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MOU on crude coconut oil export to Europe

The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»

Category: financeSource: philstar philstarFeb 19th, 2024

Coconut processors want more funding for VCO research

The Department of Science and Technology and the Philippine Coconut Authority need to fund more studies to prove the health benefits of virgin coconut oil, a coconut processors group said......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Linamon’s Coconut Festival

Linamon in Lanao del Norte commemorates its 64th foundation day with the vibrant Hudyaka sa Lubi (Coconut Festival), a celebration showcasing the town's thriving coconut industry, on 23 January 2024. This annual event serves as a testament to the community's deep-rooted connection to the coconut, an essential element of their cultural and economic identity. MindaNews photo by AUDREY LLAMAS.....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

El Niño to slash coconut oil exports

The El Niño phenomenon is seen pulling down the country’s coconut oil exports by a fifth in market year 2024-2025 to 900,000 metric tons, according to an international agency......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

PHL coco exports grow 78%

Exports of coconut oil and other coconut by-products reached an unprecedented level of $1.57 billion, 78 per cent more than last year’s value of $884 million, records of the Philippine Coconut Authority show......»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

How Oil Prices Shape Your Daily Life

Ever thought about why crude oil prices matter? They seem like numbers on a screen, but they actually have an effect on what we pay for everyday necessities. Crude oil is what keeps the world going. It’s what fuels our cars, trucks, and planes, and it’s used to make items we use, from plastic to […].....»»

Category: newsSource:  metrocebuRelated NewsApr 10th, 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

Oil prices headed for weekly gains as Israel rejects ceasefire offer

(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Oil spill along Magallanes-Skyway hurt motorists due to slippery roads

A truck loaded with coconut oil rammed into one of the Skyway posts on Saturday morning, resulting in slippery roads that injured multiple motorcycle riders and passengers......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Axelum inks multi-year deal with Vita Coco

Axelum Resources Corp., a listed integrated manufacturer and exporter of premium coconut products, has sealed a new multi-year deal  with The Vita Coco Co Inc., one of the world’s largest coconut water brands......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Century Pacific expands and extends coco product supply agreement with Vita Coco

Century Pacific Food said that it has entered into a new agreement with The Vita Coco Company, which CNPF describes as a “global leader in the coconut water category”, to supply Vita Coco with 90 million liters of coconut water over the next five years......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

IBPAP eyeing new markets in Europe

The umbrella group of information technology-business process management firms in the country is aiming to grow and tap new markets in Europe as the Philippines and European Union resume negotiations for a free trade agreement......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Polish PM Tusk issues warning about Europe entering pre-war era

Polish Prime Minister Donald Tusk has issued a stark warning about the growing tension in Europe, stating that the continent is now in a “pre-war.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 30th, 2024

Stone tools in Ukraine offer oldest evidence of humans in Europe

Until now, the oldest-known evidence of humans in Europe was about 1.2-1.1 million years old from a site called Atapuerca in Spain.....»»

Category: newsSource:  rapplerRelated NewsMar 7th, 2024

GCash gets BSP nod to enter Europe, ME

E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

German FM: Rising tensions in SCS a concern for Europe

Rising tensions in the region and China’s dangerous actions against the Philippines as well as developments in the South China Sea are of concern for Europe, Germany’s Foreign Minister Annalena Baerbock said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, March 11

SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Game developers generate $2.4 million in export sales

Game developers generated $2.42 million in export sales from the country’s first Game Development Summit organized by the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsMar 10th, 2024