Quantcast
Latest Stories

Local hog groups urge Aquino: Strip Thai firm of tax perks


DAGUPAN CITY–With the government’s endorsement of the Charoen Pokphand Foods’ (CP Foods) plan to establish a P2.32-billion integrated production project in the country, complete with tax holidays and incentives, local players expressed fear that the Thai company would soon control the agricultural sector in the Philippines.

Rosendo So, director of the Swine Development Council, said CP Foods is already operating P7.14 billion worth of agribusiness projects in the country, such as animal and fish feed mills, and swine parent stock production farms in Central Luzon.

“Aside from the newly approved P2.32-billion project, there is a document indicating that it is requesting for inspection for importation of dressed chicken. With these projects, it is not farfetched that the agricultural sector, including vegetable production, would soon be controlled by a foreign company,” said So, also chair of the party-list group Abono.

He sought President Aquino’s help, saying since CP Foods is not bringing a “pioneering industry” in the country, the President should rescind the tax incentives given to the Thai agricultural giant.

The Board of Investments (BOI) granted a six-year tax holiday to CP Foods and a 30-percent tax incentive on importation of corn and other raw materials.

“Granting of tax holiday and tax incentives to a foreign company, which has been operating in the country for years, is not only detrimental to the local commercial players but will serve as a knockout punch to the livelihood of backyard and small and medium commercial raisers,” So said.

He lamented how CP Foods’ integrated production project was granted tax incentives by the BOI without consultation with the Department of Agriculture (DA) and local industry players.

“During the past administration, the DA was never bypassed when it comes to projects. In turn, agriculture officials consult local industry stakeholders. But now, the BOI allowed a foreign company to establish a project without any consultation,” he said.

So said local players were surprised when the BOI approved the CP Foods project because the DA rejected its application three years ago.

“Former Agriculture Secretary Arthur Yap denied the application of CP Foods. Now, Agriculture Secretary Proceso Alcala said he was not even informed by the BOI about the project, which was granted enormous tax incentives. Local industry players were not also consulted in this decision that would make backyard hog producers and local feed producers [its] first casualties,” So said.

He appealed to Aquino to protect the interests of local hog and poultry growers, farmers and feed manufacturers.

“We are hoping that President Aquino will take to heart the interest of local farmers and growers, in particular, and the country’s food security, in general, and immediately rescind the decision of the BOI to grant tax perks to CP Foods,” he said.

Earlier, lawmakers led by Batangas Rep. Mark Llandro Mendoza, chair of the House committee on agriculture and food, and Butil Rep. Agapito Guanlao, chair of the House committee on food security, asked the BOI to suspend the grant of tax incentives to CP Foods. Yolanda Sotelo, Inquirer Northern Luzon


Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: hog industry , News , Regions




Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
  1. Senator’s kickback from pork bigger than those of Enrile, Estrada, Revilla – Lacson
  2. 12 senators on Napoles ‘pork’ list, says Lacson
  3. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
  4. Sandigan junks Marcos family claim to Paoay property
  5. Delfin Lee: Blame Pag-Ibig, not me
  6. Cedric Lee’s cohort flies out of PH despite look-out order – De Lima
  7. San Juan cops fail to arrest Cedric Lee
  8. Maid confesses in killing of 2 and stabbing of employer in Laguna
  9. More ‘Yolanda’ bodies found
  10. Vitangcol to sue Czech envoy
  1. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
  2. Gigi Reyes pins blame on aide
  3. Estrada: Gigi Reyes won’t testify vs JPE
  4. Bernice Lee arrested by NBI team
  5. Enrile chief aide back in PH ‘to face charges’
  6. ‘No real progress in PH if dynasties not dismantled’
  7. Suspect in Vhong Navarro’s mauling wants to turn state witness – De Lima
  8. Reckless driver endangered lives of Aquino, entourage–report
  9. More legal woes for Cedric Lee
  10. Henares on Pacquiao bashing: I did not start this
  1. KL confirms Malaysian Airlines Flight MH370 ended in Indian Ocean
  2. MRT passengers pass the hat for 6-year-old Ashley
  3. Rookie, lady cops lauded for quick response to MOA heist
  4. Malaysia averts another air tragedy; pilot lands troubled plane safely
  5. Revilla says he was joking; Lacson stands by his story
  6. Revilla ‘consulted’ Lacson on how he evaded arrest
  7. Cudia, dismissed for lying, got 99% in conduct
  8. Kim Henares needs a reprimand, says Cayetano
  9. Hammer-wielding robbers cause chaos at Philippines’ Mall of Asia
  10. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
Advertisement

News

  • Ex-church leader nabbed for selling drugs
  • Camilla’s brother dies in US after head injury
  • Luisita farmers storm DAR compound
  • Trillanes, Ejercito confident they are not in Napoles’ list
  • Easterlies to prevail in Luzon, Visayas
  • Sports

  • Heat go up 2-0, hold off Bobcats 101-97
  • Ronaldo shakes off injury fears to play Bayern
  • Mavs roll past Spurs 113-92, even series at 1-1
  • Phelps having fun in his return to swimming
  • Murray breaks down in tears at Scottish ceremony
  • Lifestyle

  • Photos explore dynamics of youths’ sexual identity
  • 12th Philippine Food Expo set at the World Trade Center
  • No tourist draw, Malang the croc will remain wild
  • The best flavors of summer in one bite, and more
  • Homemade yogurt, bread blended with pizza, even ramen
  • Entertainment

  • Has Ai Ai fallen deeply with ‘sireno?’
  • Sony developing live-action Barbie comedy
  • California court won’t review Jackson doctor case
  • Return of ‘Ibong Adarna’
  • Practical Phytos plans his future
  • Business

  • Facebook profits triple as mobile soars
  • Insular Honors Sales Performers at Testimonial Rites
  • Apple increases stock buyback, will split stock
  • Cost-recovery provisions for affected gencos urged
  • This time, BIR goes after florists
  • Technology

  • Top Traits of Digital Marketers
  • No truth to viral no-visa ‘chronicles’
  • ‘Unlimited’ Internet promos not really limitless; lawmakers call for probe
  • Viber releases new design for iPhone, comes to Blackberry 10 for the first time
  • Engineers create a world of difference
  • Opinion

  • Editorial cartoon, April 24, 2014
  • Talking to Janet
  • Respite
  • Bucket list
  • JPII in 1981: walking a tightrope
  • Global Nation

  • Filipinos in Middle East urged to get clearance before returning
  • PH seeks ‘clearer assurance’ from US
  • China and rivals sign naval pact to ease maritime tensions
  • What Went Before: Manila bus hostage crisis
  • Obama arrives in Tokyo, first stop of 4-nation tour
  • Marketplace
    Advertisement