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Philippine agriculture performance

GROWTH in the country’s agricultural output slowed to 1.47% in the first quarter due to a marked deceleration in the expansion of the crops subsector, the biggest contributor to total production. Read the full story. The post Philippine agriculture performance appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineMay 8th, 2018

PHL growth to slow, still ‘robust’ — ADB

THE ASIAN DEVELOPMENT BANK (ADB) has slashed its Philippine economic growth projections for this year and 2019 following “stagnant” performance in agriculture and a merchandise export slowdown, even as investments continue to rise......»»

Category: financeSource:  bworldonlineRelated NewsSep 26th, 2018

Asian development outlook 2018 update

THE ASIAN DEVELOPMENT BANK (ADB) has slashed its Philippine economic growth projections for this year and 2019 following “stagnant” performance in agriculture and a merchandise export slowdown, even as investments continue to rise......»»

Category: financeSource:  bworldonlineRelated NewsSep 26th, 2018

Philippine agriculture performance (Q2 2018)

FARM OUTPUT barely grew last quarter as a drop in crops and fisheries offset increases in livestock and poultry, the Philippine Statistics Authority (PSA) reported on Wednesday, prompting economists to say that overall economic expansion in the same three months — to be reported hours ahead of today’s monetary policy meeting that is expected to […] The post Philippine agriculture performance (Q2 2018) appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 9th, 2018

Philippine agriculture performance

GROWTH in the country’s agricultural output slowed to 1.47% in the first quarter due to a marked deceleration in the expansion of the crops subsector, the biggest contributor to total production. Read the full story. The post Philippine agriculture performance appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 8th, 2018

PH agriculture output rises 1.47% in Q1

THE country’s agriculture output rose 1.47 percent in the first quarter of this year from compared to a year ago driven by growth across major subsectors, the Philippine Statistics Authority (PSA) said. In its quarterly Performance of Philippine Agriculture report, the PSA said gross value of agricultural production amounted to P444 billion in the first [...] The post PH agriculture output rises 1.47% in Q1 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 8th, 2018

