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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......»»
House probe on irregular sale of NFA rice set on March 7
The House agri committee will investigate on Thursday the disadvantageous sale of 75,000 sacks of deteriorating or aging rice by the NFA......»»
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......»»
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......»»
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......»»
PLDT, ABS-CBN call-off P6.75-B SkyCable deal
PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»
‘Stop sale of highly toxic mercury-added skin lightening products’
‘Stop sale of highly toxic mercury-added skin lightening products’.....»»
Globe gets P1.5 billion from tower sale
Wireless giant Globe Telecom has received P1.5 billion from its tower sale with PhilTower Consortium Inc., pumping in additional cash to pay for capital expenditures and maturing debts......»»
AbaCore raises P200 million from asset sale
Listed holding company AbaCore Capital Holdings Inc. has raised P200 million from the sale of another Batangas property......»»
Vista Land $2-B bond sale withdrawn due to lack of interest
Bilyonaryo reported that Manny Villar’s Vista Land and Lifescapes is walking away from its bond sale due to lack of investor demand......»»
A Brown targets P1.5 billion from preferred share sale
A Brown Co. Inc. is targeting to raise up to P1.5 billion from the sale of preferred shares......»»
ABS-CBN clarified PCC has not completed its review of broadband business sale to PLDT
ABS-CBN clarified that the Philippine Competition Commission has not completed its review of the proposed P6.8 billion sale of Sky Cable’s broadband business to PLDT......»»
Citicore Energy REIT doesn’t deny report of potential 30% stake sale
Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»
CVIRAA 2024: Cebu City Niños pull away in medal standings
CEBU CITY, Philippines — Host Cebu City bared its fangs in almost all fronts on Tuesday to seize the lead after three action-packed days of CVIRAA 2024 athletic meet. Struggling in the first two days of competition, the defending champion Cebu City Niños harvested 25 gold medals on the third day of hostilities to boost.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, May 5
KABUL -- At least 14 people have been confirmed dead due to a new round of heavy rains and flash floods in the western Herat and northern Sari Pul provinces of Afghanistan as well as adjoining areas over the past couple of days, officials said Sunday. Heavy rains and flash floods killed seven people in Herat province over the past couple of days, provincial director for the disaster management authority Musa Ash.....»»
Cebu weather: Still hot, humid for the next five days
CEBU CITY, Philippines – As the hot and humid summer continues, residents of Metro Cebu and the rest of the province can expect stable weather in the next few days, according to the latest forecast from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) Visayas Services Division. From Saturday, May 4, to Wednesday, May 8,.....»»
SACLEO in CV: P11.5M drugs seized in 3 days
CEBU CITY, Philippines — In a span of three days, P11.5 million worth of illegal drugs were seized and a total of 176 drug personalities were sent to jail by authorities in Central Visayas. This was the result of a regionwide Simultaneous Anti-Criminality Law Enforcement Operation (SACLEO) against all forms of criminalities from Friday to.....»»
PAGASA warns: Hotter days ahead in May
Prepare for hotter days and nights ahead, surpassing the already scorching heat as temperatures could reach over 40 degrees Celsius in the coming weeks......»»
Easterlies persist nationwide bringing hotter days ahead — Pagasa
MANILA, Philippines — The easterlies or warm winds blowing from the Pacific Ocean continue to dominate nationwide bringing hotter temperaturs in the days ahead. That is according to the state weather bureau. Even if there would be a possibility of isolated rain showers and thunderstorms in Eastern Visayas and Mindanao, hot and humid weather would.....»»
Cebu weather: Fair and pleasant in the coming days says Pagasa
CEBU CITY, Philippines – Cebu weather will be fair and pleasant over the next five days, the state weather bureau said on Saturday, April 13. The Pagasa Visayas Regional Services Division has forecasted that the Visayas, including the whole of Cebu, will experience cloudy to partly cloudy skies with a chance of isolated rain showers.....»»