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BCCP raises concerns over plans to curb meat imports

The British Chamber of Commerce Philippines expressed concerns on the agriculture department’s plan to temporarily suspend the minimum access volume on corn and pork......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

Tighter control over rice imports, direct buying from farmers eyed

The Department of Agriculture is seeking tighter control over the rice industry by restricting imports during harvest seasons and inspecting warehouses of traders and importers......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

‘Imports, SRA made future worse for RHI unit’

Sugar and ethanol producer Roxas Holdings Inc. (RHI) took a major hit as increased imports and an alleged instruction from the government to stop refining led to the closure of its wholly owned subsidiary......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Keeping Magnolia at Bey

The theory is if the opposing imports cancel each other out, then the locals will decide the outcome of the PBA Commissioner’s Cup Finals. But what if the imports don’t perform as expected, can the locals carry the load?.....»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

Filipino imports shine in action-packed Japan B. League weekend

Kai Sotto scores a season-high 16 points, while Matthew Wright puts up back-to-back 20-plus-point performances as Filipino imports impress in the Japan B. League.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

Onion prices plunge; DA suspends imports

The Department of Agriculture has ordered the suspension of onion imports as the farmgate price of white onions went down to P18 per kilo amid the flooding of imported bulbs......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

DA halts onion imports as oversupply drives prices down

The Department of Agriculture on Friday ordered the suspension of onion imports until May, citing abundant supply of onions in the country......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

Tale of two imports

Rain or Shine’s Tree Treadwell is cut from a different mold that’s typical of imports playing in the PBA......»»

Category: sportsSource:  philstarRelated NewsJan 15th, 2024

Rice inventory drops to 17-month low

The country’s rice stocks in February fell to their lowest level in more than a year despite higher imports recorded at the start of the year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

LRT-2 operator expects higher revenue this year

The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Tobacco output seen surpassing 42 million kg this year

The country’s tobacco production this year could expand to a three-year high of over 42 million kilograms on the back of higher demand and better prices, the National Tobacco Administration (NTA) said......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

DA not limiting meat importers – farmers’ group

A farmers’ group is slamming meat importers over their threat of higher pork prices......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

High demand to feed growth in broiler output

Local broiler production could grow by at least two percent to as much as 1.943 million metric tons this year on the back of growing demand as chicken meat remains an affordable commodity for Filipino households......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Economy seen growing by 6.2 percent this year

Philippine economic expansion may pick up in the coming months, with growth seen averaging 6.2 percent this year, well within the government’s six to seven percent target, according to BMI Country Risk & Industry Research......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2024

BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Further improvement in Philippines external position seen

The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Higher consumption seen to drive GDP growth faster

The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Bumper harvest of palay seen in Q1

Despite threats of El Niño, the country’s palay output in the first quarter likely inched up year-on-year to over 4.8 million metric tons on the back of higher yield......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024