The Philippine government may import more fish than the average amount in anticipation of this year’s closed fishing season, which could push food prices higher in the coming months. During the Food and Sustainability Forum organized by the Economic Journalist Association of the Philippines...
The local stock market dipped despite the report of a stronger than expected gross domestic product (GDP) for the second quarter as investors fret over the impact of the lockdown in the second semester. The main index shed 9.34 points or 0.14 percent to close at 6,623.23 with sectoral indices...
President Duterte has ordered the swift and orderly distribution of cash subsidy to poor residents affected by the hard lockdown in Metro Manila. As enhanced community quarantine took effect in the capital region, people line up at a vaccination site located at Justo Lukban elementary school in...
The local stock market opened the week on a high note following gains in the US last Friday and in anticipation of better economic data to be announced on Tuesday. The main index jumped 92.66 points or 1.42 percent to close at 6,632.57 as the Property sector surged 3.65 percent while the Mining and...
National Security Adviser Hermogenes Esperon Jr. did not mince his words in criticizing Vice President Leni Robredo and some "senior senators" over their proposal to realign the multi-billion peso budget of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) for the social...
Senator Leila de Lima has urged the government to allow Aklanons govern Boracay island and allow its local government to spearhead reforms and rehabilitation of the famous tourist destination. De Lima said she fears the bill that seeks to create a government-owned and controlled corporation (GOCC)...
The Metropolitan Manila Development Authority (MMDA) lauded the continuous vaccination rollout in the cities of Caloocan, Malabon, Navotas, and Valenzuela--also known as the CAMANAVA area--amid the prevailing enhanced community quarantine (ECQ) status in the National Capital Region (NCR). MMDA...
Socioeconomic Planning Secretary Karl Kendrick T. Chua raised his initial estimated losses from the two-week lockdown from P210 billion to P300 billion after other areas outside the National Capital Region (NCR) were also placed under varying levels of strict quarantine controls. Enhanced Community...
An in-house developed e-Payment system has been deployed to agencies under Department of Science and Technology (DOST) in a move to facilitate seamless business transactions and ensure those availing the services of its Institutes will be better served. (PIXABY) DOST Secretary Fortunato “Boy”...
The Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development of the Department of Science and Technology (DOST-PCAARRD) has bared the science and technology interventions that resulted in the improved production of Bicol’s “Tree of Hope”. Project leader Dr....
The National Economic and Development Authority (NEDA) said the government is ensuring stable and affordable food prices amid the implementation of the enhanced community quarantine (ECQ) in Metro Manila and stricter quarantines throughout the country. Screen Shot 2021-08-06 at 1.42.20 PM In a...
The Department of Social Welfare and Development (DSWD) has already downloaded more than P3.57-billion worth of “special” cash assistance to the local government units (LGUs) in areas under the enhanced community quarantine (ECQ) in Western Visayas and Northern Mindanao. Milo Patarata Sr. of...