The one-time financial assistance that the Senate directed the Department of Agriculture (DA) to provide to rice farmers amid the declining prices of palay would not be enough, a group of rice farmers said. (MB file, Keith Bacongco) Federation of Free Farmers (FFF) National Manager Raul Montemayor...
Finance Secretary Carlos G. Dominguez III urged local business owners to work on ways to regain the strength of consumer sentiment shattered by the uncertainty spawned by the COVID-19 pandemic. Speaking at a recent webinar hosted by the Iloilo Business Club (IBC), Dominguez said the challenge...
To allow the entry of investors in the upstream petroleum sector, primarily China National Offshore Oil Corporation (CNOOC), President Rodrigo Duterte has already lifted the moratorium on seismic as well as oil and gas drilling activities at the West Philippine Sea (WPS), a disputed territory....
State-run Philippine National Oil Company (PNOC) has inked a deal with American firm New Fortress Energy LLC (NFE) for the setting up of liquefied natural gas (LNG) installation in the country. In a statement to the media, the Department of Energy (DOE) qualified that the memorandum of...
The Department of Agriculture (DA) is eager to get rid of its pro-importation stance, but admitted that there's still a need to import food because local production is still not enough. “We need to take care of our local commodity industry. Local production is the priority, and importation is a...
MB file Senators have crossed party lines to commend the Department of Finance (DOF) for its competent and efficient management of state finances in the face of the massive public spending needed to mitigate the health and economic effects of the pandemic. Senate Minority Franklin Drilon...
With the service contract of the Malampaya gas field expiring in four years, Energy Secretary Alfonso G. Cusi sounded off that the next best option for the country is to take the course of liquefied natural gas (LNG) importation. Energy Secretary Alfonso G. Cusi In his keynote message at the 9th...
Millers and traders are blaming the poor quality of unhusked rice being produced by farmers to the current low prices of the staple food. (MANILA BULLETIN FILE PHOTO) This was validated by Agriculture Secretary William Dar, who said consumers now prefer quality rice. In a statement, the Department...
The Department of Transportation (DOTr) on Tuesday ordered all transportation sectors to implement the “one-seat apart” rule, operationalize more public utility vehicle routes and units, and speed up service contracting for buses and jeepneys to accommodate more commuters. This came after...
The Department of Finance (DOF) said that local airlines have yet to submit the final loan plan to activate their P700 million financial support earmarked under the government’s economic stimulus programs. (Manila Bulletin File Photo) Finance Secretary Carlos G. Dominguez III said the amount of...
“Rice remains as the staple food of Filipinos. And there is no food that is used as widely as rice,” says Department of Trade and Industry Undersecretary Ruth B. Castelo on the Philippines being the sixth largest rice-consuming countries in the world. After over a year of enactment of the...
Customers of Manila Electric Company (Meralco) will have to shell out additional cash on their electricity budget as the overall rate of the utility firm would be higher by P0.1212 per kilowatt hour (kWh) in their October billing. With the upward adjustment, the rate of Meralco this month will be...
