Marcos inks new tariffs under RCEP deal

tariff lines.

TARIFFS on many imported goods will go down by June 2 under the terms of the Regional Comprehensive Economic Partnership (RCEP), Trade Secretary Alfredo Pascual said Thursday.

President Ferdinand Marcos Jr. will sign an executive order on the new tariff schemes, Pascual added.

Pascual said the order will be the basis for the Bureau of Customs to issue an administrative order to be distributed to all ports to allow preferential tariffs on imports from RCEP member countries.

Pascual allayed concerns that cheap imports will push out local agricultural products.

CPP confirms death of Tiamzons

By Charles Dantes

THE Communist Party of the Philippines confirmed Thursday the deaths of its high-ranking officials Benito Tiamzon, Wilma Austria-Tiamzon, and eight others—a group the party called the Catbalogan 10—during a firefight in Samar last year.

The Tiamzon couple were convicted in 2020 for kidnapping and serious

Bantag sends surrender feelers

By Rey E. Requejo

JUSTICE Secretary Jesus Crispin Remulla revealed Thursday that fugitive from justice Gerald Bantag, former Bureau of Corrections (Bucor) director general, who was ordered arrested by two trial courts on murder charges, has sent surrender feelers.

Remulla stressed Bantag’s intention to surrender was confided to him by his colleague in the Cabinet several days

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PH formally marks Eid’l Fitr on Saturday

MUSLIMS

The draft EO was among the measures approved by the National Economic and Development Authority (NEDA) board, which Marcos chairs.

He said the draft EO will also maintain current preferential tariffs on about 98.1 percent of the 1,718 agricultural tariff lines and 82.7 percent of the 8,102