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flag The Philippines may extend its rice import ban and raise tariffs to protect local farmers amid falling prices.

flag The Philippines may extend its two-month rice import ban beyond November 2 and raise tariffs on foreign rice, pending updated data on domestic palay supply and farm gate prices. flag The suspension, started September 1, aims to support local farmers struggling with declining prices due to cheaper imports. flag President Ferdinand Marcos directed the Department of Agriculture to prepare for an extension, with final decisions based on incoming agricultural data. flag The move seeks to stabilize the domestic rice market and protect local producers.

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