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Poultry, hog raisers decry stricter corn import rules

It ’s a double whammy for poultry and hog raisers as local corn prices spiked and the government issued stricter import regulations for the commodity......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

DA, Quezon government unveil P100 million agriculture trading post project

The Department of Agriculture and the provincial government of Quezon have unveiled a P100-million agricultural trading post that will enable farmers to directly sell high-value crops without the need to go through the middlemen......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

Robinsons Hotels, The Medical City tie up for travel care

The Medical City has partnered with Robinsons Hotels and Resorts to provide a seamless and convenient healthcare experience for every Filipino with their Hotel and Travel Care Packages......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

Ridgewood Towers Premier on track for 2022 opening

Construction works for the 31-story Ridgewood Towers Premier have resumed at a brisk pace after encountering delay due to the government-imposed lockdown, keeping the project on track to completion by the latter part of 2022......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

Vivant Energy, partner bag 15-year power supply deal

Vivant Energy Corp. and its partner have bagged a 15-year power supply deal with one of Pampanga’s electric cooperatives......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

Factory output contracts faster in October — PSA

Manufacturing output declined at a faster pace in October as capacity utilization among producers fell during the month, according to the Philippine Statistics Authority......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

PLDT lauded as reg’l leader in sustainability disclosures

Telco giant PLDT was recently lauded as a regional leader in environmental, social and governance reporting practices by the Sustainability Accounting Standards Board Alliance......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

Business registration made easier

While its nationwide launch has been postponed, officials of the Anti-Red Tape Authority say that the government’s central business portal or CBP is now up and running......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

Government downgrades economic forecasts for 2020

Economic managers further revised their forecasts downward this year as the prolonged community quarantine measures to contain the COVID-19 pandemic continue to take a heavy toll on economic performance......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

BSP issues rules for new digital banks

The Bangko Sentral ng Pilipinas has released the guidelines for the establishment of digital banks as it seeks to promote innovation in the banking sector and improve the accessibility of financial products to Filipinos......»»

Source: Philstar PhilstarCategory: Finance14 hr. 0 min. ago Related News

Inflation accelerates to 20-month high of 3.3%

Inflation rate jumped to a 20-month high of 3.3 percent in November from 2.5 percent in October on higher food prices following a series of typhoons that affected farm harvests, data from the Philippine Statistics Authority show......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

Government debt increased by P658.8 billion in October

The government’s total outstanding debt as of end-October 2020 rose by P658.81 billion, or 7 percent, to P10.027 trillion from the end-September level, driven mainly by the availment of external and domestic loans used to fund the budget deficit amid the COVID-19 pandemic, the Bureau of the Treasury said Friday......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

PSALM sells Cagayan and Bohol properties

State-run Power Sector Assets and Liabilities Management Corp. successfully sold early this week its real estate properties in Loboc, Bohol and Camalaniugan in Cagayan......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

Vivant signs P3-billion note agreement

Vivant Corp. signed a P3-billion note facility agreement to finance capital expenditures and refinance maturing debt......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

Bank loans posted smallest growth of 1.9% in October despite record-low interest rates

Outstanding bank loans rose 1.9 percent in October from a year ago, the smallest growth in years, despite the record-low interest rates set by the Bangko Sentral ng Pilipinas to encourage lending amid the pandemic......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

Manila Water and partners bag seven-year deal in Saudi Arabia

A consortium composed of Saur SAS, Miahona Company, and Manila Water Company Inc. bagged a seven-year deal to “manage, operate and maintain” the water and wastewater facilities of Saudi Arabia’s North West Cluster......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

Metro Manila Subway project to traverse 5 military properties

The Department of Transportation said Friday it signed an agreement with the Department of National Defense to use parts of its real estate properties for the Metro Manila Subway Project-Phase I......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

Japan health firm discloses plan to expand PH operations

Arkray Industry Inc., a subsidiary of Arkray Inc. of Japan, is expanding operations in the Philippines with plans to manufacture hemoglobin A1c test cartridge and assemble reverse transcription-polymerase reaction testing machines......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

November inflation rate hit 3.3% on higher food prices

The inflation rate in November climbed to a 20-month high of 3.3 percent from 2.5 percent in October on higher food prices following a series of strong typhoons that exacerbated the impact of COVID-19 pandemic, data from the Philippine Statistics Authority show Friday......»»

Source: Thestandard ThestandardCategory: Finance18 hr. 17 min. ago Related News

Bank loans on the brink of unusual fall as growth hits 14-year low

Such is the reality on the ground hampering the central bank’s efforts to encourage banks to lend to consumers and help on reviving an ailing economy......»»

Source: Philstar PhilstarCategory: FinanceDec 4th, 2020Related News