A coffee processing center that will be owned and operated by a group of local coffee growers will soon rise in Barangay Casiklan, Las Nieves town in Agusan del Norte.
The Department of Agriculture (DA) 13 (Caraga) formally facilitated the groundbreaking ceremony of the processing …
Read MoreGovernment and military officials here broke ground the past two days some PHP67 million worth of infrastructure projects funded under the National Task Force to End Local Communist Armed Conflict (NTF ELCAC) program.
The projects, composed of four farm-to-market roads (FMRs), are implemented under the …
Read MoreLawmakers from all seven districts of Negros Occidental have sought an inquiry on the recent power rate hike imposed by electric cooperatives.
In a statement on Saturday, 3rd District Rep. Jose Francisco Benitez said he filed House Resolution 2206 to push for a congressional inquiry.…
Read MoreSome 41 micro, small, and medium enterprises (MSMEs) in Eastern Visayas have joined the first face-to-face annual regional trade fair held since the pandemic broke out last year.
The four-day trade fair that kicked off on Thursday, is eyeing to generate at least PHP1.5 million …
Read MoreThe Philippines’ balance of payments (BOP) is projected to remain in surplus for this year and next year but monetary authorities slashed the target for both years given the impact of global economic developments.
In a briefing streamed through the Bangko Sentral ng Pilipinas’ (BSP) …
Read MoreAt least 10,000 “bangus” (milkfish) fingerlings were released in a fish cage at the Albay Gulf operated by the City Agriculture Office (CAO) at a cove in Sitio Anonang, Barangay Homapon here Friday.
Sheila Nas, CAO chief, said in an interview the fingerlings were acquired …
Read MoreOperatives of the Regional Drug Enforcement Unit-9 have arrested another big-time drug suspect in a buy-bust here, the region’s top cop said on Friday.
Brig. Gen. Ronaldo Genaro Ylagan, Police Regional Office-9 chief, said the suspect as Jun-Jun Ismael, 33, of Indanan, Sulu, was nabbed …
Read MoreThe distribution of emergency cash assistance to low-income beneficiaries affected by the enhanced community quarantine (ECQ) in Metro Manila from Aug. 6 to 20 has been completed.
Speaking to President Rodrigo Duterte during his Talk to the People on Wednesday night but aired Thursday morning, …
Read MoreThe Bangsamoro Board of Investments in the Bangsamoro Region in Muslim Mindanao (BBOI-BARMM) approved the registration of PHP398 million tourism-related investments for this city.
It was the first direct investment approved by the BBOI for the city that now forms part of the BARMM.
Owned …
Read MoreA fisherman in Surigao del Sur has a new house, thanks to the members of the Hinatuan Municipal Police Station (HMPS).
Lt. Dennis Bon, HMPS chief, said the rebuilding of the house is part of the Barangayanihan Help and Food Bank Program and Adopt a …
Read MoreFitch Ratings expects world gross domestic product (GDP) will grow by 6% in 2021, according to its Global Economic Outlook report for September.
The new figure is down from the global rating agency’s 6.3 percent world GDP growth forecast made in June.
“Supply constraints are …
Read MoreThe National Grid Corp. of the Philippines (NGCP) said Friday it is imperative that they shut down the Amlan-Siaton 69kV line for them to be able to complete their maintenance works for this year.
Michelle Visera, corporate communications and public affairs officer of the NGCP …
Read MoreThe BRP Andres Bonifacio (PS-17) has safely transported six distressed fishermen and their damaged fishing vessel to the Port of Dinahican in Infanta, Quezon on Thursday.
“The custody of the said fishermen was later on turned over to the Local Disaster Risk Reduction and Management …
Read MoreThe Philippine main equities index ended weaker on Friday, a day after it recovered on risk-off sentiments but the peso managed to remain firm against the US dollar.
The Philippine Stock Exchange index (PSEi) lost 0.80 percent, or 55.58 points, to 6,912.85 points.
All Shares …
Read MoreMalta is in need of Filipino workers, both professionals and non-professionals, the Philippine Overseas Labor Office (POLO) in Rome, Italy said on Friday.
In a virtual presser, Labor Attache Haney Lynn Siclot, job opportunities await overseas Filipino workers (OFWs) after many employers in the host …
Read MoreTimbangan ng Bayan centers would soon be established in all public and private markets nationwide as a measure proposing such has been endorsed for plenary approval at the House of Representatives.
During a virtual meeting on Friday, the House Committee on Trade and Industry approved …
Read MoreAn alleged financer of the Abu Sayyaf Group (ASG) and one of the most wanted persons in the country was killed in a shootout early Friday in Sulu.
