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Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
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.....»»
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.....»»
Government OKs higher 60,000 MT potato imports at lower tariff
The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»
Salt Substitutes Lower Risk of High Blood Pressure by 40% – The Daily Guardian
New Study Finds Salt Substitutes Can Lower the Risk of High Blood Pressure Excessive salt consumption has long been recognized as a major risk factor.....»»
Philippines gets 25,000 MT US sugar allocation
Washington has given Manila the green light to export 25,300 metric tons raw value of raw sugar to the US at lower tariff rates, the US Trade Representative announced recently......»»
Investors swarm T-bond auction
Investors swarmed the latest offering of long-term securities, resulting in slightly lower rates and allowing the government to raise P30 billion......»»
Meralco power rates down this month
Energy utility provider Manila Electric Co. has estimated a lower generation charge this month......»»
Semirara income drops 30% to P27.9 billion
Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»
Laurel pushing for lower food freight costs
The country’s prevailing freight rates on agricultural shipments must be “discounted” to keep food prices nationwide “affordable,” Agriculture Secretary Francisco Tiu Laurel said. Laurel said that he would propose to the Philippine Ports Authority to implement a “discounted” freight rate for agricultural and food products......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
NorthPort sails to 4th straight win
Red-hot NorthPort didn’t miss a beat, coming out of a long break with a coast-to-coast romp over Talk ‘N Text, 112-96, to stay within the leaders’ pack in the PBA Philippine Cup yesterday at the Smart-Araneta Coliseum......»»
Jennylyn, Dennis excited na sa bagong movie together after 14 years
SABIK na sabik na ang mag-asawang Jennylyn Mercado at Dennis Trillo sa reunion movie nila together! Sa isang Instagram post, ibinandera ni Dennis ang video nila ni Jennylyn na super sweet sa isa’t-isa. Makikita ang video text na ang nakalagay: “May bagong movie kami!!! Yeah hey!” pati na rin ang titulo ng upcoming project nila.....»»
Zenaida Seva pumanaw na: ‘Mayroon tayong free will, gamitin natin’
PUMANAW na ang renowned astrologer na si Zenaida Seva ayon sa malapit nitong kaibigan na si Jessica Zafra. Sa kanyang series of Instagram stories ay ibinahagi ni Jessica na nakatanggap siya ng text message mula sa number ng kaibigan na nagsasabing pumanaw na ang astrologer. “Zenaida was my wise friend and movie buddy in the.....»»
The bill to increase the national minimum wage
Preface to today’s column: I spoke before the House Committee on Labor and Employment on the above subject using but not reading the prepared text below......»»
SPD denies prison break report
The Southern Police District yesterday belied circulating audio recordings and text messages about the alleged escape of three inmates facing rape, homicide and murder charges......»»
REVIEW: Reconstructed History
Davao: Reconstructing History from Text and Memory, 2nd editionAuthor: Macario D. TiuResearch and Publication Office, Ateneo de Davao University, 2021, 571 pages Postcolonial feminist scholar Saidiya Hartman’s revelatory essay titled “Venus in Two Acts” (2008) probes the politics and limits of the archives: how they can distort and silence narratives of African girls in a […].....»»
‘Why we need to amend the restrictive economic provisions’
In today’s column, I will publish the full text of the testimony I submitted to the Senate subcommittee on the Joint Resolution of both Houses No.6, which was convened on Feb. 5, 2024 at the Senate Session Hall, Senate of the Philippines......»»
Mayor Honey warns vs poser FB account
Manila Mayor Honey Lacuna sought the help of the media in disseminating the information that there is a poser Facebook account using her name. In a text message to members of the Manila City Hall Reporters’ Association (MACHRA), the lady mayor said: “Para po sa kaalaman ng lahat, mayroon pong kumakalat na poser Facebook account […].....»»
Duterte has stopped taking fentanyl before becoming President — Panelo
MANILA, Philippines — Former President Rodrigo Duterte stopped taking Fentanyl even before his election as the chief executive of the country in 2016, according to his then chief legal counsel, Salvador Panelo. President Ferdinand R. Marcos Jr. on Monday alleged that the former president is taking fentanyl. In a text message to INQUIRER.net, Panelo reiterated.....»»