On the anticipated release of the P100-billion coco levy fund, another veto is coconut farmers’ last hope after the House version of Coconut Farmers and Industry Trust Fund (Coco Levy Act) was passed on third and final reading and turned out to be “worse than the Senate version of the law”....
The United States Agency for International Development (USAID) has committed more funding to DELIVER-e application, a farmers-to-buyers digital platform recently launched in the Philippines. In a Webinar on Monday, USAID Acting Mission Director for Philippines Patrick Wesner said his agency...
Despite the COVID-19 pandemic, the Philippine government is still determined to award the country’s best mining companies. A Mines and Geosciences Bureau (MGB) memorandum showed that the agency, tasked to regulate and develop the country’s mining sector, has already started the nomination...
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...
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...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
With less than two months left for the year, the Philippines’ 2020 total rice imports so far stood at nearly 2 million metric tons (MT), coming from the usual countries like Vietnam and some unusual ones like China. As of November 13, 2020, 1.92 million MT of rice already entered the country,...
Credit card users will have lower billing statements after November 3 with the adoption of ceilings on interest rate, finance charges and fees on all credit card transactions. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno ( Bloomberg ) “Starting on this date, interest or finance...
The Department of Trade and Industry (DTI) has ordered all manufacturers and operators of bagging facilities to immediately cease all printing operations of previously approved cement bag designs indicating the words "Product of the Philippines" but are used to pack imported cement products as it...
Google Philippines has introduced initiatives to support the country’s safe economic recovery through: MSME Caravan, free listings on Google Shopping tab, and Google Maps for local tourism. In partnership with the Department of Trade and Industry, MSME Caravan aims to train micro, small, and...
The Anti-Red Tape Authority (ARTA) has now stepped in to improve the processing of applications in the food production sector, particularly in the Bureau of Animal Industry (BAI) and the Bureau of Plant Industry (BPI), as complaints on these agencies red tape mount. ARTA Director General Jeremiah...
Coconut industry stakeholders are upbeat that recent trials that show coconut oil having strong potential in fighting COVID-19 may provide a much-needed boost to the industry as well as the Philippine economy as a whole. Photo credit: https://www.ucap.org.ph/home/ The Department of Science and...
