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Philippines struggles to lower rice price despite ample supply
MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»
‘Rice retail prices down by P2/kilo’
The retail prices of rice decreased by P2 per kilo as well-milled rice went down to P52 per kilo compared to the previous P54 per kilo, according to farmers’ group Samahang Industriya ng Agrikultura......»»
Rep. Wilbert Lee: P20 per kilo of rice still possible
CEBU CITY, Philippines — The promise of President Ferdinand Marcos Jr. to lower the price of rice to P20 per kilo remains doable if House Bill No. 9020 or the “Cheaper Rice Act” is passed into law, Agri Partylist Representative Wilbert Lee said. Under his proposed bill, Lee said that the government will have to.....»»
High rice prices to persist until September – DA
Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»
PCC, Australia’s competition authority ink MOU to boost cooperation
The Philippine Competition Commission has tied up with the Australia Competition and Consumer Commission as part of initiatives to step up competition law enforcement......»»
CLI secures PCC approval for JV with Singapore builder
Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»
First power privatization under President Marcosgets PCC nod
The country’s antitrust agency has cleared the first power privatization project under the Marcos administration as the deal is unlikely to reduce competition in the market......»»
PCC clears Aboitiz purchase of local Coca-Cola company
The Philippine Competition Commission has cleared the Aboitiz Group’s acquisition of Coca-Cola Beverages Philippines Inc., paving way for the closing of the transaction by the end of the month......»»
ABS-CBN clarified PCC has not completed its review of broadband business sale to PLDT
ABS-CBN clarified that the Philippine Competition Commission has not completed its review of the proposed P6.8 billion sale of Sky Cable’s broadband business to PLDT......»»
La Union local water suppliers urged to examine current supply woes
La Union Gov. Raphaelle Ortega-David called on local water suppliers in her province to assess the current water supply situation in La Union and address challenges amid the drought being experienced throughout the province......»»
DENR to assess abandoned fishponds for mangrove restoration
A document signed by Environment Secretary Maria Antonia Yulo-Loyzaga on February 26 ordered the immediate assessment of AUU areas in Bicol region, Western Visayas, and Zamboanga Peninsula. .....»»
How to Budget for Hobbies Without Hurting Your Wallet
Life’s a balancing act, and sometimes that means finding room for the things that bring us joy – our hobbies – even during these trying times. It’s what keeps us sane. However, before you splurge on the latest instrument or that coveted workshop tool, it’s crucial to assess your financial situation. Here’s how to determine […].....»»
BSP steps up consumer protection program
The Bangko Sentral ng Pilipinas is adopting a framework which will assess any business conduct or practices that may cause harm to financial consumers......»»
Agusan del Norte residents rebuild lives after armed conflict
A team from the International Committee of the Red Cross (ICRC) visited Barangay Puting Bato in March 2023 to assess the condition of the displaced people......»»
Pentagon study finds no sign of alien life in reported UFO sightings going back decades
WASHINGTON — A Pentagon study released Friday that examined reported sightings of UFOs over nearly the last century found no evidence of aliens or extraterrestrial intelligence, a conclusion consistent with past U.S. government efforts to assess the accuracy of claims that have captivated public attention for decades. The study from the Defense Department’s All-domain Anomaly.....»»
Agusan del Norte residents rebuild lives after armed conflict
A team from the International Committee of the Red Cross (ICRC) visited Barangay Puting Bato in March 2023 to assess the condition of the displaced people......»»
HMOs, insurers undertaking study on morbidity
A morbidity study among health maintenance organizations (HMOs) and insurance firms is underway in order to assess current market rates and capitalization requirements......»»
DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake
The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»
A technological revolution : Is Hong Kong ready for AI?
The survey, conducted online in December 2023, aimed to assess Hong Kong's AI competencies within the country’s financial services, shedding light on both the challenges and opportunities organizations encounter in integrating AI in their businesses. .....»»
UN special rapporteur Khan arrives in the Philippines
United Nations special rapporteur Irene Khan has arrived in the Philippines on Monday to embark on a 10-day visit to assess the state of free expression and press freedom in the Philippines......»»