Thoroughness is the key for tariffs to result in triumphs for both consumers and producers. This is especially important today since tariff charges are being considered to address our pork crisis. The pork price has significantly increased, partly causing an inflation uptick that should be controlled immediately. Tariff levels are a critical strategy for national economic development. If they are too high, they cuddle inefficient local producers. Consumers lose because they are forced to buy unnecessarily expensive products. If tariffs are too low, our producers will not be able to compete with imported products. Jobs will be lost and, with few options available, poverty will increase. The pork tariff levels today appear to have been working well. They are now at 40 percent. A small volume of 54,000 tons is given an in-quota 30-percent tariff because of special negotiated agreements. There is currently a proposal that for the targeted 400,000 imported tons, the 30 ... » Learn More about Tariffs, triumphs and thoroughness
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The outbreak of the African swine fever (ASF) was first officially recorded in September 2019 in one of the backyard hog raisers in Rodriguez, Rizal. Animal scientists hypothesized that the ASF virus must have originated from leftover food (kaning baboy or swill in the local language) collected by backyard hog raisers from major restaurants and hotels in Metro Manila and then fed to their pigs. From there, the virus spread to Bulacan and other Central Luzon provinces where carcasses of infected animals were sold or used by meat processors. At present, around half of the country’s provinces located in nine regions have been hit by the ASF. Most of those affected are located in the island of Luzon, particularly Central Luzon and the Calabarzon regions which produced 18.2 percent and 17.2 percent, respectively (more than 35 percent), of total hog production in 2019. Impacts on supply and prices As a result, total hog population, which is estimated by the Philippine Statistics ... » Learn More about ASF and the recovery of our local hog industry
People mill about in front of a poster for the licence auction. Wichan Charoenkiatpakul After years of hype, hope and techno-futuristic promises, Thailand will finally see the beginnings of the fifth generation of wireless broadband as the nation's telecoms bet big on 5G. On Feb 16, the three major mobile operators and two state telecom enterprises bid a combined 100 billion baht at the auction for the spectrum required to set up 5G infrastructure. The high winning prices raised eyebrows among industry experts, media outlets and the general public. The haul the state raised is the envy of neighbouring governments and a big blow to the budgets of domestic telecom companies. The auction for three spectrum ranges ran for over five hours with a total of 23 rounds of bidding, raising some 30 billion baht more than targeted by the National Broadcasting and Telecommunications Commission (NBTC). The high bidding prices came as a surprise, as telecom companies had earlier loudly ... » Learn More about 5G is about to be real
A woman walks past the Google offices in Dublin. On Wednesday the internet giant announced the end of targeting ads based on individual users' web-browsing behavior. Alphabet Inc.'s Google has crushed almost all its competitors in the world of digital-advertising technology. But one rival is emerging as the best hope to challenge the tech giant--if it manages to keep up its momentum. The Trade Desk Inc., which specializes in helping companies buy online ads across publishers' websites, has done what others failed at: eating into Google's share of the market. While Google dominates that area of ad-buying with about 40% of the business, Trade Desk is up to nearly 8% and its share is growing faster than Google's, according to ad-tech consultancy Jounce Media. Trade Desk has made inroads versus Google by investing in online advertising segments like audio and streaming TV where Google hadn't already cornered the market. Pandemic-struck 2020 was especially good for business. ... » Learn More about Google Crushed Many Digital Ad Rivals. But a Challenger Is Rising.