PHILIPPINE COAST GUARD PHOTO THE PHILIPPINE Senate on Monday approved on third and final reading a bill that would fix the term of the commandant of the Philippine Coast Guard (PCG) to three years, expected to ensure stability in the agency’s leadership structure amid maritime tensions. Twenty senators unanimously voted in favor of House Bill […]
PHILIPPINE STAR/MICHAEL VARCAS THE Philippine Congress should fast-track the approval of proposed laws to make food affordable, a congressman said on Monday, as the Agriculture department looks to declare a food security emergency to curb mounting food prices. Agriculture Secretary Francisco P. Tiu Laurel, Jr. said last week his department will likely declare a food […]
PHILIPPINE STAR/KRIZ JOHN ROSALES THE Department of Agriculture (DA) said on Monday that it is expecting the harvest of palay (unmilled rice) this year to exceed 20 million metric tons (MMT), with officials seeking to fund a rice productivity program for an additional P10 billion. In a statement, Agriculture Secretary Francisco P. Tiu Laurel, Jr. said […]
PHILIPPINE STAR/KRIZ JOHN ROSALES THE Philippine Amusement and Gaming Corp. (PAGCOR) further reduced the fee paid by electronic games (e-games) operators to 30% of revenue to further encourage underground gaming operators to become licensees. The fee had earlier been reduced to 35% in April. In a statement, PAGCOR Chairman and Chief Executive Officer Alejandro H. […]
REUTERS THE Department of Tourism (DoT) of the Philippines and the Thai Ministry of Tourism and Sports have signed an agreement to help develop cultural and medical tourism in the Philippines. In a statement on Monday, the DoT said the five-year deal was signed on Jan. 19 in Johor Bahru, Malaysia. “For the Philippines, this […]
A vendor arranges eggs in boxes at a store along Blumentritt in Manila. — PHILIPPINE STAR/WALTER BOLLOZOS THE Department of Agriculture (DA) said it set aside P85.19 million to establish a network of egg production facilities for small-scale growers. In Memorandum Order No. 2, the DA said the program will fund the construction of small-scale […]
PHILSTAR FILE PHOTO By Justine Irish D. Tabile, Reporter THE Philippine Exporters Confederation, Inc. (Philexport) said the European Union’s (EU) Green Deal will require exporters, particularly the coconut industry, to comply with the trading bloc’s policies to remain competitive. “We had been carrying out info sessions and rendering technical assistance mainly with and through the […]
THE SENATE approved on third and final reading on Monday a bill extending the corporate life of the Power Sector Assets and Liabilities Management Corp. (PSALM) for five years, ahead of its original expiration date of June 2026. In a 20-0-0 vote, the chamber passed Senate Bill No. 2837, which would allow PSALM to continue […]
CAMPJOHNHAY.PH THE Bases Conversion and Development Authority (BCDA) warned the public on Monday against individuals selling hotel units at the Manor and Forest Lodge in Camp John Hay. In a social media post, the BCDA said it received reports that some individuals claiming rights to units at The Manor and Forest Lodge are selling their […]
DRAZEN ZIGIC-FREEPIK THE Bangko Sentral ng Pilipinas (BSP) said it is seeking to raise the level of financial inclusion for young people from the current 27% of 15 to 19-year-olds holding bank accounts. The central bank launched on Monday the Youth Financial Inclusion Initiative (YFI), a component of the National Strategy for Financial Inclusion 2022-2028. […]