Producers of biodiesel commodity in the country are intensifying calls on the government to finally implement hike in the blend to 5 percent by volume or B5 from currently at 2 percent or B2. In a statement to the media, The Philippine Biodiesel Association (TPBA) indicated that “there is more...
Consumer advocacy group Laban Konsyumer Inc. (LKI) said the higher fees in the use of ATM (automated teller machines) will benefit big banks and marginalize the small ones. Photo by Eduardo Soares on Unsplash In a statement, LKI President Victorio Mario Dimagiba questioned and raised concerns on...
The Laguna Heroes displayed grit in trounced the Mindoro Elgin Tamaraws, 16-5, to remain at third in the All Filipino Conference Professional Chess Association of the Philippines (PCAP) online tournament over the weekend. The Heroes rode on Grandmasters Banjo Barcenilla and John Paul Gomez to...
The Philippines’ nickel output declined in 2020 amid the COVID-19 pandemic, but thanks to higher global prices, its full-year export value went up to P25 billion. Citing data from Mines and Geosciences Bureau (MGB), Philippine Nickel Industry Association (PNIA) revealed that the country’s...
The country’s chicken production went down from October to December of last year but it didn’t result in higher farm-gate prices, the latest data from Philippine Statistics Authority (PSA) showed. Based on the PSA data, the country’s total chicken production from October to December 2020 was...
The Bangko Sentral ng Pilipinas (BSP) has issued an advisory warning banks and non-banks to be alert and detect clients or customers that are engaged in illegal online gambling and to report these activities to the proper government agencies including the central bank. BSP memo (Circular Letter No....
The Philippine E-Cigarette Industry Association (PECIA) said the proposed floor price and production cost formula in the computation of excise tax on tobacco products, heated and vapor tobacco products are largely unrealistic and too high. In a statement, PECIA, which counts around 200 active...
Top officials of the Philippine National Volleyball Federation Inc. (PNVFI) and some of the country’s volleyball superstars are gracing the special session of the Philippine Sportswriters Association (PSA) webcast Forum on Tuesday. PNVFI President Tats Suzara, Vice President Arnel Hajan, and...
The Philippine Stock Exchange Index (PSEi) moved up as investors started buying again on improving sentiment. PSE file photo The main index gained 44.29 points or 0.65 percent to close at 6,903.75 with only the Industrial and Services counters declining. Volume was a little higher at 36.2 billion...
The Philippine Sportswriters Association (PSA) webcast Forum will have distinct guests to welcome the "Love Month" of February on Tuesday. Samahang Basketbol ng Pilipinas (SBP) President Al S. Panlilio appears in the session for the first time as he talks about Gilas Pilipinas’ campaign in the...
Teen sensation Alex Eala broke into the top 1000 of the Women’s Tennis Association (WTA) rankings following a string of impressive finishes including winning her first pro title two weeks back. Eala, 15, jumped from No. 1190 to 942 this week, owing to her title victory in the first leg of the...
The Philippine Association of Meat Processors Inc. (PAMPI) is asking President Rodrigo Duterte to authorize limited importation of up to 50,000 metric tons (MT) only at zero tariff at zero. MB file (Photo by Keith Bacongco) This developed as the group was not convinced by the proposal of the...
