As the prices of palay sank to as low as P12 per kilogram (/kg) in some areas, Senator Risa Hontiveros agreed there is a need to amend the Rice Tariffication Law (RTL) and promised to convince the law's author and fellow senator, Cynthia Villar, about it....
To sort out pricing The Department of Energy (DOE) is pushing for new amendments to Republic Act 8479 or the Downstream Oil Industry Deregulation Act – and the specific agenda this time is to define “fair pricing adjustment” at the retail pumps. In a budget hearing in Congress, DOE Assistant...
The Philippine government was urged to buy all locally produced palay as farm-gate prices sank to as low as P12.50 per kilogram (/kg), a move that may cost around P152 billion or a whopping 2,000 percent increase from the current budget of the National Food Authority (NFA) for its palay...
The Bangko Sentral ng Pilipinas (BSP) will accelerate its gold purchases and will be more opportunistic in its gold trading, according to its highest-ranking official. MB File “BSP will be opportunistic, sell when gold prices are high,” said BSP Governor Benjamin E. Diokno over the weekend. He...
Over 12,000 acres in California forest burned within a span of three days and still ongoing California residents within the El Dorado park were asked to evacuate on Sept. 5, Saturday, due to the fast rate of a forest fire. Updates have been posted in the California Fire San Bernardino Unit’s...
Authentic #18, ridden by jockey John Velazquez, crosses the finish line ahead of Tiz The Law #17, ridden by Manuel Franco, to win the 146th running of the Kentucky Derby at Churchill Downs on September 05, 2020 in Louisville, Kentucky. (Gregory Shamus / Getty Images / AFP) Authentic held off...
