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EDITORIAL - NFA housecleaning

With rice retailed at P20 per kilo still stuck in the realm of aspiration, a scandal has erupted in the National Food Authority, which is tasked to maintain a rice buffer stock for the country by buying from local farmers......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Ombudsman suspends NFA execs amid cheap rice sale probe

Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Gwen orders to halt Cebu BRT construction in heritage buffer zones

CEBU CITY, Philippines —  Gov. Gwendolyn Garcia has ordered proponents of the Cebu Bus Rapid Transit (BRT) to halt civil works near Fuente Osmeña and the Capitol building for heritage protection purposes. Garcia has issued a memorandum, addressed to the Cebu BRT Team and the contractor, Hunan Road and Bridge Construction Group Ltd., to cease.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Meralco rates up this month

Household consumers should expect higher electricity bills this month as energy utility provider Manila Electric Co. increased rates by P0.4621 per kilowatt hour, to P11.4139 per kWh from P10.9518 per kWh last month......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

Search for missing labor activist expands in 1st month of disappearance

It has been more than a month since his disappearance but Lariosa remains missing. The effect of his abduction rippled down to other organizers in the Southern Mindanao region. The United Nations (UN) has identified that enforced disappearance is a frequently used strategy to spread terror, not only to the close relatives of the disappeared but also to their communities. The post Search for missing labor activist expands in 1st month of disappearance appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 14th, 2024

Inflation ticks up to 3.8% in April - The Manila Times

MANILA, Philippines: Inflation slightly accelerated last month due to increases in key food items, the Philippine Statistics Authority reported on Tuesday. For three consecutive months, inflation picked up 3.8 percent in April from March's 3.7 percent but was lower than the 6.6 percent recorded in the same month last year. It is well within the estimate of the Bangko Sentral ng Pilipinas (BSP) for the month at 3.5- to.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

It’s Filipino Food Month 2024

After last month’s celebration of Women’s Month, we are off to the next big event to toast local food......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Police: Beware of online ‘love scams’ this love month

CEBU CITY, Philippines – Authorities here are reminding the public to not be swayed by sweet words and fake promises and end up as victims of “love scams” especially this love month On the second day of the month of February, Police Lieutenant Colonel Janette Rafter, Deputy Director for Operations of the Cebu City Police.....»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024

Airfares to go down next month

Filipinos planning to go on summer trips may start booking their flights next month to take advantage of cheaper airfares as the government cut the fuel surcharge for the second month in a row......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

5150 CamSur is back next month

After a six-month postponement, the 5150 Triathlon CamSur homecoming is finally pushing through next month with a diverse cast of seasoned campaigners and emerging racers, including age-groupers, showcasing their prowess in various disciplines against the scenic backdrop of Camarines Sur......»»

Category: sportsSource:  philstarRelated NewsJan 15th, 2024

Credit growth climbs to 11-month high in March

Consumer loans jumped by 25.4 percent to P1.32 trillion in March, slightly faster than the 25.2 percent expansion a month ago......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2024

Loan growth climbs to 9-month high in February

Loan growth further accelerated for the third straight month in February, growing by 8.6 percent from 7.8 percent in January, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Oil prices hit fresh five-month high

Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Banks’ NPL ratio eases to 3.41 percent in November

The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

March inflation may pick up amid high food prices

Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

German manufacturing hits four-month low - S& P Global

Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed.   .....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

Roosevelt Memorial High School homesite homecoming

Isasagawa ng Roosevelt Memorial High School-Homesite ang Alumni Homecoming at Reunion nito na gaganapin sa darating na Abril 7, 2024, sa Marikina Convention Center sa Barangay Concepcion 2, Marikina City. The post Roosevelt Memorial High School homesite homecoming first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

9 Negros Occidental LGUs cancel classes due to high heat index

Nine local government units in Negros Occidental have canceled classes in public and private elementary and high schools for two days following reports of high heat indexes......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024