Letters From Davao by Jun Ledesma

‘It was a good year’ We have seen the litany of achievements of Duterte administration. It dwarfed the entire six years of the Aquino regime. It could have done better except that it has to first fix a lot of damages wrought by an inept regime that has likewise institutionalized corruption and abetted crime the most horrific of it all – the drug syndicates.  Space or brevity must have limited some significant achievements of the  Department of Finance and am referring to the upgrades of credit ratings of the Philippines from investment grade to investment grade and stable. While early on Standard & Poor’s claimed that President Duterte’s war on drugs and alleged extra-judicial killings are factors that account for the static rating by December 2017 it grudgingly acceded that something good is happening in the Philippines under Duterte’s watch.  Finance Sec. Sonny Dominguez and his team deserves the credit. Fitch and Moody’s in their “investment grade and stable” rating in December enunciated that the issues surrounding drugs and EJK have nothing to do with the rosy economy of the country and its image as capital investment destination. The country’s economic performance for one is top in Asia and there is no turning back with the expected massive spending on infrastructures and government services starting 2018 and beyond.  The Duterte government achievements scoreboard makes the moribund opposition drooling. Still on Finance, expect the billionaires who are also the country’s tax dodgers to cough up. TRAIN or the Tax Reform for Acceleration and Inclusion gives a huge relief to 99 percent of those small taxpayers saving the ar least P50,000.00 in tax cut!  But demands and exacts the reasonable taxes from the rich especially the filthy rich. Last year sampling of Lucio Tan (P6-billion), Mighty Cigarettes (P40-billion) and the Prieto and Rufinos’ one-mile asset that they are accountable to the government in still unquantifiable amount as yet? There is a subliminal message to be absorbed why candidate Rodrigo R. Duterte refused to accept donations from the rich and famous: just pay your taxes correctly and you’re okay.  The Bureau of Internal Revenue and the Bureau of Customs are churning more collections under a continuing reforms.  President Duterte himself did dramatic and radical transformations in the area of Foreign Affairs and security. He was chided and lectured on by self proclaimed experts in diplomacy and security alliances especially with the generous expletives he is famous for. But as he admitted to the point of being apologetic, he told media men in this year’s Christmas party, “but that is me”.  Duterte’s foray into foreign affairs and diplomacy might be severely lacking in refinements but he put across his message clearly and direct and one cannot quarrel with what he achieved in such a brief moment. He virtually altered the outlook of the western countries on small sovereign nations. He overhauled alliances by an unwritten rule of mutual respect and cognizance of sovereignty. While Aquino made enemies with China which is the world’s second largest economy resulting in unquantifiable losses of opportunities Duterte reversed that with the resumption of trade, financial assistance with cheap money interest, massive infrastructure projects that will come into fruition by 2018. World leaders to include Xi Jinping of China, Vladimir Putin of Russia, PM Shinzo Abe of Japan and, to the dismay of the so-called Yellowtards, US Pres. Donald Trump who became his virtual phone pal.  The Department of Agriculture under Sec. Manny Pinol, did exemplary well. Productivity is better than expected and could have performed better if not for the natural calamities that the country has to contend with. Maybe the Bureau of Fisheries under it may try something out of the box. Propose to China to convert that disputed island into a one big marine laboratory. China provides the infrastructures while the Philippines the technical aquatic expertise. Make a 10-mile no-fishing marine haven around the island and guarded by the joint coastguard forces of China, Philippines and Vietnam. The Philippine Coconut Authority under Cabinet Sec. Jun Evasco is about to embark on a massive replanting program.  The Aquino government allocated billions of pesos to fight ‘cocolisap’ infestation but applied the wrong solution. Well, what do we expect from a certain Kiko Pangilinan? The replanting program was a big failure on account of  massive graft in high and low places. Replanting as well as new areas had been programmed by PCA.  Finally we have to give accolade to our Armed Forces of the Philippines and the Philippine National Police for combating internal threats, terrorism and syndicated crime. The AFP and PNP are more prepared and better equipped now than any other time in history. Furthermore we see a disciplined forces in the AFP and while there are a few remaining scalawags in the PNP the cleansing process is done without let-up. We from Mindanao are comfortable and secured with their presence even under the aegis of martial law. If you do not believe me look at the various surveys on the popularity and trust of Filipinos on President Duterte and his government.  This will end my perspectives for year 2017 and we look forward to 2018 the Build, Build, Build era. The beginning of the new Philippines. Mindanao and Davao City, from where I live and write, may have suffered from natural calamities but we had seen, suffered and endured worse scenarios and even man made tragedies than […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsDec 29th, 2017

Perhaps, some hope for Phl agriculture

Perhaps buoyed by the surprising positive performance of Philippine agriculture in the first quarter of 2017, there seems to be some blooming of optimism amo.....»»

Category: financeSource:  philstarRelated NewsAug 7th, 2017

DA eyes Phl rubber for condoms

MANILA, Philippines – The Department of Agriculture (DA) is conceiving a plan to boost the Philippine rubber industry’s ho-hum performance – by enticing inve.....»»

Category: newsSource:  philstarRelated NewsJan 11th, 2017

It’s a go for Yap’s trial at Sandiganbayan

The Sandiganbayan will proceed with the trial of former Agriculture Secretary Arthur Yap, now a Bohol representative, in connection with an employee car plan deemed disadvantageous to the government. In a 32-page resolution dated Dec. 5, the court's Sixth Division denied Yap's motion to quash and affirmed that the elements of valid graft charges were sufficiently stated to warrant a full-blown trial. The cases stemmed from the approval of a car plan, which, from 2008 to 2009, allowed 10 Philippine Rice Research Institute (PhilRice) employees to use the agency's funds to secure personal loans they obtained from the Philippine National Bank (PNB). Yap argued that he was absent dur...Keep on reading: It’s a go for Yap’s trial at Sandiganbayan.....»»

Category: newsSource:  inquirerRelated News18 hr. 7 min. ago

No more miracles: Vietnam ousts Philippine Azkals | Inquirer Sports

HANOI - There was no repeat of the Miracle in Hanoi. A courageous performance wasnt enough for the Philippines on a cold Thursday night as the Azkals saw their 2018 AFF Suzuki Cup run come to an end a.....»»

Category: newsSource:  manilanewsRelated NewsDec 7th, 2018

Duterte wants coconut agency board members to resign

Ahead of the enactment of the coconut levy fund bill, President Duterte wants executives of the Philippine Coconut Authority (PCA) to tender their courtesy resignations, according to Agriculture Secretary Emmanuel Piñol......»»

