AIRLINK 188.75 Decreased By ▼ -0.77 (-0.41%)
BOP 12.72 Decreased By ▼ -0.05 (-0.39%)
CNERGY 7.26 Increased By ▲ 0.10 (1.4%)
FCCL 41.63 Decreased By ▼ -0.49 (-1.16%)
FFL 15.41 Decreased By ▼ -0.13 (-0.84%)
FLYNG 25.00 Decreased By ▼ -0.19 (-0.75%)
HUBC 131.99 Increased By ▲ 1.90 (1.46%)
HUMNL 14.18 Decreased By ▼ -0.14 (-0.98%)
KEL 4.73 Increased By ▲ 0.06 (1.28%)
KOSM 6.34 Decreased By ▼ -0.17 (-2.61%)
MLCF 47.75 Increased By ▲ 0.81 (1.73%)
OGDC 209.00 Increased By ▲ 6.25 (3.08%)
PACE 6.45 Increased By ▲ 0.01 (0.16%)
PAEL 42.03 Increased By ▲ 0.89 (2.16%)
PIAHCLA 16.88 Decreased By ▼ -0.15 (-0.88%)
PIBTL 8.65 Decreased By ▼ -0.06 (-0.69%)
POWER 10.72 Increased By ▲ 0.02 (0.19%)
PPL 175.50 Increased By ▲ 3.29 (1.91%)
PRL 34.94 Increased By ▲ 0.17 (0.49%)
PTC 24.26 Decreased By ▼ -0.59 (-2.37%)
SEARL 96.30 Decreased By ▼ -0.42 (-0.43%)
SILK 1.10 No Change ▼ 0.00 (0%)
SSGC 31.76 Increased By ▲ 1.18 (3.86%)
SYM 17.75 Decreased By ▼ -0.14 (-0.78%)
TELE 8.31 Decreased By ▼ -0.09 (-1.07%)
TPLP 11.80 Decreased By ▼ -0.09 (-0.76%)
TRG 63.35 No Change ▼ 0.00 (0%)
WAVESAPP 11.60 Decreased By ▼ -0.03 (-0.26%)
WTL 1.48 Decreased By ▼ -0.02 (-1.33%)
YOUW 3.95 Decreased By ▼ -0.10 (-2.47%)
AIRLINK 188.75 Decreased By ▼ -0.77 (-0.41%)
BOP 12.72 Decreased By ▼ -0.05 (-0.39%)
CNERGY 7.26 Increased By ▲ 0.10 (1.4%)
FCCL 41.63 Decreased By ▼ -0.49 (-1.16%)
FFL 15.41 Decreased By ▼ -0.13 (-0.84%)
FLYNG 25.00 Decreased By ▼ -0.19 (-0.75%)
HUBC 131.99 Increased By ▲ 1.90 (1.46%)
HUMNL 14.18 Decreased By ▼ -0.14 (-0.98%)
KEL 4.73 Increased By ▲ 0.06 (1.28%)
KOSM 6.34 Decreased By ▼ -0.17 (-2.61%)
MLCF 47.75 Increased By ▲ 0.81 (1.73%)
OGDC 209.00 Increased By ▲ 6.25 (3.08%)
PACE 6.45 Increased By ▲ 0.01 (0.16%)
PAEL 42.03 Increased By ▲ 0.89 (2.16%)
PIAHCLA 16.88 Decreased By ▼ -0.15 (-0.88%)
PIBTL 8.65 Decreased By ▼ -0.06 (-0.69%)
POWER 10.72 Increased By ▲ 0.02 (0.19%)
PPL 175.50 Increased By ▲ 3.29 (1.91%)
PRL 34.94 Increased By ▲ 0.17 (0.49%)
PTC 24.26 Decreased By ▼ -0.59 (-2.37%)
SEARL 96.30 Decreased By ▼ -0.42 (-0.43%)
SILK 1.10 No Change ▼ 0.00 (0%)
SSGC 31.76 Increased By ▲ 1.18 (3.86%)
SYM 17.75 Decreased By ▼ -0.14 (-0.78%)
TELE 8.31 Decreased By ▼ -0.09 (-1.07%)
TPLP 11.80 Decreased By ▼ -0.09 (-0.76%)
TRG 63.35 No Change ▼ 0.00 (0%)
WAVESAPP 11.60 Decreased By ▼ -0.03 (-0.26%)
WTL 1.48 Decreased By ▼ -0.02 (-1.33%)
YOUW 3.95 Decreased By ▼ -0.10 (-2.47%)
BR100 11,949 Increased By 84.1 (0.71%)
BR30 35,746 Increased By 425.5 (1.2%)
KSE100 113,485 Increased By 684.1 (0.61%)
KSE30 35,326 Increased By 289.9 (0.83%)

imageMANILA: The Philippine government will challenge a ban on imports of genetically modified products ordered by the country's top court, Agriculture Secretary Proceso Alcala told Reuters on Thursday.

Last week, the Supreme Court struck down a 2002 government regulation that allowed the import of genetically modified organisms (GMO) and imposed a temporary ban until new rules were formulated.

The order will halt the Southeast Asian country's imports of soybean meal, which amount to around two million tonnes a year and mainly come from the United States.

Nearly all of the imports are genetically modified. "What the Supreme Court is saying, I was informed, is to come up with new rules," Alcala told Reuters by telephone.

"In the meantime, there will be a motion for reconsideration to be filed once we have received a copy of the decision."

Such a request would mean there should be no ban while the new rules are being drafted, he added.

Copyright Reuters, 2015

Comments

Comments are closed.