PHILSTAR FILE PHOTO TOBACCO leaf production increased 7.45% to 45.4 million kilograms in 2024, with more farmers encouraged to plant by export opportunities and local government prodding, according to the National Tobacco Administration (NTA). NTA Deputy Administrator Nestor C. Casela said on Monday that the output boost was accompanied by a weakening of buying prices […]
Author: GoldMedalInvestments
NICHOLAS DOHERTY-UNSPLASH THE Philippine Ports Authority (PPA) is allocating P2.11 billion to improve Jose Panganiban port in Camarines Norte to make it suitable for servicing the offshore wind industry. The port regulator is inviting interested parties to submit bids for the port improvement project on or before Feb. 4, it said in a bid notice. […]
A man inspects solar panels in this file photo. — PHILIPPINE STAR/EDD GUMBAN By Justine Irish D. Tabile, Reporter THE Philippines can access a potential export market of $788.4 million for its solar photovoltaic (PV) modules if it properly addresses the non-tariff barriers hindering the trade, the Philippine Exporters Confederation, Inc. said. “For specialized solar […]
PHILIPPINE STAR/EDD GUMBAN THE Department of Agriculture said it is pushing to launch the cold examination facilities in agriculture (CEFA) in Angat, Bulacan before the end of the first half. “We will try to finish everything by first half,” Agriculture Secretary Francisco P. Tiu Laurel, Jr. told reporters. According to Mr. Laurel, delays in operating […]
FACEBOOK.COM/SEJONGCITYINFO A CONSORTIUM consisting of 23 South Korean public institutions and private companies has been formed to support members pursuing urban development projects in the Philippines. In a statement on Monday, South Korea’s National Agency for Administrative City Construction (NAACC) announced the formation of “Team Korea to the Philippines.” NAACC said that the consortium will […]
THE Department of Trade and Industry (DTI) has partnered with Dutch organization PUM Netherlands to develop high-value products from coconut husk in Davao. In a statement on Monday, DTI said that PUM Netherlands has helped 25 coconut-based enterprises and coconut farmers in the region. “Composed of volunteer senior business advisors, PUM Netherlands has been facilitating […]
The iconic façade of the Philippine International Convention Center. THE Department of Budget and Management (DBM) has started consulting with heads of government agencies in conducting the budget call forum for 2026. The forum, held at the Philippine International Convention Center in Pasay City, kicks off the preparatory stage for drafting the National Expenditure Program, […]
PHILIPPINE STAR/MIGUEL DE GUZMAN TAX COLLECTIONS from vapor products totaled P1.35 billion in the 11 months to November, according to the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA). OSAPIEA Undersecretary Jose Edwiniel C. Guilas speaking on behalf of Secretary Frederick D. Go, said tax collections from vapes surged […]
BW FILE PHOTO THE tobacco industry said it supports a pause in excise tax rate hikes and called for more efficient utilization of local governments’ national tax allotments (NTA). “If they think this moratorium will help the industry, I think it’s worth trying if it works in other countries. Anyway, we’re losing income. Why don’t […]
HIVE MODULAR By Justine Irish D. Tabile, Reporter US STARTUP Hive Modular, a maker of sustainable pre-fabricated homes, said its capacity expansion plans are intended to scale up its Philippine operation to make exports viable and to tap opportunities presented by the skills of the available workforce. “We always saw the Philippines as the place […]