The Bangko Sentral ng Pilipinas (BSP) said it has fully awarded its 28-day bills offered at P100 billion. The BSP securities auction received P162.80 billion tenders on Friday, lower than January 15’s P167.25 billion bids. The BSP bills fetched a lower average rate this week of 1.6362 percent...
MB file photo The Philippine Metalworkers Alliance (PMA-SENTRO) has called for a review of the automotive industry development plan stating the imposition of the safeguard measure is not enough to save the domestic automotive industry and stop car companies' exodus from the Philippines. PMA...
The Department of Agriculture's (DA) National Tobacco Administration (NTA), which currently operates a state-owned meat processing facility in Ilocos Sur, will set aside P10 million to augment the facility's operations. This, according to DA, is hoped to help stabilize the supply and price of pork...
Amid low farm-gate prices, farmers are also suffering from the rising retail cost of farm commodities, a farmer-leader said. In a virtual briefing on Wednesday, Joseph Canlas, Alyansa ng mga Magbubukid sa Gitnang Luzon, said farmers don't benefit from the rising retail cost of some food...
The Department of Agriculture (DA) said it is strengthening its laboratory network system in its continuing fight against infectious animal diseases. "We are adopting an integrated 'OneDA' laboratory masterplan that incorporates international bio-risk management standards and best practices on...
The Department of Public Works and Highways (DPWH) and NLEX Corporation are speeding up building the first 5-kilometer section of the P23-billion NLEX Connector from Caloocan Interchange, C3 to España, Manila so it will be finished by the end of this year. The remaining 3 kms of the Connector road...
The Philippine government is planning to triple the minimum access volume (MAV) allocation for pork in a bid to address the shortfall in the commodity, which is caused by the highly fatal animal disease that is the African Swine Fever (ASF). Agriculture Secretary William Dar said during Laging...
Agriculture Secretary William Dar has ordered another re-shuffle of officials at the Department of Agriculture (DA), a move hoped to help agency achieve 2.5 percent growth for the farm sector. Agriculture Secretary William Dar (Photo credit: https://www.da.gov.ph/) “We have survived the...
Agriculture Secretary William Dar has joined the call to further open up the Philippine economy despite the COVID-19 pandemic persistence. This, according to him, could address the country’s food sufficiency level to address hunger amid the pandemic. Agriculture Secretary William Dar (MANILA...
The reimposition of the 40 percent tariff on mechanically deboned meat (MDM) will bring in additional P5.5 billion revenues to the country, but will only mean minimal increase in prices for consumers, according to Samahang Industriya ng Agrikultura (SINAG). SINAG made this case as it formally...
Coconut farmers are coming up with a position paper that will formally ask President Rodrigo Duterte to veto Coconut Farmers and Industry Trust Fund or the Coco Levy Act, which will pave the way for the release of the P100-billion Coco Levy Fund. (MB FILE, Keith Bacongco) Pambansang Kaisahan ng...
Some of the country's agri-fishery commodities, such as rice, pork, fish, and chicken, were sold in select markets in Metro Manila higher than their suggested retail price (SRP) almost throughout the holidays. Based on the latest price monitoring report of the Department of Agriculture (DA), SRPs...
