Wheat imports seen to rise on higher bread demand
It’s a quarter before seven in the morning. A queue starts to form in front of RJS bakery in Barangay Barangka Drive in Mandaluyong City......»»
WATCH: Bread haven Busan cafe in South Korea
Arguably, South Korea is a bread haven. It is evident by the many coffee shops and specialty bread stores in capital Seoul and even in surrounding areas, like the port city of Busan. .....»»
Balik-Tanaw | Unless a grain of wheat…
By this time, we, Christians are in meditation as we enter the last week before the Palm Sunday. It is the fifth Sunday of Lent and we begin to anticipate Jesus’ passion and death, before finally, getting to the promise of resurrection. In some traditions, it is called ‘Passion Sunday’ as it marks the final two weeks which ends on Holy Saturday. The post Balik-Tanaw | Unless a grain of wheat… appeared first on Bulatlat......»»
Philippines’ estimated rice imports rise by 100,000 MT — USDA
In a data report released on Friday, the USDA has increased its estimates for Philippine rice imports in 2024 to 3.9 million MT, higher than the 3.8 MT million forecast last January. .....»»
Bread on Bike
Vendors roam the remote areas of the mountain municipality of Talakag in Bukidnon to sell bread aboard a motorcycle on Thursday (11 January 2024). MindaNews photo by BOBBY TIMONERA.....»»
Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
Meat imports up 3 percent in Q1
The country’s meat imports grew by three percent to over 270,000 metric tons in the first quarter on the back of higher pork purchases, latest government data showed......»»
‘Pork prices to go up as DA limits imports’
Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»
Government OKs higher 60,000 MT potato imports at lower tariff
The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
Millennials, Gen Zs seen to lift travel demand
Low-cost carrier AirAsia Philippines is banking on the youth to carry the travel demand this year, as they tend to involve their loved ones in their plans, increasing spending on trips......»»
Tobacco output seen surpassing 42 million kg this year
The country’s tobacco production this year could expand to a three-year high of over 42 million kilograms on the back of higher demand and better prices, the National Tobacco Administration (NTA) said......»»
Philippine remittances hit all-time high in 2023
MANILA, Feb. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached an "all-time high" of 37.2 billion U.S. dollars in 2023, 3 percent higher than the 36.1 billion dollars recorded in 2022, the Philippine central bank said on Thursday. "The robust inward remittances reflected the rise in the deployment of overseas Filipino workers due to the continuous increase in demand for foreign workers in host.....»»
Philippine remittances hit all-time high in 2023
MANILA, Feb. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached an "all-time high" of 37.2 billion U.S. dollars in 2023, 3 percent higher than the 36.1 billion dollars recorded in 2022, the Philippine central bank said on Thursday. "The robust inward remittances reflected the rise in the deployment of overseas Filipino workers due to the continuous increase in demand for foreign workers in host.....»»
Rice imports as of mid-March 886,963 MT
The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»
Salt imports decline as local output improves
The country’s salt imports decreased to 84 percent of total requirements last year from 90 percent in 2022 as local production improved, a ranking official of the Bureau of Fisheries and Aquatic Resources said......»»
‘Imports, SRA made future worse for RHI unit’
Sugar and ethanol producer Roxas Holdings Inc. (RHI) took a major hit as increased imports and an alleged instruction from the government to stop refining led to the closure of its wholly owned subsidiary......»»
2024 rice imports hit 570,000 MT
The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»
Fertilizer imports hit 3-year high in 2023
Fertilizer imports last year expanded by almost a fifth to a three-year high of over 2.5 million metric tons as global prices of the farm input declined at a double-digit pace......»»
Keeping Magnolia at Bey
The theory is if the opposing imports cancel each other out, then the locals will decide the outcome of the PBA Commissioner’s Cup Finals. But what if the imports don’t perform as expected, can the locals carry the load?.....»»