President and Agriculture Secretary Ferdinand “Bongbong” R. Marcos Jr. said the country may import sugar by October should the supply run out. Sugar (Pixabay) “Maari, bandang Oktubre, baka ‘yung supply ng na nandito sa Pilipinas ay paubos na, baka sakali ay kailangan nating mag-import (It...
Beijing-led Export-Import Bank of China (CEXIM) indicated higher returns to bankroll the Duterte administration’s three big-ticket railways projects, former Finance Secretary Carlos G. Dominguez III said. Dominguez, who served as former President Duterte’s chief economic manager, explained that...
As the prices of food continue to go up, President and Agriculture Secretary Ferdinand “Bongbong” R. Marcos Jr. said the country will increase its production of rice and corn as his administration prefers such over importation. (Manila Bulletin File Photo) During a media briefing, he said the...
The Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) has sealed a loan to the Philippines to finance the engineering services for the Panay-Guimaras-Negros Island bridges project. In a statement, the Department of Finance (DOF) said that the Philippines and Korea...
Keep your passwords secure with Google Manila Bulletin Tech News can't stress enough how important passwords are. It is a person's first line of defense against illegal access to one's computer, devices, personal information, social media accounts and other electronic accounts the person has. And...
Presidential candidate Ferdinand “Bongbong” Marcos, Jr. has vowed to pursue the construction of the proposed bridge that would link Iloilo, Guimaras and Negros Occidental should he win the presidency in the May 2022 elections. Marcos made the promise during the UniTeam’s political rally at...
Vice presidential aspirant Senator Francis 'Kiko' Pangilinan assured that smugglers in the fisheries sector and "mafia-style" operations in the importation of round scad or "galunggong" will be dismantled in a Robredo-Pangilinan administration. Senator Francis 'Kiko' Pangilinan Pangilinan issued...
The government will distribute direct cash assistance of P5,000 to as many as 59,125 farmers in Nueva Ecija to be funded from the excess rice import tariff collection under the Rice Competitiveness Enhancement Fund (RCEF). The Department of Agriculture (DA) formally launched this week RCEF’s Rice...
The Bureau of Customs (BOC) incurred P3.4 billion in forgone revenues due to lower pork import tariffs, the Department of Finance (DOF) reported on Monday, Nov. 22. The tax collection losses stemmed from the government’s effort to boost the supply of pork and stabilize its retail prices in the...
The Department of Trade and Industry is targeting to generate at least $500 million worth of business agreements from the participation of 46 Filipino firms at the annual China International Import Expo (CIIE). Showcasing products for export from the Philippines during the CIIE 2021 DTI...
Revenue collection from imported rice increased this year despite decline in the price of the staple food in the world market, the Department of Finance (DOF) reported Thursday, Oct. 21. Based on the Bureau of Customs report submitted to the DOF, the agency collected P14.3 billion in rice duties...
Philippine Association of Feed Millers Inc. (PAFMI) sees importation as a band aid solution or the “the best route to take” at the moment as Severe Tropical Storm Maring destroyed a significant amount of corn output. Otherwise, consumers will have to deal with an increase in the price of animal...
