It’s good news for both local hog raisers and meat importers after the Department of Agriculture (DA) moved to set aside a portion of its Bayanihan 2 budget to fund the establishment of four meat cold storage warehouses and meat-cutting facilities. In a statement, the DA, through its National...
The fatal animal disease African Swine Fever (ASF) that reached the Philippines’ backyard farms in August last year is now on its third wave, so far resulted in the culling of more than 400,000 pigs across the country. Based on the latest government report, the ASF outbreak in the Philippines...
After three strong typhoons, the Philippines’ palay production for this year will no longer reach 20 million metric tons (MT) like what the Department of Agriculture (DA) was originally aiming for. For the last quarter of 2020, rice production is expected to reach 7.42 million MT, bringing this...
The Philippines got the lowest coupon ever after raising $2.75 billion from the global bond market, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. “The Philippines set a record for lowest coupon levels,” said Diokno on Thursday. The ROPs sold have maturities of 10.5...
The Department of Agriculture (DA) aims to peg Quezon province as a new “powerhouse” when it comes to cacao production, launching a cacao facility there as well a local brand of chocolate developed within the province. Agriculture Secretary William Dar, together with Quezon Fourth District...
Pre-Covid, we would all be busy planning our family travels by now. But we have to face the fact that Covid-19 is here to stay for a little longer, so precautions have to be made, including that of taking the PCR (Polymerase Chain Reaction) test prior to your flight. Here are some of the...
The Duterte administration’s borrowings increased by over ninefold in October due to Bangko Sentral ng Pilipinas’ (BSP) cash advance to the national government, data from the Bureau of the Treasury showed. Gross borrowings of the national government in October this year increased by 1,244...
The Department of Finance (DOF) ordered the Department of Trade and Industry (DTI) to return to the government coffers the P32.6 billion sitting idle in the state-owned Philippine International Trading Corp. (PITC). In a statement, Finance Secretary Carlos G. Dominguez III said he has...
DOT launches a video that promotes responsible travels and support for workers of the tourism industry BEHIND THE SCENES Toward the end of the video people in the background, tourism workers, were given their screen time These days, everyone dreams of being able to travel once again. This dream is...
Typhoon Ulysses’ damage and losses to the agriculture sector grew to P12.8 billion, from the previously reported P4 billion, due to production losses at farm commodities like rice, corn, high-value crops, among others. This is according to Department of Agriculture (DA) Spokesperson Noel Reyes,...
The Department of Agriculture’s (DA) senate-approved budget for 2021 is P86 billion, which is only 30 percent of the agency’s original budget proposal of P280 billion. In a statement, DA said the senate in a plenary session approved the proposed P85.58-billion budget of the DA, including those...
The downstream oil subsidiary of Chevron Corporation has named Billy Liu as its new Country Chairman and General Manager, replacing Louie Zhang who recently retired following more than three decades of service in the American firm. In taking the top post at Chevron Philippines Inc. (CPI), Liu will...
