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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.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Government OKs entry of 1st foreign satellite operator

Satellite provider Intelsat has become the first foreign company to secure regulatory clearance to sell its services in the Philippines to broadband and mobile operators......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

Government urged to invest on boosting internet connection

Concerned stakeholders are urging the government to focus more on boosting the Philippines' investment in broadband connections, noting the growing need for faster and better internet connection among Filipinos......»»

Category: newsSource:  philstarRelated NewsMay 27th, 2024

Globe profit down to P6.8 billion in Q1

Mobile giant Globe Telecom Inc. incurred another quarter of lower profit as it reeled from broadband losses and quicker depreciation......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Philippines internet divide expanding

According to an April 4 World Bank blog report titled “Upgrading Philippine Internet for Faster and Inclusive Growth,” jointly written by Naoto Kanehira, Mitch Abdon and Mary Grace Mirandilla-Santos, the access gap in broadband internet between the rich and the poor in the Philippines has been rapidly expanding, making digital opportunities out of reach for many......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Group bats for lease-free broadband connectivity for digital economy growth

A digital advocacy network said that the Philippines should lift the lease payments for the setup of internet connection, emphasizing that it will have a positive impact on Filipino web users......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

Digital connectivity space tackled in amendments to National Building Code

A pending legislation at the House of Representatives amending the 47-year-old National Building Code of the Philippines would make it more responsive to the broadband connectivity demands of a digital economy, a citizen advocacy group said......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Converge doubling capex in 2024

Broadband provider Converge ICT Solutions Inc. is doubling its capital expenditures to as much as P19 billion this year to pay for new projects that aim to improve customer experience......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

So long to Sky Cable

News is out that Sky Cable will sign off by month’s end, making it the second major broadcast carrier and communications conglomerate to write 30 in as many months, after CNN Philippines last January. PLDT’s purchase of the cable provider has finally been approved by the concerned agencies, so Sky pay TV will transition to Cignal while still retaining its broadband service......»»

Category: entertainmentSource:  philstarRelated NewsFeb 14th, 2024

As door closes for Sky, window opens for Converge

Is cable TV in the Philippines dead? Broadband provider Converge ICT Solutions Inc. thinks otherwise, as it plans to even expand its presence in the pay TV segment with the impending shutdown of a major player......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

PLDT to offer gigabit speed broadband

“What we are doing is the equivalent of the transition to 5G from 4G in mobile communication. We are pushing the boundary in internet access in the Philippines, giving the Filipino consumer a taste of first-world connectivity.”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

PLDT buys 35% of Meralco unit

Telco giant PLDT Inc. is showing no signs of slowing down its broadband expansion, this time investing P2.12 billion to acquire more than a third of shares in a sister subsidiary......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Converge allots P5 billion for data centers

Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Shohei Ohtani says interpreter stole money, denies knowledge of gambling debts

Shohei Ohtani says he was unaware Ippei Mizuhara had gambling debts and that he had been lied to repeatedly by the interpreter who had been by his side since he joined Major League Baseball in 2018.....»»

Category: newsSource:  rapplerRelated NewsMar 26th, 2024

Government announces independent review of forestry ETS costs

Forestry Minister Todd McClay has today announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) Register to ensure it is efficient and cost-effective."Up and down the country forestry owners have been raising concerns about the excessive costs that have been imposed upon them by the previous government," Mr McClay says."We have iden.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Adidas says it will unload Yeezy shoes without loss

German sportswear giant Adidas said Wednesday that it will unload its stock of Yeezy sneakers at or above cost, a decision which helped it eke out a profit in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Public services at risk of being weaponized in Marcos-Duterte feud, analyst says

Public services meant for marginalized Filipinos may be exploited to capture supporters amid the spat between the Marcoses and the Dutertes, a political science professor said, underscoring how the public ultimately shoulders the cost of warring political parties......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

‘20,322 killed until 2017 in Duterte drug war’

A total of 20,322 people were killed during Duterte’s war on drugs from July 1, 2016 to Nov. 27, 2017, human rights lawyer Chel Diokno said during yesterday’s hearing of the House committee on human rights on the alleged extrajudicial killings during the past administration......»»

Category: newsSource:  philstarRelated NewsJun 5th, 2024

Australian Deputy PM calls actions by Chinese vessels in West Philippine Sea 'serious escalation of tensions'

Singapore, June 1 (ANI): Australian Deputy Prime Minister Richard Marles has called actions by Chinese vessels in the West Philippine Sea like the use of water cannons and the ramming of Philippine vessels a "serious escalation of tensions" and stressed that the move is inconsistent with United Nations Convention on the Law of the Sea (UNCLOS) and the final and binding 2016 South China Sea arbitration ruling.Spe.....»»

Category: newsSource:  inquirerRelated NewsJun 2nd, 2024