Category: newsSource:  philstarRelated NewsDec 5th, 2018

2018 Suzuki Cup: Azkals look to recreate Miracle in Hanoi as as they fight for survival vs. Vietnam

The Philippine Men's National Football team will need another Miracle in Hanoi when they take on Vietnam in the second leg of the 2018 AFF Suzuki Cup Semifinals, Thursday evening at the My Dinh National Stadium. The Azkals will be heading into Thursday's match down 2-1 on aggregate, and will need the performance of a lifetime if they wish to finally slip into the tournament's finale.  Vietnam got off to an early start in the first leg of the semifinals, with Nguyen Anh Duc hitting early.  Patrick Reichelt managed to even things up before halftime, but Vietnam went ahead once more, early in the second half thanks to Phan Van Duc, and never looked back.  With their Suzuki Cup lives at stake, the Philippines will hope to recreate some magic from years past. December 5, 2010, eight years and a day prior to Thursday's crucial matchup, a relatively unheralded Azkals side, led by a young Phil Younghusband and veteran Chris Greatwich, authored what would come to be known as "The Miracle in Hanoi".  Younghusband and Greatwich both scored to help lead the Azkals - who failed to qualify for the tournament's previous staging - to a 2-0 victory over then-defending champions Vietnam in the 2010 Suzuki Cup group stage. The win would help propel the Philippines to that year's semifinals. While it would be the Azkals' only win during that tournament, it was a landmark moment in Philippine football history, as it effectively jumpstarted the sport's popularity in the country.  Eight years and a day later, team captain Younghusband and Assistant Coach Greatwich, as well as the rest of the Philippine Azkals look to score another landmark win for Philippine football.  Kick-off time is at 8:30 PM, Manila time. .....»»

Category: sportsSource:  abscbnRelated NewsDec 5th, 2018

Sta. Lucia eyes massive upset over Petron in PSL quarters

Its performance in the preliminaries may be forgettable, but Sta. Lucia vowed to spring a surprise when it clashes with Petron in the quarterfinals of the Philippine Superliga All-Filipino Conference......»»

Category: newsSource:  philstarRelated NewsDec 5th, 2018

Catriona Gray to include ‘entire Philippines’ in Miss Universe national costume

When it comes to her performance and outfits for the upcoming Miss Universe 2018 beauty pageant on December 17 in Thailand, it is going to be “all or nothing” for Philippine bet Catriona Gray......»»

Category: newsSource:  philstarRelated NewsNov 27th, 2018

Can the Philippines Really Trust the People’s Republic of China?

During Chinese President Xi Jinping’s recent visit to the Philippines, total of 29 agreements signed between Xi and Philippine President Rodrigo Duterte. Everything from “trade and investment, banking and finance, infrastructure, agriculture, education, culture and people-to-people exchanges,” all the way to a “memorandum of understanding (MOU) on cooperation on oil and gas development in the West Philippine Sea” as reported by the Philippine News Agency (PNA) ........»»

Category: newsSource:  philnewsRelated NewsNov 25th, 2018

Farm sector gets policy boost from BSP, stakeholders

The agriculture sector only has access to a small fraction of the Philippine banking system resources despite accounting for almost a tenth of the local economy and employing a tenth of the Filipino population, the central bank said on Friday. Given this, the Bangko Sentral ng Pilipinas wants financial institutions and agricultural firms to explore new ways of making bank loans more readily available to farmers who are presently constrained from ramping up production due to funding constraints. "The percentage of loans for production and economic activity for agriculture, along with fisheries and forestry, is a paltry 2.9 percent, while the credit gap currently sits at P367 billion...Keep on reading: Farm sector gets policy boost from BSP, stakeholders.....»»

Category: newsSource:  inquirerRelated NewsNov 23rd, 2018

PH Eyes Imposing Tariffs on Palm Oil Imports

The Philippine government is considering the imposition of tariffs on imported palm oil, as it takes measures to deal with the flooding of this product in the country, Agriculture Secretary Manny Piñol said Thursday. “For the next 200 days, we could impose tariffs on these items so that we will be able to protect our […].....»»

