NFA buys 120K MT of palay in a month
The National Food Authority beefed up its rice buffer stock after it purchased over 120,000 metric tons of palay or unmilled rice from local farmers since raising buying prices last month......»»
Laurel tells officials in NFA controversy to file leave
The administrator of the National Food Authority and another official who had accused him of illegally selling NFA rice to selected traders have been asked to take a leave of absence while an investigation is ongoing......»»
Complaint filed at OP exposes ‘mafia’ at NFA
The unraveling of the alleged “mafia” inside the National Food Authority started with the filing of a formal complaint at the Office of the President accusing NFA Administrator Roderico Bioco of being behind the alleged questionable sale of rice to some traders......»»
NFA defends sale of cheap rice; farmers slam ‘mafia’
The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»
Thinking of smarter buys? Here are 6 tech recos you can score this 6.6 sale
Lazada invites you to its 6.6 Wow SuliTipid Sale until June 10. Shop from a wide assortment of products at the best prices, and enjoy even more deals with up to P1,500 Lazada vouchers and 100% free shipping, only on the Lazada app......»»
Thinking of smarter buys? Here are 6 tech recos you can score this 6.6
Lazada invites you to its 6.6 Wow SuliTipid Sale until June 10. Shop from a wide assortment of products at the best prices, and enjoy even more deals with up to P1,500 Lazada vouchers and 100% free shipping, only on the Lazada app......»»
Bright Kindle buys mining company for P5-B
Bright Kindle Resources was suspended indefinitely by the PSE after it disclosed the acquisition of Strong Built (Mining) Development Corp. for P5 billion......»»
AC Bonifacio buys van as 1st big girl purchase
Dancer-actress AC Bonifacio bought herself a van as her first major purchase......»»
MRC Allied buys 31% stake in Rappler
MRC Allied disclosed that it has agreed to purchase the entirety of Dolphin Fire Group’s 31.2% interest in Rappler Holdings Corp, which is the parent company of the Rappler news company......»»
SM Investments buys 28.79% stake in CREIT for P5-B
SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»
Jollibee buys 10% stake in Botrista for $28-M
Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»
REDC anchor investor buys secondary share stake
This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»
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......»»
PhilRice: 95% rice sufficiency by 2028 possible
The Philippines can achieve 95 percent rice sufficiency by 2028 through the use of both hybrid and inbred varieties of palay, the Philippine Rice Research Institute said yesterday......»»
Precious Haul
Farmers haul sacks of palay in Kabacan, North Cotabato on Thursday, 7 March 2024. Kabacan is one of the top rice producers in province. MindaNews photo.....»»
Department of Agriculture to farmers: Replant immediately
The Department of Agriculture is urging rice farmers tilling at least 26,000 hectares to immediately replant palay after their harvest to mitigate the impact of El Niño on rice output......»»
El Niño destroys P14 million palay in Negros Occidental
The dry spell brought by the El Niño phenomenon has damaged more than P14 million worth of rice crops in Negros Occidental, officials said yesterday......»»
Rice sufficiency possible in 2028 – NIA official
The Philippines can achieve rice sufficiency in 2028 as palay production is expected to go up this year despite the El Niño weather phenomenon, according to the National Irrigation Administration......»»
Shear line damages P172-M worth of agri products, infra in Davao region
DAVAO CITY (MindaNews / 23 January) – The recent heavy rains brought by the shear line destroyed at least P172 million worth of agricultural products and infrastructure in the Davao region. Data from the Department of Agriculture – Davao region (DA-Davao) said the initial damage to palay, corn and other high-value crops reached P145.3 million. […].....»»
Serial blunders & low on dough
The National Food Authority or NFA may have enough money to cover pre-funded expenses, but an insider claims they don’t have enough cash to cover salaries and operating expenses. They are, figuratively speaking, low on “dough.”.....»»
Serial blunders & low on dough
The National Food Authority or NFA may have enough money to cover pre-funded expenses, but an insider claims they don’t have enough cash to cover salaries and operating expenses. They are, figuratively speaking, low on “dough.”.....»»