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Bumper harvest of palay seen in Q1

Despite threats of El Niño, the country’s palay output in the first quarter likely inched up year-on-year to over 4.8 million metric tons on the back of higher yield......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

PNB asset sale seen to yield P5.4 billion

Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

New tax proposals seen to yield P213 billion revenue

The Marcos administration expects to generate P213 billion over the next five years from the priority tax proposals of the Department of Finance......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Meralco rates up this month

Household consumers should expect higher electricity bills this month as energy utility provider Manila Electric Co. increased rates by P0.4621 per kilowatt hour, to P11.4139 per kWh from P10.9518 per kWh last month......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

ERC urged to defer power rate hikes

It would be best for the Energy Regulatory Commission to withhold the requests of power distributors and generating firms to collect higher electricity bills while the industry is on yellow alert due to high power demand this summer, a member of the House of Representatives said......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Senate targets passage of 20 Marcos’ priority bills in May

“Four of the 20 measures are nearing enactment into law already. The rest are for bicameral committee approval, for second and final reading approval, or awaiting committee approval,” Zubiri said in a statement issued ahead of the resumption of sessions on Monday. .....»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

Revitalize Your Savings: Strategies for Injecting Excitement into Financial Planning

Saving money sometimes feels like trudging through mud, doesn’t it? With bills piling up and unexpected expenses lurking around every corner, it’s a real challenge to stash away anything for the future. But hey, don’t throw in the towel just yet! There are ways to inject a bit of zest into your saving game. First […].....»»

Category: newsSource:  metrocebuRelated NewsApr 16th, 2024

Vlogger Boy Tapang apologizes for P1M kite

CEBU CITY, Philippines — Cebuano vlogger Boy Tapang, also known as Ronnie Suan in real life, issued a public apology on his Facebook page after creating a kite using P1,000 bills worth P1 million. The vlog by Boy Tapang, which has already been deleted from his Facebook page, received negative comments from netizens. The content.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

Boy Tapang binalaan ng BSP dahil sa saranggolang gawa sa P1K bill: Sorry po

PERSONAL na binalaan ng mga kinatawan ng Bangko Sentral ng Pilipinas (BSP) ang YouTuber na si “Boy Tapang” sa kanyang bahay kamakailan. Nag-viral kasi sa social media ang pagpapalipad ng content creator ng saranggola na gawa sa P1,000 peso bills. Mismong si Boy Tapang ang nag-post ng isang video sa kanyang socmed account para ipaalam.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

President Marcos hopes Congress passes nuclear investments bill

President Marcos expressed hope that Congress would pass bills allowing US nuclear firm Ultra Safe Nuclear Corp. (USNC) to undertake its project in the Philippines as the government continues to explore ways to ensure access to clean and affordable energy sources......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Lawmaker calls for speedy passage of cyber attack bills

In light of increased cyber attacks, a lawmaker called on his colleagues in the House of Representatives to hasten the approval of measures that will protect the country’s digital infrastructure and penalize hackers......»»

Category: newsSource:  philstarRelated NewsApr 12th, 2024

Officials seek inclusion of Boracay in peso bills

The Municipal Council of Malay, Aklan will come up with a resolution requesting the Bangko Sentral ng Pilipinas (BSP) to include the picture of Boracay Island in the new bank notes it is producing......»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

T-bills, T-bonds rates up after inflation uptick

Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Private hospital accused of illegal detention

A private hospital in Valenzuela City is in hot water for allegedly detaining relatives of patients who are not able to settle their bills......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Beat the Heat and Save Money: Smart Tips for a Hot Season

Summer is in and the heat of the sun is just blazing hot, accompanied by a looming El Niño — did I just say it’s hot, like very hot? Amidst this sweltering heat, our electricity and water bills will also increase and melt our budget like ice cubes on a hot summer day. While we […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

T-bills upsized to P17 billion on lower rates

The government upsized its short-term securities to P17 billion as rates slipped across the board ahead of the inflation data release later this week......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024