Category: newsSource:  metrocebuRelated NewsNov 23rd, 2018

Underfunded agri sector gets policy boost from BSP, industry stakeholders

        Friday's forum, co-hosted with the Philippine Chamber of Agriculture and Food, Inc. (PCAFI), aims to showcase financing opportunities for banks and facilitate meaningful interaction between agri enterprises and senior bank executives toward improved agricultural financing.   The agriculture sector only has access to a small fraction of the Philippine banking system resources despite accounting for almost a tenth of the local economy and employing a tenth of the Filipino population, the central bank said on Friday.   Because of this, the Bangko Sentral ng Pilipinas (BSP) wants financial institutions and agricultural firms t...Keep on reading: Underfunded agri sector gets policy boost from BSP, industry stakeholders.....»»

Category: newsSource:  inquirerRelated NewsNov 23rd, 2018

ONE Championship: A win away from a second title run, greatness once again within reach for Eduard Folayang

Eduard Folayang’s mixed martial arts career can best be described as ‘up-and-down.’ Throughout his eleven year career as a professional MMA fighter, Folayang has reached the highest of highs and has fallen to the lowest of lows, and his current run in ONE Championship is no different. In 2016, following a run that saw him go 6-3 in the promotion, Folayang reached pinnacle of his career after dethroning Japanese MMA legend Shinya Aoki to become the ONE Lightweight World Champion. Another high in the career of the Baguio City native, who many considered to be the face of Philippine MMA at that point. Then, a year later, as the trend in his career goes, Folayang was knocked off from his spot at the top and was sent crashing down courtesy of a right hand from Martin Nguyen. Just like that, Folayang was again in a valley. The 35-year old is no stranger to adversity. He was able to rise back up in 2016, and now, he’s done just that again. A little over a year after losing the belt to Nguyen in Manila, Folayang gets a shot at history, but more importantly, he gets a shot at redemption. At ONE: Conquest of Champions in Manila, Folayang has the opportunity to become a two-time world champion when he meets Singapore’s Amir Khan for the vacant ONE Lightweight World Champion. If Folayang pull it off, he becomes the first two-time ONE Lightweight World Champion in the promotion’s history. If Folayang pulls it off, he recaptures the crown in the very same arena that he lost it in, just twelve months prior. “Siyempre masayang-masaya ako, kasi it took me one year ulit para maka-balik sa title picture, and pinag-hirapan naman natin,” Folayang told ABS-CBN Sports. “We faced two undefeated Russians and naging dominant naman yung performance natin, and for sure, napaka-exciting yung magiging laban na ito, especially since tinalo ni Amir Khan yung teammate natin na si Honorio Banario, so it will be a good fight for both of us.” Folayang knows all too well how his career has gone, and the former Wushu standout says that in order to be able to keep moving forward, one must not keep himself in the past. Whether wins or losses, “Landslide” says that he does not dwell on them too much. “Hindi tayo nagde-dwell sa past, kasi kung magde-dwell ako sa mga past victories tsaka mga defeat, parang hindi ako magmo-move on.” “ Kaya dun natin na-aappreciate ang martial arts, it’s really a journey kung saan sasabihin natin na tapos na tayo or na-achieve na natin yung highest na standard kasi in some ways, we will win some and some ways we will lose, pero  yung napaka-ganda doon ay kapag natatalo tayo, mayroon at mayroon tayong chance para ayusin yung areas na nagkamali tayo at magkaroon ng chance para manalo ulit and as much as possible maibalik natin yung nawala sa atin,” he continued. As far as second chances go, Folayang has had his fair share. Now, he gets another chance at being the top lightweight in the promotion, and he believes it’s all because he never quit, even after all the adversity he has faced in his career. “Yun yung pinaka-masaya dito sa pagiging isang martial artist, we are given a second chance as long as we are breathing and as long as we never give up.” Folayang’s road back to the championship picture took him a little over 365 days. In that period, Folayang proved that he was still a top-tier lightweight after defeating a pair of undefeated Russian grapplers in Kharun Atlangeriev and Aziz Pahrudinov. When Martin Nguyen vacated the belt back in September, immediately, Folayang was in the front of the line in terms of contenders. In that 12-month period, Folayang admits that it wasn’t the easiest. Having to deal with such a loss and then having to work your way back isn’t a walk in the park. But the former champion believes that it was necessary for him to go through that in order to evolve even more. “Yung journey, every day talaga, kailangan mo din mag-struggle, mag-struggle na kung saan you will always aim to improve, you will always aim to learn kung ano yung strengths and weaknesses ng kalaban mo until you will go on that day na parang mag-eexam ka ulit and you will see na if you have improved after a year or not,” he shared. 378 days removed from his title loss, Folayang gets to test himself again, and if he passes, he becomes the top dog in the lightweight division. “Yung pinaka-test ko ulit after losing that belt is this coming November 23, and I’m excited going into that battle again. Sana maging two-time world champion.” Very rarely do fighters go undefeated in their professional careers, and they say that the true test of a champion is how he or she bounces back from adversity or defeat. Time and time again, Folayang has managed to bounce back. When people thought that he would never reach the top, he proved them wrong by becoming a champion. When people thought that he was done, he again proved them wrong by being where he is now. It’s through these kinds of struggles, Folayang says, that one learns about himself. It’s this kind of pressure that molds one to become a champion. “I believe na nakakatulong din [yung mga setbacks], although as much as possible din, ayaw natin ng ganun,” he said. “Pero siguro sa buhay hindi mo talaga masasabing upward palagi yung improvement, minsan talaga madudulas ka para makita mo yung space kung saan mag-iimprove ka pa, and makikita din talaga natin na everyone is improving, hindi lang tayo yung nag-iimprove tapos tapos na, no. “Everybody is chasing greatness, and kapag nagkamali tayo, maabutan tayo, pero we need to come up stronger ulit,” he added. At ONE: Conquest of Champions, Folayang once again finds himself one win away from a second run as the ONE Lightweight World Champion. Once again, greatness is within reach for Eduard Folayang.   Eduard Folayang meets Amir Khan for the vacant ONE Lightweight World Championship at ONE: Conquest of Champions this Friday, November 23rd at the Mall of Asia Arena in Manila. Catch the action LIVE on ABS-CBN S+A channel 23 beginning at 8:30 PM! .....»»

