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PBBM receives PSAC-Agriculture achievements, approves recommendations
The Private Sector Advisory Council Agriculture Sector, through its lead and La Filipina Uy Gongco Group of Companies President and CEO Aileen Christel Ongkauko and PSAC lead convener and Aboitiz Group President and CEO Sabin Aboitiz, reported to President Ferdinand ‘Bongbong’ Marcos Jr. on the completion of several work plans that will enhance the efficiency and competitiveness of the Philippine agriculture industry. One significant achievement aligned with the council's goal to expedite government transactions is PSAC's successful advocacy to remove the Authority to Release Imported Goods requirement for Agricultural Non-VAT Products. The Bureau of Internal Revenue issued Revenue Memorandum Circular No. 31-2023 on 16 March 2023 relieving importers of the burden of securing ATRIG from the BIR. The responsibility of validating imported goods and submitting importers' lists for tax audit purposes now lies with certifying government agencies. Moreover, the BIR extended this non-issuance of ATRIG to importers of goods covered by VAT exemption through Revenue Memorandum Circular No. 68-2023 issued on 13 June 2023. Another noteworthy accomplishment pertains to fish importation. Recognizing the need to meet the demand for fish during closed seasons, PSAC’s recommendation on importation of fish in Luzon from November 2022 to January 2023 and in Mindanao from December 2022 to February 2023 was well-executed. The council also emphasized the importance of strategic planning for sugar importation, and suggested that imported sugar stocks be physically present in the country between May and July 2023. In addition to these accomplishments, PSAC presented a new set of recommendations aimed at driving further economic growth and development in the country by harnessing the potential of our agricultural produce. Firstly, PSAC recommended the establishment of nationwide mother-daughter stations for rice and corn storage as part of the Food Security Infrastructure Modernization Plan. According to PBBM, such stations, also known as hub-and-spoke stations, are working efficiently in Thailand and India and worth emulating in the Philippines. These stations would help maintain a 30-day buffer stock, ensuring food security. PSAC proposed the creation of a technical working group, with PSAC's active participation, to develop and implement this plan. To encourage private sector participation, the council suggested exploring public-private partnerships for each module, with the government guaranteeing an offtake of 100,000 metric tons per module per year. Additionally, the use of hybrid seeds for rice and corn during the wet season is advised, along with selecting key farmers within a 30-kilometer radius of each daughter station. The National Food Authority will lead the work plan. Secondly, PSAC recommended granting long-term permits of 25 years, known as Fishpond Lease Agreements, for aquaculture operations in dams and reservoirs. To promote equitable competition, it is strongly encouraged that all operators adhere strictly to environmental, labor and other applicable regulations. The Department of Agriculture, Bureau of Fisheries and Aquatic Resources, Department of Environment and Natural Resources and National Irrigation Administration will work together to implement the work plans. Thirdly, PSAC proposed issuing clear policies regarding delineation areas for commercial fishing. PSAC will collaborate closely with BFAR on this to establish science-based fishing areas based on depth, not distance from shore. The council further suggested extending the terms of licenses to operate fish farming areas, promoting stability and long-term investment in the sector. PSAC will work also with DA and DENR to execute the plan. PSAC reiterated its unwavering commitment to working closely with President Marcos and the government to implement these recommendations. By doing so, they aim to contribute significantly to the sustainable growth of the Philippine economy. The post PBBM receives PSAC-Agriculture achievements, approves recommendations appeared first on Daily Tribune......»»
Fishing ban in Visayan Sea now lifted: BFAR
MANILA - The Bureau of Fisheries and Aquatic Resources (BFAR) on Friday announced the lifting of the fishing ban in the Visayan Sea.In a statement, the BFAR said no closed fishing season violators were reported."No violation was committed against the three-month ban on catching, selli.....»»
BFAR, CSAP work to ensure sardines supply
The Bureau of Fisheries and Aquatic Resources has forged a partnership with the Canned Sardines Association of the Philippines to meet the supply of sardines for canneries during the closed fishing season......»»