Col. Rexmel Reyes, Zamboanga City Police Office (ZCPO) director, identified the slain suspect as Aldasir Makumbong, 37.…
Read MoreThe Aboitiz Foundation Inc., together with Hedcor, committed PHP7.8 million worth of projects in its host communities in Mindanao as they inked a memorandum of agreement (MOA) with its partners from this city, Davao del Sur, and Bukidnon, a statement said Friday.
Among the listed …
Read MoreA good number of micro, small and medium enterprises (MSMEs) have expressed interest in vacuum-freeze drying technology as an innovation to their businesses, Department of Science and Technology (DOST) Secretary Fortunato de la Peña announced on Friday.
In a taped report, he said at least …
Read MoreDepartment of Science and Technology (DOST) Secretary Fortunato de la Peña on Friday said at least 15 farmers from the Talaandig tribal community in Talakag, Bukidnon, were trained on producing chemical-free carrots.
“The initiative provided (about) 212 IP (indigenous people) households in the area the …
Read MoreThe province of Ilocos Norte is gearing up to revive its local bamboo industry by designating bamboo caretakers and letting them earn while doing so.
In an interview on Friday, provincial agriculturist Norma Lagmay said they have identified the city of Batac and the towns …
Read MoreThe Philippine Drug Enforcement Agency (PDEA) in the Cordillera Administrative Region (CAR) is working on the declaration of the residence of the city’s alleged “drug queen” to become a safe house for abused children.
Gil Cesario Castro, regional director of the PDEA-CAR, in a phone …
Read MoreThe Department of Public Works and Highways (DPWH) Bulacan 1st District Engineering Office (DEO) has completed PHP100-million worth of projects at the Congressman Erasmo Cruz Memorial Central School in Barangay Wakas, this town.
Henry Alcantara, district engineer of the DPWH Bulacan 1st DEO, on Friday …
Read MoreThe Task Force Bangon Marawi (TFBM) on Thursday said it has inaugurated two mosques and other infrastructure projects in Marawi City.
In his three-day visit to the war-torn city, TFBM chairperson Secretary Eduardo del Rosario led the ceremonial opening of the Marinaut Mosque and the …
Read MoreUniversal and commercial banks (U/KBs) and their subsidiaries are now required to submit quarterly reports on their remaining exposures to London Inter-Bank Offered Rate (LIBOR).
“The regular reporting of exposures will help the BSP and the banks themselves in gauging banks’ progress in actively winding …
Read MoreThe Ilocos Norte government continues to boost its economic recovery program focusing this time on small businesses.
As part of its coronavirus disease 2019 (Covid-19) business rehabilitation projects, the micro, small and medium enterprise office (MSMEO) of the provincial government calls on eligible applicants to …
Read MoreDoing financial transactions amid the pandemic-related movement restrictions boosts opportunities for the central bank to hit its 70-percent target in the number of adult Filipinos with bank accounts by 2023.
In a virtual briefing on Thursday, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said …
Read MoreDefense Secretary Delfin Lorenzana on Thursday said the Philippines is unlikely to acquire Lockheed Martin F-16 jet fighters for its multi-role fighter (MFR) program for now due to budgetary constraints.
“Sa ngayon, malabo pa dahil yun pera natin, yun perang nakalaan ay kung bibili tayo …
Read MoreGlobal economic growth is estimated to hit 5.3 percent this year with the recovery from the pandemic, its fastest rate in nearly five decades, according to a UN report released Wednesday.
“The recovery, however, is uneven across geographical, income and sectoral lines,” the United Nations …
Read MorePresident Rodrigo Duterte has instructed Solicitor General Jose Calida to pen a letter addressed to Commission on Audit (COA) chair Michael Aguinaldo requesting the finances of the Philippine Red Cross (PRC) to be audited.
The PRC is headed by Senator Richard Gordon, chair of the …
Read MoreThe Philippine Stock Exchange index gained on Thursday on risk-on sentiments following recent slides, but the peso weakened against the US dollar and even touched the 50-level.
The main equities index rose by 1.28 percent, or 88.23 points, to 6,968.43 points.
All Shares followed with …
Read MoreForward-thinking policies of Philippine regulators made a Southeast Asian payments infrastructure start-up decide to further expand its domestic operations, especially after getting a capital boost from several investors.
Xendit recently received a USD150 million Series C funding, a capital infusion directly seeded for the company’s …
Read MoreThe allocation of funds for three big-ticket modernization projects for the military has been delayed due to the government’s move to focus on coronavirus disease 2019 (Covid-19) pandemic response, the country’s defense chief said on Thursday.
