Finance Secretary Carlos G. Dominguez III has directed the Bureau of Customs to keep a tighter watch over the possible misdeclaration or misclassification of pork shipments entering the country amid tightness in the supply of pork. In a statement, Dominguez warned that importers may attempt to...
The shortfall in the supply of pork has yet to be fully addressed, and now the Department of Agriculture (DA) is also seeing a potential deficit in the supply of broiler meat by the end of this year. This followed after a group of...
The Philippine Chamber of Commerce and Industry (PCCI), the largest business organization in the country, expressed its support to the move by the government to ensure the stable supply of meat and meat products in the market amidst shortage in the country’s local production. In a statement, PCCI...
Amid rising prices, the Philippine government has detected a shortfall in the country’s vegetable supply for this year. In a virtual briefing Thursday, Department of Agriculture (DA) Assistant Secretary for Strategic Communications Noel...
The Japanese government is extending P3 billion ( ¥ 6.5 billion) financial assistance to 7 Japanese manufacturers in the Philippines to strengthen and build a more resilient supply chain in the country to avoid supply disruption of their operations during natural calamities and disasters,...
Dedicated to Air Supply, British-born Filipina singer/songwriter Chlara releases her first single ‘Goodbye’ of the newly released album titled #acousticNOW. Covering classic oldies is challenging but Chlara managed to give this well-known Air Supply old classic a soul-stirring twist with a...
Power utility giant Manila Electric Company (Meralco) will inject P50 billion worth of capital expenditures (capex) for the expansion of its distribution network as well as power generation facilities to support the country’s track into economic recovery post-pandemic. Meralco Chairman Manuel V....
Big banks’ outstanding loans in August grew by only by 4.7 percent year-on-year, a significant low number compared to 6.7 percent in July, the Bangko Sentral ng Pilipinas (BSP) said Friday. “Bank lending growth continued to moderate as a result of weaker corporate sector performance,...
The US government has urged the Philippines to review its mounting non-tariff measures (NTMs), which already reached 854, as these effectively restrict trade, lessen market competition, and make product’s prices more expensive, especially at this time of global supply chain disruption due to the...
