Author: admin

MANILA, Philippines — The country’s rice stockpile increased by 6.4 percent as of Jan. 1 from the past year due to the more aggressive buying policy of the government, while corn inventory declined by 45 percent as farmers shifted to tobacco planting. According to the Philippine Statistics Authority (PSA), the country’s overall rice inventory totaled […]…

Keep on reading: Rice stocks up, but corn cache down

MANILA, Philippines — The Sugar Regulatory Administration (SRA) is finalizing the rules for importing sugar alternatives after reaching an agreement with industry groups to streamline the sourcing process and ensure smooth trade flow. According to an industry source, some of the points tackled during the meeting between the SRA and industry players include allowing advanced […]…

Keep on reading: Sugar substitute importation rules coming soon

MANILA, Philippines — The government is accelerating the regulatory processing of more than 100 projects with cumulative investments pegged at about P2.4 trillion, as it hopes to unlock 19 gigawatts (GW) of additional power capacity. The Department of Energy said 149 power generation and transmission projects had received certificates of energy projects of national significance […]…

Keep on reading: 149 power projects tagged as priority projects

MANILA, Philippines — Real estate giant SM Prime Holdings Inc. is all set to return to the debt market this month after pricing its P25-billion bond offer meant to bankroll a massive expansion plan across its business segments. In a stock exchange filing on Monday, the Sy family-led developer said the Series Y bonds due […]…

Keep on reading: SM Prime returns to bond market with P25-B fresh offer

MANILA, Philippines — Globe Telecom Inc. and GoTyme Bank are teaming up for data-sharing initiatives in a bid to strengthen defenses against scams that can result in financial losses to victims. In a statement on Monday, the parties announced they had signed an agreement to share information about mobile numbers—along with names and addresses—potentially linked […]…

Keep on reading: Globe, GoTyme team up to boost cybersecurity

The political noise in the country is expected to go up by several decibels in the coming days. Today is the start of the official campaign period for candidates to the Senate and the party list system, while that for the House of Representatives and local government units would begin on March 28. But many […]…

Keep on reading: External view of the VP’s impeachment

MANILA, Philippines — Yields on short-dated local debts of the government snapped five straight weeks of decline ahead of the upcoming rate-setting meeting of the Bangko Sentral ng Pilipinas (BSP), amid expectations of a slower pace of easing this year. But that did not stop the Marcos administration from raising its targeted amount of Treasury […]…

Keep on reading: T-bill rates up as shallow easing looms large

MANILA, Philippines — The country’s vehicle production declined in November last year by 7.2 percent, falling by nearly 700 units even as local dealerships continued to rack up solid sales numbers. Data from the Asean Automotive Federation (AAF), an umbrella group of industry associations from member-economies of the Association of Southeast Asian Nations (Asean), showed […]…

Keep on reading: PH vehicle output contracted 7.2% in Nov ’24

MANILA, Philippines — One of the largest Chinese fisheries research ships spotted inside the country’s archipelagic waters is now on its way out and is now en route to the West Philippine Sea, a maritime expert said Tuesday. Latest data from SeaLight director Ray Powell indicated that, as of 11:41 p.m., Lan Hai 101 “is now passing between Busuanga and Mindoro Islands on its way back into the West Philippine Sea, moving steadily at about 12 knots.” READ: ‘China fisheries research ship spotted in PH archipelagic waters’ “It seems to be transiting, but why it chose this route is not […]…

Keep on reading: Chinese research ship passes between Busuanga and Mindoro – monitor

Veteran actress Boots Anson-Rodrigo just turned 80, and she’s celebrating the milestone by giving back. “It’s all about gratitude,” she said in a recent interview with Lifestyle. “At this age, every morning when King and I wake up, we just say thank you that we’re still alive.” She has been married to international lawyer King […]…

Keep on reading: ‘Grateful’ Boots Anson-Rodrigo writes her autobiography at 80