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NFA assures full cooperation in probe on alleged anomalous rice buffer stock sale

The Department of Agriculture (DA) assured Friday that the National Food Authority (NFA) shall provide all information needed for the investigation of the alleged improper sale of rice buffer stock. The DA made the remark following a report that an unnamed NFA official allegedly intended to withhold documents amid the investigation of the Office of the Ombudsman. “Nag-utos na rin …

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Phl, US join hands to combat TB

The United States government, through the U.S. Agency for International Development (USAID), and the Philippines’ Department of Health (DOH), announced P1.15 billion ($21 million) in additional funding to combat the persistent threat of tuberculosis (TB) in the Philippines.   With more than 737,000 estimated new TB cases in 2022, the Philippines has one of the highest burdens of TB in …

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Recto appeals for fairness in stories from economic journalists

Finance Secretary Ralph G. Recto called upon economic journalists to uphold the principle of fairness in their reporting of economic and fiscal affairs, recognizing their key role in shaping public understanding and better policymaking. “Call us out if we are wrong, and on times we have done something good, write about our wins––just the facts, no add-on praises needed. Because …

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Winners and losers in SMC’s scrapping the PAREX project

By Rose de la Cruz Has tycoon Ramon S. Ang of multi-diversified San Miguel Corp. finally decided to scrap or drop the P100-billion Pasig River tollway project, or as he clarified in a business paper, he is just contemplating and weighing the public sentiment against the cost-benefit of pursuing the project? This remains the biggest question todate, but already there …

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Survey finds Filipinos 2nd happiest in Asean

By Rose de la Cruz Filipinos do not figure in the top and bottom World Happiest Index of Gallup for 2024 but we did land on 2nd in the Association of Southeast Asian Nations, next only to Singaporeans. For the seventh consecutive year, Finland topped the 2024 World Happiness Report of Gallup, the UN, and the University of Oxford. The …

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Grant tax breaks to e-motorcycles

By Rose de la Cruz The Electric Vehicle Association of the Philippines (EVAP) – a legitimate industry group just like the car manufacturers – is pushing for tax breaks to e-motorcycles to help create a local e-vehicle manufacturing in the country. Needless to say that e-motorcycles and other electric transport systems are mostly imported. The government just recently granted tax …

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Two Pagcor Multi-Purpose Facilities inaugurated in Tarlac

Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco on Monday, March 18, led the inauguration of two newly completed multi-purpose centers in the towns of San Manuel and Victoria in the province of Tarlac. Mr. Tengco said the state gaming agency provided a total of Php100 million for both of the two-story projects. “Naglaan ang PAGCOR …

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Freedom March reenacted in Bataan

The re-enactment of the Freedom March or Death March in Bataan was concluded over the weekend with a cultural presentation depicting Filipino and American soldiers being herded into the internment camp by their Japanese captors.  Mike Villa-Real, vice president for marketing and communications of Philippine Veterans Bank (PVB), announced Friday the start of the re-enactment of the fateful march the …

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Marcos eyes meat trade, vaccine development with Czech Republic

President Ferdinand Marcos Jr. eyes to explore trade in meat products as he expresses interest to the medicines used by the Czech Republic to ensure the quality of meat and livestock products in the country. In an interview with the Philippine media delegation during his three-day state visit to Czech Republic, President Marcos said the Department of Agriculture (DA) is …

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NEDA bats for passage of ‘Konektadong Pinoy’ Bill

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday called for the passage of the ‘Konektadong Pinoy Bill’ or the Open Access in Data Transmission Bill to strengthen the country’s internet infrastructure and enhance digital connectivity. “NEDA supports the advocacy for the passage of the Open Access Bill, or its newest iteration, the Konektadong Pinoy Bill. This landmark …

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