferdinand Marcos Jr. issued Executive Order No. 62 (EO 62) modifying the import duty rates of various commodities. EO 62 provides a multi-year comprehensive tariff schedule and applies to commodities subject to the Most Favored Nation (MFN) rates.
Fueled by Filipinos' fondness for food indulgences, rising disposable incomes, and increasing urbanization, the $1.2 billion confectionery and ice cream market is expected to see robust growth of eight percent annually through 2028.
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....