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Philippines expects stable rice price in first half of 2024
MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»
Philippines expects stable rice price in first half of 2024
MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»
BSP unlikely to cut rates in 1st half
The Bangko Sentral ng Pilipinas is unlikely to cut key policy rates within the first half of the year as it deems it necessary to keep monetary policy settings sufficiently tight in the near term to better anchor inflation expectations and mitigate second-round effects......»»
US budget deficit tops half a trillion
Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»
Moody’s, Fitch research arms see rate cuts in 2nd half
The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»
A continuing failure?
Because bringing power plants online from scratch takes at least five years, our current problems with low grid reserves resulting in yellow and red alerts can be blamed on a failure during the Duterte era. But the BBM DOE seems committed to continuing the failed policies......»»
Luzon, Visayas in red, yellow alerts for 2 weeks now
Red and yellow alert levels have been raised across the Philippines, mainly in Luzon and the Visayas, for two weeks now due to some power plants not being operational. The National Grid Corp. of the Philippines (NGCP), responsible for the country’s transmission network, extended the red or yellow alert in these regions for longer hours.....»»
NGCP issues yellow, red alerts for Visayas grid; Luzon, Mindanao grids in yellow alert
The National Grid Corporation of the Philippines hoisted red and yellow alert statuses over Visayas power grids while the Luzon and Mindanao grids were placed under a yellow alert status on Wednesday......»»
Xinhua world news summary at 0630 GMT, April 14
TEHRAN/JERUSALEM -- The following are the latest developments related to Iran's massive drone and missile attack against Israel: A combined attack of dozens of ballistic missiles and hundreds of drones from Iran triggered air raid alerts across Israel early on Sunday, the Israeli army said. The projectiles triggered sirens in Jerusalem, the Negev Desert and the Dead Sea in the south, the Israeli-annexed G.....»»
PH authorities issue immigration alerts vs fugitive Arnie Teves
The Department of Justice says an Interpol Blue Notice was also published against Teves. A blue notice is issued 'to locate, identify, or obtain information on a person of interest in a criminal investigation.'.....»»
Oil firms to slash pump prices on April 30
Oil firms are set to implement a rollback in pump prices on Tuesday, April 30. .....»»
CDC, Landbank offer online payment option for Clark firms
CDC, Landbank offer online payment option for Clark firms.....»»
DOH warns health workers vs gifts from pharma firms
The DOH on Monday issued a memorandum on upholding ethical standards following reports of pharmaceutical firms offering privileges to medical professionals and using multi-level marketing tactics to promote prescriptions. .....»»
State firms get higher subsidies
The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»
IT-BPM firms deemed best places to work in Philippines
Firms engaged in information technology and business process management topped this year’s list of the best places to work in the country......»»
Korean firms to help curb Northern Samar floods
Korean firms to help curb Northern Samar floods.....»»
2 logistics firms expand in Balamban
2 logistics firms expand in Balamban.....»»
Sandigan affirms dismissal of forfeiture vs 3 coco levy firms
The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»
Half a million users now onboard GStocks
E-wallet giant GCash has ramped up the reach of its stock investment platform GStocks PH, with user base now reaching nearly half a million......»»
P12 billion cash aid to rice farmers fully distributed by June – Department of Agriculture
The Department of Agriculture (DA) targets to complete the distribution of P12.09 billion cash assistance to nearly 2.4 million rice farmers by the end of the first half after the program was hindered by last year’s election ban......»»