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‘NFA lost P112 million after rice sale to traders’

The National Food Authority has incurred losses of at least P112 million after the sale of 150,000 bags of rice at only P25 per kilo to some traders, according to a farmers’ group......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Private traders to also face probe over NFA rice

The Department of Agriculture is ready to face the planned Senate investigation into the alleged anomalous sale of rice to traders by the National Food Authority......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Ombudsman suspends NFA execs amid cheap rice sale probe

Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

GSIS, PNB allot P1.2 billion for affordable housing

State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Affordable AirPods and Upcoming AirPods Max Set to Debut This Year

Apple is set to release new and more affordable AirPods later this year, according to analyst Jeff Pu. The tech giant’s supplier, Foxconn subsidiary, is.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 3rd, 2024

ADB lends $20 million for affordable housing project

The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

ALI’s affordable housing arm takes lead in smart solutions

Amaia Land, the affordable housing arm of property giant Ayala Land Inc., is taking the lead within the ALI business units in providing innovative residential solutions as it is set to unveil a groundbreaking advancement in modern living......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Unmask NFA exec blocking documents – Laurel

Agriculture Secretary Francisco Tiu Laurel Jr. is trying to unmask the official of the National Food Authority (NFA) who was allegedly blocking the release of documents to the Office of the Ombudsman......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Rot and rats at the NFA

“The Secretary wants that the NFA will be back to normal operation as soon as possible,” De Mesa stressed......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

DA chief orders transfer of suspended NFA supervisors’ authority

The transfer of authority of suspended warehouse supervisors of the National Food Authority has been ordered by Agriculture Secretary Francisco Tiu Laurel Jr. yesterday as NFA facilities remain closed amid the suspension order of the Office of the Ombudsman......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

NFA gets new OIC amid suspensions

The National Food Authority Council yesterday appointed former Bureau of Plant Industry director Larry Lacson as officer-in-charge of the NFA after a special meeting presided over by Agriculture Secretary Francisco Tiu Laurel Jr......»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

US House votes for possible TikTok ban if Chinese owners don’t sell

WASHINGTON — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year, but don’t expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package,.....»»

Category: newsSource:  inquirerRelated NewsApr 21st, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

A lot of pens to sell

A lot of pens to sell.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Ariel Villasanta tries to sell Mommy Elvie s urn to Boss Toyo — with freebies

Comedian Ariel Villasanta tried to sell his mother Elvi's urn to Boss Toyo. .....»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Recto revives plan to sell NAIA assets

Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Jollibee plans to sell up to P8-B in preferred shares

Jollibee announced its plan to sell an additional 5 million to 8 million preferred shares at P1000/share, in a follow-on offering to raise between P5 billion and P8 billion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

MPTC to sell stake in Vietnam firm

Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024