Marcos files bill scrapping iodization requirement for locally-made salt - BusinessWorld Online

United Kingdom News News

Marcos files bill scrapping iodization requirement for locally-made salt - BusinessWorld Online
United Kingdom Latest News,United Kingdom Headlines
  • 📰 bworldph
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 68%

“Local salt producers will now be able to access assistance provided under the ASIN Law without the requirement for iodization, giving the industry much needed technology transfer, capital, and support services,” Sen. Imee Marcos said. READ:

PHILIPPINE STAR/EDD GUMBAN

A BILL that will remove the iodization requirement for locally-produced salt has been filed at the Senate.Local salt producers will now be able to access assistance provided under the ASIN Law without the requirement for iodization, giving the industry much needed technology transfer, capital, and support services,The measure seeks to amend Republic Act 8172 or the ASIN law to encourage rather than require producers to iodize the salt they produce, manufacture, import, trade or distribute.

The senator added that salt import is expected to further increase due to the passage of Republic Act 1024, or the Coconut Farmers and Industry Trust Fund Act, as it will create an additional demand of at least 300,000 metric tons of salt per year to fertilize coconut farms.Ms. Marcos said.“The requirement for iodization is a significant barrier for salt producers to access both market and government funding,” she added.

Citing the Department of Agriculture, the senator said that the Bureau of Fisheries and Aquatic Resources has yet to use its P100-million budget from 2021 to strengthen salt production.There is a need to remove the iodization requirement for local salt producers to allow them access to both the market and for government assistance,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

bworldph /  🏆 9. in PH

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marcos okays VAT refund for foreign touristsMarcos okays VAT refund for foreign touristsPresident Ferdinand Marcos Jr. has approved the Value-Added Tax Refund Program for foreign tourists by 2024 to boost tourist arrivals
Read more »

President Marcos okays VAT refund for foreign touristsPresident Marcos okays VAT refund for foreign touristsPresident Ferdinand Marcos Jr. has approved the implementation of the VAT Refund Program for foreign tourists by 2024 in an effort to boost tourist arrivals in the country, Malacañang said. | JeromeAningINQ /PDI
Read more »

Ex-NSA Carlos denies submitting report on onion smugglers, hoarders to MarcosEx-NSA Carlos denies submitting report on onion smugglers, hoarders to MarcosFormer National Security Adviser Clarita Carlos on Monday denied that she submitted a report to President Ferdinand “Bongbong” Marcos Jr. identifying the personalities supposedly linked to smuggling and hoarding of onions.
Read more »

Power for Marcos eyed vs PhilHealth premium | Jovee Marie de la CruzPower for Marcos eyed vs PhilHealth premium | Jovee Marie de la CruzLAWMAKERS led by Speaker Ferdinand Martin G. Romualdez are pushing for the passage of a bill empowering the President to suspend the increase in premiums of the Philippine Health Insurance Corp. (PhilHealth) “direct contributors,” including employees. In filing House Bill (HB) 6772, Romualdez said the suspension of the adjustment would…
Read more »

Marcos son’s House job not surprising, analysts say - BusinessWorld OnlineMarcos son’s House job not surprising, analysts say - BusinessWorld OnlineTHE HIRING of President Ferdinand R. Marcos, Jr.’s youngest son as a “special assistant” to the Speaker is not surprising, political analysts said at the weekend, noting that this is his prerogative. “It’s well within his functions to create these temporary positions that would theoretically ease his job as the Speaker,” Jean S. Encinas Franco, […]
Read more »

Marcos signs EO adopting PH devt planMarcos signs EO adopting PH devt planPresident Ferdinand Marcos Jr. has signed an Executive Order (EO) approving and adopting the Philippine Development Plan (PDP) which will serve as the country's roadmap for...
Read more »



Render Time: 2025-03-01 19:28:46