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Philippines ratifies WTO deal on fisheries subsidies
The Philippines has ratified the World Trade Organization agreement on fisheries subsidies, which seeks to curb harmful subsidies like support for illegal, unreported and unregulated fishing , bringing the landmark multilateral deal closer to effectivity......»»
State subsidies drop by 8 percent to P20 billion in Q1
The government cut down its budgetary support to state-run firms by eight percent to almost P20 billion in the first quarter, with the bulk of the subsidies meant to support the agriculture sector......»»
State firms get higher subsidies
The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»
No rice subsidies, cash assistance for El Niño-stricken local food producers – KMP
By ZYSA MEI ELLORAN Bulatlat.com MANILA – The farmers are hungry. This is the sentiment of Filipino farmers as they continue to call for government support having suffered the worst impacts of the El Niño phenomenon, resulting in heavy losses in their livelihood. “Farmers need an urgent and concrete response from the government. Farmers need… The post No rice subsidies, cash assistance for El Niño-stricken local food producers – KMP appeared first on Bulatlat......»»
E-wallets tapped in distribution of P22.9 billion farmer subsidies
The Department of Agriculture (DA) has allowed the use of e-wallets in the distribution of P22.9 billion in subsidies to farmers......»»
NLEX to start C5 connector
The concessionaire behind the North Luzon Expressway will start linking the toll road to C-5 Road by the second quarter of the year to expand access to all corners of Metro Manila......»»
Senator calls out loitering China vessels in Philippines Rise
Chinese vessels were caught “loitering” and doing research in Benham Rise, also called Philippine Rise, which is within the country’s exclusive economic zone, Sen. Francis Tolentino said yesterday......»»
Fit Rise 75 NPA Triathlon marks conclusion of Fit Rise 75 programme at National Police Academy
Hyderabad (Telangana) [India], January 9 (ANI): The Sardar Vallabhbhai Patel National Police Academy organised 'Fit Rise 75 NPA Triathlon', which comprised three sub events - 1 km swimming, 40 km cycling and 10 km running - as part of celeberations of 75 years of service to the nation. Teams from 17 police organizations participated in the event. Besides, 76 RR IPS trainees, trainees of 75th batch of IRS (CIT), course par.....»»
Figaro posts rise in quarterly earnings
Figaro Coffee Group Inc. (FCG) sustained its momentum in the third quarter of its current fiscal year, delivering a five percent rise in net income to P105 million on the back of higher revenues......»»
SBI s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24
New Delhi [India], May 9 (ANI): The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net profit during the entire financial year 2023-24 rose by 20.55 per cent to Rs 67,085 crore as against.....»»
Philippines GDP expands by 5.7 pct in Q1
MANILA, May 9 (Xinhua) -- The Philippines' gross domestic product (GDP) expanded 5.7 percent year-on-year in the first quarter of 2024, the Philippine Statistics Authority (PSA) said Thursday. The latest figure is higher than the 5.5 percent growth in the fourth quarter of 2023, but lower than the 6.4 percent expansion posted in the first quarter of 2023. PSA head Dennis Mapa told a press conference that.....»»
Balai off to a hot start with higher income
Listed bakery operator Balai ni Fruitas Inc. is off to a hot start in 2024, with net income surging by 38 percent to P13.2 million in the first quarter......»»
BSP seen to start rate cuts in August
The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»
Mas murang pabahay swak sa 4PH Program
Inanunsiyo ng Department of Human Settlements and Urban Development (DHSUD) kasama ang Pag-IBIG Fund executives noong Labor Day na makikinabang ang mga Pambansang Pabahay Para sa Pilipino Housing (4PH) Program borrower sa subsidies. The post Mas murang pabahay swak sa 4PH Program first appeared on Abante......»»
Navel-gazing
Of course the government doesn’t have funds for wage subsidies, as suggested by pa-pogi lawmakers......»»
At WTO meet in UAE, Philippines expects deals on fisheries, agriculture, climate issues
By Binsal Abdulkader ABU DHABI, 25th February, 2024 (WAM) -- The Philippines expects successful negotiations on fisheries subsidies, agriculture, and climate issues at the World Trade Organisation's (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi, according to Alfredo E. Pascual, the Secretary for Trade and Industry of the Philippines. "I am particularly enthusiastic about welcoming Comoros and Timo.....»»
Japan invests $4.8 billion in TSMC plant, emphasizing importance of cutting-edge chips for future industries
Japan has announced plans to provide an additional ¥732 billion in subsidies for Taiwan Semiconductor Manufacturing Co. (TSMC) to expand its plant in the country......»»
At WTO meet in UAE, Philippines expects deals on fisheries, agriculture, climate issues
By Binsal Abdulkader ABU DHABI, 25th February, 2024 (WAM) -- The Philippines expects successful negotiations on fisheries subsidies, agriculture, and climate issues at the World Trade Organisation's (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi, according to Alfredo E. Pascual, the Secretary for Trade and Industry of the Philippines. "I am particularly enthusiastic about welcoming Comoros and Timo.....»»
Marcos Oks rice subsidies for cops, soldiers
Amid rumors of destabilization, President Marcos yesterday reaffirmed his commitment to promote the welfare of uniformed personnel and their families and announced the approval of funding for rice and health care benefits......»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»