Buildings along the Pasig River during dusk in Makati, Metro Manila, the Philippines, on Tuesday, May 11, 2021. The Philippines’ economy is struggling to gain momentum as elevated numbers of Covid-19 cases hamper reopening efforts and destroy jobs.- Bloomberg
MANILA, May 16 (Bloomberg: Philippines President Rodrigo Duterte approved temporary adjustments on rice and pork tariffs to ensure sufficient supply and keep prices from climbing.
The "most-favored nation” tariff rates for rice were cut to 35% for one year, according to a statement issued by the presidential office on Saturday.
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