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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. […].....»»
Asialink eyes P2.4 billion in truck loans as e-commerce grows
Asialink Finance Corp. is looking at lending as much as P2.4 billion this year to the fast growing market for brand new and used trucks that are essential to the growth of e-commerce and logistics......»»
Jollibee eyes P8 billion share sale this year
Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»
Jollibee eyes P8 billion share sale this year
Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»
Bank loans used as RRR compliance hit P6.4 billion
Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»
Solo parents to get P1K monthly subsidy
The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»
Continue serving with care, compassion, PBBM tells DSWD
President Ferdinand R. Marcos Jr. emphasized the importance of serving the public with care and compassion during the Department of Social Welfare and Development's (DSWD) 73rd anniversary celebration. He commended the DSWD for its continuous efforts in providing aid to disaster victims and the disadvantaged sectors. President Marcos urged the DSWD to treat the poor and vulnerable with kindness and empathy, highlighting the agency's role in uplifting communities. He also noted the significant increase in the agency's budget, particularly for programs such as Pantawid Pamilyang Pilipino Program (4Ps), senior pension, food catering operations, and the food stamps program. President Marcos emphasized that the DSWD's programs are designed to offer a hand up rather than a handout, aiming to empower individuals and families to improve their circumstances. He underscored the government's commitment to dignified giving and support for those in need, emphasizing the agency's role in providing assistance while promoting self-sufficiency......»»
Grievance system in 4Ps needs improvement – PIDS
The government needs to enhance the capability of staff in handling complaints and concerns of beneficiaries of the Pantawid Pamilyang Pilipino Program, as well as improve data management for better implementation of the conditional cash transfer program, according to the Philippine Institute for Development Studies......»»
Just seven of 116 SUCs offer medicine programs — lawmaker
House Minority Leader Rep. Marcelino Libanan (4PS Partylist) said that Congress should allot more funding to support "highly advanced" SUCs in establishing their own medical schools to subsidize the schooling of aspiring doctors......»»
Marcos cool to rice instead of money as 4Ps aid
The government will still consider the proposal to give rice instead of cash aid to beneficiaries of the Pantawid Pamilyang Pilipino Program even if President Marcos and Social Welfare Secretary Rex Gatchalian think it may be logistically difficult......»»
4Ps recipients warned vs loan sharks, pawning cash cards
The Department of Social Welfare and Development yesterday reiterated its warning to Pantawid Pamilyang Pilipino Program’s beneficiaries against pawning their cash cards, an official said yesterday......»»
100,000 4Ps beneficiaries delisted due to fraud
The Department of Social Welfare and Development has so far delisted about 100,000 families from the government’s Pantawid Pamilyang Pilipino Program because of anomalies......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
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......»»
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......»»