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D.A. weighs foot-and-mouth disease risk of cattle imports for milk production
Gumpanat Thavankitdumrong | Dreamstime.com
FMD-free status at risk T
By Emmanuel Y. Arcalas
he government has identified ways to ensure the billions of pesos that it will spend for its live cattleimportation program would not go to waste, or worse, bring in a disease that could threaten over 21 million cloven-hoof animals in the country.
Documents obtained by the BusinessMirror showed that the Bureau of Animal Industry (BAI) has submitted to Agriculture Secretary Emmanuel F. Piñol a rapid risk assessment of foot-and-mouth disease (FMD) from the importation of live cattle from Brazil. “This rapid risk assessment will consider risks of reintroduction of FMD to the Philippines that may be associated with the importation of live cattle from Brazil,” the document read.
According to the documents, FMD is identified as a potential hazard, as it is a highly contagious viral disease of cloven-hoof animals, such as cattle, carabaos, goats, sheep and pigs, which could lead to serious economic losses. Furthermore, the documents noted that the FMD is identified as a hazard to the local livestock sector, as about 21.567 million head of cloven-hoof animals could be threatened by the virus. The risk assessment is impor-
tant, as the Philippines already imported FMD-infected cows from Brazil. The World Organization for Animal Health (OIE) recognizes the Philippines as an FMD-free country not practicing vaccination, while Brazil is recognized as having FMD-free zones where vaccination is not practiced (one zone) and FMD-free zones where vaccination is practiced (four zones). The documents noted that the Philippines has a history of live
animal importation from Brazil, which resulted in the destruction of 87 head of Murrah buffaloes out of the 2,046 head that were imported from the Latin American country vaccinated against FMD. “The Philippines, through the Philippine Carabao Center, had a history of importing Murrah buffaloes which are FMD-susceptible animals from a region in Brazil with FMD-free with vaccination status when the Philippines was Continued on A2
The brighter side of Duterte’s tax-reform initiative
E
By Roderick L. Abad | Contributor
who earn up to P250,000 annually, have already commenced since January 1, 2018. Meanwhile, levy on sugary beverages, fuel, cars and tobacco has increased from the beginning of this year. “We remain hopeful that [full] implementation will be done smoothly and efficiently,” the top executive said.
VEN if the levy on corporate and commercial properties has not been included in the initial package of the Tax Reform for Acceleration and Inclusion (TRAIN) law, real-estate players and stakeholders believe that the provisions for residential leasing will encourage growth.
“[So] we welcome the first package of Tax Reform for Acceleration and Inclusion Bill, or the Republic Act (RA) 10963, as a development in the right direction,” said Monique Pronove, CEO of Pronove Tai International Property Consultants (PTIPC). A priority measure of the government, the law was signed by
President Duterte on December 19, 2017—two decades after the previous tax code was put in place. “Twenty years is a long time, the tax code was definitely in need of a simplification to encourage compliance and increase generation,” she noted. Cuts on the personal income tax of almost 8 million employees,
PESO exchange rates n US 50.3780
On socialized housing
President Duterte leads the ceremonial signing of the 2018 General Appropriations Act and Tax Reform for Acceleration and Inclusion bill as members of Congress stand behind him at Malacañang on December 19, 2017. AP Photo/Aaron Favila
AIMED at simplifying and making the tax code fair for the property sector, the TRAIN law exempts transactions on socialized and lowcost housing worth up to P450,000 and P3 million, respectively, from value-added tax (VAT). This is an improvement from the previously exempted low-cost housing sales for units worth P1.9 million. According to Pronove, the new scheme translates to a maximum
n japan 0.4530 n UK 68.2017 n HK 6.4401 n CHINA 7.7531 n singapore 37.8982 n australia 39.7432 n EU 60.6198 n SAUDI arabia 13.4334
See “Tax,” A2
Source: BSP (12 January 2018 )