Defense Secretary Delfin Lorenzana, in an online press briefing, …
Read MoreCommunications Secretary Martin M. Andanar appealed to the Senate to support the proposed PHP1.91 billion budget of the Presidential Communications Operations Office (PCOO) and its attached agencies to better communicate the government’s achievements to the Filipino people.
“Your support will help us continue to communicate …
Read MoreThe Department of Environment and Natural Resources (DENR) is promoting bamboo-planting as a climate change mitigation strategy.
Bamboo not only thrives in the country and is among the government’s priority reforestation species but this grass is also good in sequestering or absorbing carbon dioxide (CO2) …
Read MoreHomeless senior citizens in this city will now have a safe place to stay and live in.
The city government here on Wednesday inaugurated the first city-operated home for the aged.
“No homeless senior citizens. No elderly will stay on the streets,” Mayor Carmelo Lazatin …
Read MoreThe Securities and Exchange Commission (SEC) has made starting a business even faster and easier, as it held the soft launch for a new feature in its online company registration system that will allow applicants to complete the process in one day.
Starting Sept. 15, …
Read MoreThe Department of Social Welfare and Development has identified 13 towns in Eastern Samar as potential recipients of family food packs after Typhoon Jolina.
In a phone interview Wednesday, DSWD Eastern Visayas regional information officer Abelardo Bibat said these towns are Lawaan, Balangiga, Giporlos, Quinapondan, …
Read MoreBanks have continued to place funds in the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF), which registered a lower interest rate this week as domestic liquidity remained high.
The rate of the seven-day TDF declined to 1.7083 percent from 1.7143 percent during the …
Read MoreThe government raised a total of USD866.2 million (around PHP43.3 billion) worth of five- and 10-year retail dollar bonds (RDB) during its initial auction on Wednesday, higher than the total USD4-million offer.
Of the total, USD551.8 billion was raised from the five-year tenor paper while …
Read MoreThe local stock barometer shed on Wednesday mainly on looming Federal Reserve rate adjustment and growth concerns, while the peso improved against the US dollar.
The Philippine Stock Exchange index (PSEi) declined by 0.58 percent, or 40.16 points, to 6,880.20 points.
All Shares followed with …
Read MoreAround PHP1.2 million funds from the Department of Social Welfare and Development (DSWD) social amelioration program (SAP) were turned over to at least 85 beneficiaries in Pagudpud, Ilocos Norte for their livelihood, Provincial Social Welfare and Development officer Corazon Lilian Celia Rin reported on Wednesday.…
Read MoreThe House of Representatives on Wednesday overwhelmingly approved on final reading a proposal authorizing the Department of Agriculture (DA) to use the excess rice tariff revenues under the Rice Tariffication Law (RTL) for direct cash assistance to farmers.
Voting 195-0-0, the chamber passed on third …
Read MoreThe Supreme Court on Wednesday said all lower courts in the National Capital Region (NCR) will remain physically closed indefinitely during the pilot of the quarantine Alert Level 4 in Metro Manila starting Sept. 16.
In an administrative circular on September 15, Chief Justice Alexander …
Read MoreThe government’s goal to further improve the country’s food security levels this year has been largely supported by its effort on hybrid rice production.
Frisco Malabanan, senior technical consultant at SL Agritech Solutions, cited the improvement of the country’s rice harvest since interventions to attain …
Read MoreGains in the vaccination program of countries where overseas Filipino workers (OFWs) are, along with economic recovery around the world, are expected to further boost remittance growth in the Philippines.
The Bangko Sentral ng Pilipinas (BSP) on Wednesday reported a 2.6-percent year-on-year growth of remittances …
Read MoreThe National Privacy Commission (NPC) and finance groups on Wednesday “strongly” condemned the harvesting of excessive information of some online lending platforms such as saving their users’ contact lists and photo galleries.
In a joint statement, the NPC, Fintech Alliance.PH, the Philippine Finance Association, and …
Read MoreThe Philippine Statistics Authority (PSA) remains firm to register at least 70 million Filipinos for Step 1 and 50 million for Step 2 process of the Philippine Identification System (PhilSys) project by the end of 2021, Assistant Secretary Rosalinda Bautista said Wednesday.
In a virtual …
Read MoreThe Clark Development Corporation (CDC) will reopen parks, open spaces, bike paths, and other communal outdoor spaces here effective Thursday but with strict compliance to guidelines.
CDC president and CEO Manuel R. Gaerlan said in a statement on Wednesday that the guidelines are based on …
Read MoreThe Community Environment and Natural Resources Office II (CENRO II) of the Department of Environment and Natural Resources (DENR) here on Wednesday clarified that it has not yet received any application or other forms of communication from the Dumaguete City government regarding the proposed 174-hectare …
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