President Marcos has inspected the P67.48-million multi-stage rice processing complex project in Barangay Ipil, Echague, Isabela which was inaugurated last year. Rice Processing System II in Isabela (RTVM) The project, known as the Rice Processing System II, is expected to benefit thousands of...
Following a sharp decline in palay production last year, the Department of Agriculture (DA) is optimistic that the Philippines will achieve a record-high harvest in 2025. In a statement on Monday, Jan. 20, DA Secretary Francisco Tiu Laurel said this forecast is credited to the directive of...
The Sy family’s SM Group is optimistic about the country’s economic growth prospects in 2025, despite challenges such as peso volatility and high inflation. In a statement, SM Investments Corporation (SMIC) President and Chief Executive Officer Frederic C. DyBuncio, said the group plans...
President Marcos is looking into tapping State Universities and Colleges (SUCs) graduates to bolster local production of agricultural seeds, eventually improving agricultural productivity in the country. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos said this during the...
While imports picked up from its August decline, exports and factory output continued declining to a two-month low mainly due to seasonal demand shifts, the Philippine Statistics Authority (PSA) reported Wednesday, Nov. 6. Total exports in September 2024 were valued at $5.96 billion, showing an 8.9...
In a small town in Albay, the marine environment houses diverse aquatic species crucial for biodiversity. Unfortunately, the climate crisis is set to worsen the reduction of diversity in marine ecosystems, which prompts the need to adopt sustainable practices and preserve with urgency the resources...
The Philippine Statistics Authority (PSA) said the estimated palay production may decline in the third quarter, while corn output is expected to increase. Based on the PSA’s latest production estimates for the July to September 2024 quarter palay production is expected to fall by 12 percent to...
The squeeze on consumers’ pockets at the pumps will be leaner after all as global oil prices suddenly crashed at end-week trading on Friday (September 27), according to the oil companies. The industry players estimated that gasoline price increase had softened to P0.10 to P0.50 per liter,...
TACLOBAN CITY – The provincial government has partnered with TAO Corp. to focus on a large-scale project to increase rice production in Northern Samar province. TAO Corp. has identified 500 hectares of potential land for rice production, particularly in the municipalities of Laoang,...
The output of fish products declined by 6.2 percent to 1.02 million metric tons during the second quarter of the year from 1.08 metric tons last year, based on data from the Philippine Statistics Authority (PSA). “Decrease in production was noted from marine municipal fisheries, inland municipal...
BY MYRNA VELASCO The ongoing geothermal exploration and development activities of the Sy-led Philippine Geothermal Production Company, Inc. (PGPC) will beef up the country’s baseload power capacity by up to 400 megawatts (MW), once the steam output would already be fed into offtaker-generating...
The Department of Agriculture (DA) is expecting around 3.64 million metric tons of rice inventory for this year, which it said, is equivalent to 93 days of national consumption. The figure is almost 100 percent higher than the rice inventory recorded in December last year at only 1.9 million metric...