Maroons gain new backer, head overseas for UAAP buildup
The UP Fighting Maroons received a big boost in their UAAP Season 87 men’s basketball buildup as BPI joined the list of backers for the Diliman-based team earlier this month......»»
Kaspersky Shares Cybersecurity Tips for a Peaceful Getaway during the holy week
As the holiday season approaches, the urge to unwind and kick back is natural. And it’s all too common for people to let their guard down completely when connecting to the Internet too– but shouldn’t. Recently, the Philippine National Police (PNP) Anti-Cybercrime Group shared its findings on identity theft cases in the country. Between November […].....»»
MLB season begins
Shohei Ohtani and the Los Angeles Dodgers take center stage on Thursday as Major League Baseball’s new season gets under way on US soil against the backdrop of a gambling scandal that has engulfed its brightest star......»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
‘Danger’ level heat index recorded in 9 areas
Nine areas in the country experienced a heat index classified as “danger” level on Tuesday amid El Nino and the start of the dry and warm season......»»
UAAP volleyball enters break amid wide-open semis race
It’s the calm before the storm as teams embark on a much-needed pause ahead of an expected all-out race to the UAAP Season 86 volleyball tournaments Final Four......»»
Globe closed on an additional P1.16-B in tower sales
Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»
Holy Week 2024: A peek into 7 Metro Cebu churches for Visita Iglesia
The Lenten Season is also about reflection and prayer about the passion of Christ. There are days to fast and during the Holy Week on Maundy Thursday and Good Friday, the Catholic faithful usually practice the Visita Iglesia or the tradition to visit 7 or 14 churches, where they pray and reflect and do.....»»
Amparo steps in to replace Andales for the IBF world title bout in Japan
CEBU CITY, Philippines — In a surprising turn of events, world-ranked Jake “El Bambino” Amparo of the PMI Bohol Boxing Stable stepped in as a last-minute replacement for countryman ArAr Andales in facing the reigning International Boxing Federation (IBF) world minimumweight champion Ginjiro Shigeoka on March 31 in Nagoya, Japan. This was confirmed by PMI.....»»
Live your faith
‘Tis the season to be holy, to contemplate matters of the spirit and repent for one’s sins in hopes of redemption......»»
Quizon second in Hanoi Grandmaster tourney
Olympiad-bound International Master Daniel Quizon continued his strong showing as he finished second in the second group of the two-bracket Hanoi Grandmaster Closed Tournament in Vietnam recently......»»
MPL PH Season 13: Smart Omega stays winless; AP.Bren takes solo lead
It's been a bad start for Smart Omega as the barangay remains winless in the 13th season of the Mobile Legends Bang Bang Professional League (MPL) Philippines......»»
Big 4 Volleyball tilt marks successful inaugural season, eyes bigger tourneys soon
CEBU CITY, Philippines — The Big Four Volleyball Tournament wrapped up last weekend successfully at the Warehouse Sports Lab in Mandaue City. This grassroots volleyball tournament saw inaugural champions being crowned. The Subangdaku Trojans emerged as champions in the 13-under and the girls 14-17 divisions, while Cabancalan National High School ruled the 14-17 boys division. .....»»
In-form Quizon finishes 2nd in group at Hanoi Grandmaster chess tilt
Olympiad-bound International Master Daniel Quizon continued his strong showing after he finished second in the second group of the two-bracket Hanoi Grandmaster Closed Tournament in Vietnam recently......»»
Blazers emerge as masters of NCAA lawn tennis
College of St. Benilde flexed its muscle in lawn tennis after it mightily swept both the men’s and women’s division of the recently concluded NCAA Season 99 edition at the PCA courts in Paco, Manila......»»
eTravel pains
You know it’s a popular season for traveling when television news outlets are already reporting live from the Ninoy Aquino International Airport to check if there are already hordes of passengers preparing to leave town or the country during the Holy Week break......»»
Measles vaccine drive launched in BARMM
The Department of Health is conducting a non-selective immunization program against measles in the Bangsamoro Autonomous Region in Muslim Mindanao to contain an outbreak......»»