MANILA, Philippines — President Ferdinand Marcos Jr. has imposed a zero duty for three years on the main material in producing finished tin products used in the canned food industry. The move is seen to reduce production costs and stabilize the supply chain, and consequently lower the prices of canned goods and products. President Marcos issued Executive Order No. 104, temporarily reducing the standard import duty on tin-mill black plate (TMBP) from 3 percent to zero. TMBP is the primary material used in producing tin plates (TP) and tin-free steel (TFS) used for canned foods like sardines, tuna and pineapple; […]... Keep on reading: Marcos lifts import duty on canning raw material for 3 years