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Milk tariff collections rise by 31% to P2.4 billion

Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest in at least eight years, from P1.8 billion in 2022......»»

Category: financeSource: philstar philstarMar 28th, 2024

Axel Que: The Cebuana designer behind Marina Summer’s ‘Bangus’ costume

CEBU CITY, Philippines— Cebuano talent shining yet again on the international stage. This time it was literally shining as the work of Cebuana fashion designer Axel Que was all out sparkly and shiny all thanks to the inspiration she drew from one of the Philippines’  national fish, “bangus” or milk fish. Her creation was flaunted.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

Kris Bernal matapos magpa-dede: Ang dami ko pang gagawin pero pagod na ako

MARAMING mommies nanaman ang relate na relate sa latest social media post ng first time celebrity mom na si Kris Bernal. Sa pamamagitan ng Instagram Story, ibinandera ni Kris ang kanyang video na nakahiga na at mukhang pagod na pagod, kalakip ang caption na: “Me every after breastfeeding or pumping [glass of milk emoji].” Sey.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Millennials, Gen Zs perk up coffee production in Philippines

Gab likes her coffee sweet, but not saccharine. And so, her go-to drink is French vanilla: medium roast coffee infused with vanilla extract with a dash of milk......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

FDA approves a drug to treat severe food allergies, including milk, eggs and nuts

The US Food and Drug Administration (FDA) has recently approved a groundbreaking new drug called Xolair, developed by Genentech, to treat severe food allergies. This.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 19th, 2024

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

‘AO 20 necessary for food security’

The newly issued administrative order seeking to remove non-tariff barriers on agricultural imports is a necessary measure for food security, the National Economic and Development Authority said yesterday amid concerns raised by stakeholders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles

Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

No sugar MAV this year – SRA

The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

EV sales soar six-fold, thanks to tariff relief

The adoption of electric vehicles in the country is gaining more ground, as Filipinos increasingly cater to eco-friendly modes of transportation amid the country’s effort to push for the electrification of transport......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

‘Pork prices to go up as DA limits imports’

Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

E-vehicle group sees tariff break as ‘game changer’

The Electric Vehicle Association of the Philippines is batting for the inclusion of e-motorcycles in the grant of tax incentives under Executive Order 12 that is already due for mandatory review......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

EV players push ‘green traffic’ as NEDA readies tariff review

Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

E-motorcyles likely included in review of tax breaks – NEDA

The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Tax break for 2-wheeled EVs gains ground in Congress

Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

DOE expects approval of zero-tariff on all EVs this year

The Department of Energy (DOE) is hopeful that the incentives on the importation of electric vehicles (EVs) will be extended to two-wheeled and three-wheeled units this year to help boost EV adoption in the country......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

ERC lifts suspension of FIT-All collection

Starting next month, electricity consumers will resume paying the feed-in tariff allowance at a rate of P0.0364 per kilowatt-hour in their electric bills......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024