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Export of raw sugar to US planned by mid-year

The Sugar Regulatory Administration has started the preparatory work for the country’s export of raw sugar to the US as early as the middle of the year......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

RHI widens net loss to P360 million

The attributable net loss of sugar and ethanol producer Roxas Holdings Inc. (RHI) in the first quarter of its current fiscal year widened to nearly P360 million as revenues plummeted due to stoppage of its sugar and bioethanol businesses......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Philippines gets 25,000 MT US sugar allocation

Washington has given Manila the green light to export 25,300 metric tons raw value of raw sugar to the US at lower tariff rates, the US Trade Representative announced recently......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Sugar trail in Panay, Negros eyes inclusion in World Heritage List

Sugar trail in Panay, Negros eyes inclusion in World Heritage List.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Calle Real joins Western Visayas Sugar Heritage Trail vying for Unesco World Heritage

Calle Real joins Western Visayas Sugar Heritage Trail vying for Unesco World Heritage.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

A 97-year-old Philippine company closes down

Sugar refiner Central Azucarera Don Pedro in Nasugbu, Batangas, terminates all its employees, saying 'increased sugar importation' by the government in the past years hurt its operations. Thousands of sugarcane planters and field workers are affected......»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

‘Sugar Council embodiment of unity’

‘Sugar Council embodiment of unity’.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

INDUSTRY LEADERS CONVENE | DA, SRA, stakeholders discuss plan to buy sugar from local farmers

INDUSTRY LEADERS CONVENE | DA, SRA, stakeholders discuss plan to buy sugar from local farmers.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Pharma CEO denies illegal marketing, unethical practices

The Bell-Kenz pharmaceutical company does not use the multi-level marketing scheme and sells medicines at a lower cost compared to other brands, cardiologist and chief executive officer Dr. Luis Raymond Go said......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

AMLC freezes assets of 8 terrorist groups

The Anti-Money Laundering Council has issued orders to freeze the assets of eight groups and a person designated as terrorists by the Anti-Terrorism Council......»»

Category: newsSource:  philstarRelated NewsApr 18th, 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

Bank assets grow 10 percent to P24.8 trillion

Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

West divided over seizing Russian assets - Bloomberg

France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.  &n.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Resilient facilities, adequate rescue assets, among priorities in DRRM, says OCD chief

Resilient facilities, adequate rescue assets, among priorities in DRRM, says OCD chief.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Converge, Dito agree to share cable assets

Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Universal Robina FY23 profit: P12.8-B (down 12%)

Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

URC income down in 2023

Gokongwei-led snack foods giant Universal Robina Corp. saw its net income decline in 2023 despite maintaining strong sales......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

CHED can’t probe Cagayan ‘diploma mill’ without complaint

The Commission on Higher Education is open to investigating the alleged selling of diplomas to Chinese students by some universities in Cagayan, but only if there is a formal complaint, according to CHED Chairman Prospero de Vera III......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Philippines diploma mill rep may attract low-tier foreign universities, expert warns

The Philippines' reputation for having so-called “diploma mills” makes it vulnerable to the entry of substandard foreign universities if proposals to open up higher education to foreign ownership push through, an education expert warned during a Senate hearing on Charter change......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024