Browse Data and Analysis

Philippine President Ferdinand Marcos Jr. signed Republic Act (R.A.) No. 12078 on December 9, 2024, which extended the implementation of the Rice Competitiveness Enhancement Fund (RCEF) until 2031.

The Philippine Food and Drug Administration (PFDA) reiterated its jurisdiction on the regulation of veterinary drug products. The PFDA clarified that it shall regulate finished products for therapeutic purposes for animals, including veterinary drugs, medicated feed products, and antimicrobials.

FAS Manila forecasts lower milled rice production in Marketing Year (MY) 2024/25 compared to MY 2023/24 due to a series of weather disturbances. FAS Manila forecasts an increase in imports in MY 2024/25 to address reduced domestic production and increasing consumption attributed to population growth.

Reaching pre-pandemic levels in 2025, FAS Manila sees continued food service sales growth at 12 percent with the expansion of stores and customer queues in restaurants. As more consumers dine out, restaurant chains open new restaurants, cafes, kiosks...

On May 19, 2020, the Philippines formally granted market access to U.S. bovine embryos, leveling the playing field for U.S. exporters vis-à-vis the competition in Australia and Canada.

Republic Act No. 11467 increased the excise tax imposed on alcohol products effective on January 1, 2020.

Hemp, marijuana, and cannabis from the plant Cannabis sativa L. are terms interchangeably used in the Philippines.

On May 24, 2020, the Philippines will formally open its market to U.S. fresh highbush blueberries.