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Category: Business

SRA sees cut in PH’s total sugar production due to El Niño

The Sugar Regulatory Administration (SRA) on Thursday said the country’s estimated total sugar production of PHP1.85 million metric tons (MT) this year might be affected by the El Niño phenomenon. ‘There is a possibility that the estimated 1.85 millio…

4 Japanese firms investing P10.8-B in PEZA

Four Japanese companies will be expanding their operations in the country’s economic zones through investments amounting to around PHP10.8 billion, the Philippine Economic Zone Authority (PEZA) reported Monday. PEZA Director General Tereso Panga, in …

Antique under state of calamity due to ‘habagat,’ ‘Goring’

Antique is now under a state of calamity due to the impact of the southwest monsoon enhanced by Typhoon Goring following its declaration by the Provincial Board during its regular session on Monday. The Provincial Board unanimously approved a resolut…

DTI: Rice price cap may be reviewed in 2 weeks

Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the rice price ceiling under Executive Order (EO) No. 39 will remain in effect for another two weeks before the government reviews the policy. ‘(M)aybe (in) another two weeks we’ll…