Apprehensive that a trade war is now brewing between the Philippines and Brazil over the import ban that the Department of Agriculture (DA) imposed on Brazilian poultry meat, the Philippine Association of Meat Processors Inc. (PAMPI) has strongly urged government to prevent this from happening. In...
Panay Energy Development Corporation (PEDC), a subsidiary of Global Business Power Corporation (GBP), was bestowed highest compliance rating among coal-fired power plants in the country, on its adherence to the rules being enforced by the Wholesale Electricity Spot Market. The company, in a...
CITY OF SAN FERNANDO, Pampanga – A total of P43, 526, 136.68 worth of farm equipment was turned over to 38 farmers' associations in this province to assist farmers in addressing the threat of hunger amid the COVID-19 pandemic. Agriculture Secretary William Dar, assisted by Gov. Dennis...
Businesses are pessimistic about their operations in the short-term as sales revenue remained depressed despite the easing community quarantine, a survey commissioned by the government and World Bank revealed. Based on the results from the Philippines COVID-19 firm survey, business owners claimed...
The national government’s two main tax agencies exceeded their revised collection target in the first eight-months of the year, but remained lower than last year’s performance, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said the Bureau of Internal Revenue...
State transport authorities and stored value or "beep" cards provider AF Payments Inc. (AFPI) remain deadlocked over the issue of making the cards free for commuters, as of presstime. (PNA / MANILA BULLETIN) AFPI today issued a statement to the media, effectively saying that the Department of...
Oil firm Cleanfuel bucked the trend even as most of its competitors have implemented slight upward adjustments in pump prices this week to the tune of P0.10 per liter for gasoline products, and P0.20 per liter for kerosene products. MB file photo. (Mark Balmores) Cleanfuel, which is among the...
Given electricity demand increase in the Luzon grid last month, power utility giant Manila Electric Company (Meralco) is anticipating marginal rate hike to be reflected in their customers' October bills. MERALCO logo “Initial data suggest that generation charge costs for October will have a...
Fishers’ group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (PAMALAKAYA) is asking the government to look for other solutions to the expected shortage of tilapia and galunggong, stressing importation in not the answer as this will be detrimental to small fishermen. PAMALAKAYA National...
The commercial operations of the country’s Renewable Energy Market (REM) for on-grid installations had been re-scheduled to June next year -- factoring in a one-year delay because of the continued pummeling of the health crisis, according to the Department of Energy....
Pineapple and watermelon are currently the most profitable fruit commodities in the Philippines with growers posting record high return of investments (ROI) of 377 percent and 220 percent, respectively among other fruit growers in 2019. At 70, Tata Aldong still plows and tills the land, and even...
The country’s Malampaya field logged its all-time high gas production at 155.495 billion standard cubic feet (scf) last year, according to data from the Department of Energy. The Malampaya gas field uses an innovative and sustainable deepwater technology for recovering natural gas from the...
