Senate Minority Leader Franklin Drilon on Tuesday, April 27, expressed belief that the government can maintain the tariff rates and adjust the minimum access volume (MAV) in the importation of pork to more reasonable levels. (MANILA BULLETIN File photo/Keith Bacongco) At the Senate Committee of the...
Amid the prevalence of African Swine Fever (ASF), state-run lender Land Bank of the Philippines (LANDBANK) has doubled its credit commitment to the local swine industry from P15 billion to P30 billion. This, according to the bank, will help local pork producers and feed millers to repopulate and...
Shenzhen Grandsun Electronics Co. Ltd., a Chinese sub contractor of a European company, is planning to expand operation in the country in one of the economic zones in Batangas City. This was revealed by Trade and Industry Secretary Ceferino S. Rodolfo at the recent virtual meeting with members...
Al Muzafar Agriventure Inc., also known as AMAVI SWEET BANANA, is investing P950 million to revive some 1,000-hectare Cavendish banana plantation in the municipality of Datu Abdullah Sangki and other towns in the Province of Maguindanao. The regional Bangsamoro Board of Investments (RBOI) of the...
Philippine businessmen Wednesday, (April 14) took a pause from their busy schedules to make a stand against China’s aggression in the country's territory. With that business groups rallied behind Defense Secretary Delfin Lorenzana, other government officials and various groups...
The Philippine government has allowed the mining companies that were suspended and ordered closed by former Environment Secretary and late Regina Paz Lopez in 2017 to continue operating. Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said on Tuesday that the government has decided to...
The recent enactment of Republic Act 11524, also known as the Coconut Famers and Industry Trust Fund Act (or Coco Levy Act) brings into sharp focus the significance of the coconut industry. “Can we call the coconut industry a sleeping giant?” inquired Agriculture Secretary William Dar in an...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) As the Philippine economy continues to tread the path towards post-pandemic recovery, keeping Micro, Small, and Medium Enterprises (MSMEs) relevant remains a challenge for us at the Department of Trade and...
The Philippine government will no longer extend the price ceiling on pork and chicken in Metro Manila, but will impose a price cap or suggested retail price (SRP) on imported pork only starting Friday, April 9. Agriculture Secretary William Dar announced during Wednesday, April 7 virtual briefing,...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) While there’s a growing awareness of the global competitiveness of Filipino products, there are still some Pinoys that are biased towards imported products because they think locally-made goods are not “high...
The Philippine Constructors Association (PCA) has warned that the move to further open the domestic construction industry to foreign contractors could displace Filipino firms, especially the small players. PCA President Wilfredo Decena issued this warning amid a projected growth in the sector...
The Philippines is a country of diverse talents. One of the many indicators of this is how Filipino MSMEs parade creativity and craftsmanship with their proudly local products. From everyday staples and necessities to products that one would consider a luxury, name it and it’s highly likely that...