Category: sportsSource:  abscbnRelated NewsNov 23rd, 2018

F2 Logistics, Generika-Ayala end first round on high note

Generika-Ayala closed the first round on a high note as it hammered a 26-24, 20-25, 25-17, 25-19 victory over Cocolife in the Philippine Superliga All-Filipino Conference Thursday at the Filoil Flying V Centre. Head coach Sherwin Meneses missed the action, but it didn’t matter as the Lifesavers unleashed their balance attack to cruise to their fourth straight win. Also marching into the second round with high morale is F2 Logistics, which dominated Smart, 25-11, 25-22, 25-17, in the second game. Majoy Baron fired 11 attacks, two blocks and two aces while Kim Fajardo chalked up 29 excellent sets laced with seven hits for the Cargo Movers, who improved to 5-2. With the victory, Generika-Ayala forged a tie with idle Cignal at the fourth spot with a 4-3 win-loss mark. Patty Orendain led the scoring parade with 22 points while Fiola Ceballos unleashed an all-around performance of 20 markers, 13 digs and 13 excellent receptions for the Lifesavers, who gained confidence after bringing down powerhouse F2 Logistics in four sets two weeks ago. Angeli Araneta and Ria Meneses were also impressive as they chipped in 18 and 10 markers, respectively while prized libero Kath Arado registered 31 digs and 21 excellent receptions in a match that took almost two hours to conclude. “We started the conference with three straight losses. That was tough. But when we won over F2 Logistics, that’s when things turned around for us,” said Generika-Ayala assistant coach Parley Tupaz. “After that win, we gained confidence, we were able to play at our best.” Tupaz, who called the shots in lieu of Meneses who was abroad to attend an FIVB coaching course seminar, added that although they remain a work in progress, they are glad that they are slowly developing their chemistry and cohesion needed for the tough grind ahead. “Although there’s still a lot to work on but we’re happy that we’ve managed to get to where we are right now while working hard for what we want more.” Filipino-American spiker Kalei Mau tallied a game-high 26 points, 12 digs and 16 excellent receptions for Cocolife, which slid to 1-6. Alex Tan and Arianna Angustia also contributed 10 markers apiece......»»

Category: sportsSource:  abscbnRelated NewsNov 22nd, 2018