May, 2025

• 19 May

  ‘NatureNest’ launched to boost climate finance, green enterprises

  

  The Department of Finance (DOF), in collaboration with the United Nations Development Programme (UNDP) and supported by the Government of Canada, has introduced a new initiative aimed at expanding green and climate finance through nature-based solutions (NbS) in the Philippines. In a statement released last week, the DOF announced the launch of NatureNest, a six-month accelerator program under the “Accelerating …

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• 19 May

  CAMPI Golf starts 30th year celebration

  

  The Chamber of Automotive Manufacturers of the Philippines Inc., a group that binds leading 28 vehicle manufacturers in the country, started its 30th year celebration with a big bang as it held its Chairman’s Cup, in honor of its founding chairman and newly reelected Palawan Representative Jose Alvarez, at the Manila Golf & Country Club. No less than Rep. Alvarez …

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• 19 May

  Home Credit, KServico easy motorcycle financing 

  

  Home Credit Philippines (HCPH), the country’s leading consumer finance company, partnered with KServico, the widest retail network for motorcycles, 3-wheelers, e-bikes, appliances, laptops, mobile phones, and furniture in order to brings fast and easy financing to nearly 180 KServico stores across Metro Manila and Luzon, making it more accessible and convenient for Filipinos to own motorcycles and experience “New Rides …

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• 19 May

  Osial, Bernal lead 11th Shell Media Golf

  

  Shell Pilipinas Inc., one of the Big 3 in the local fuel market, held its 11th staging of the Shell Media Golf early this month as part of its 111th anniversary celebration at the Manila Golf & Country Club. Led by its lady president and CEO Lorelie Osial, the event gathered media practitioners from broadcast, print, digital media, and other …

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• 19 May

  Cleanfuel’s Suntay reclaims House seat

  

  Atty. Bong Suntay, the head of Cleanfuel stations in the country, returns to the House of Representatives after securing a very close victory in Quezon City’s 4th District,  Atty. Suntay expressed his heartfelt gratitude to his constituents. “Ang tagumpay na ito ay hindi lamang para sa akin. Ito ay tagumpay ng bawat mamamayan ng District 4 na naniniwala sa tapat …

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• 19 May

  Seasonal tariff for rice is unsound

  

  BEYOND ELLIPTICAL By Rose Marie de la Cruz Just glancing at the idea of imposing seasonal tariff for rice, I don’t know just how systematically this can be implemented, without opening the floodgates for corruption and other trade malpractices. As it is, EO 62, which was revised in June 2024, including changing its nomenclature, failed in its mission to protect …

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• 19 May

  First quarter meat imports up 25.9 percent

  

  The country’s meat imports surged by 25.9 percent (year-on-year) in the first quarter of 2025 due to higher demand for pork and chicken imports, the Bureau of Animal Industry (BAI) reported. The BAI data released Tuesday showed that total meat imports in the January to March this year rose to 344.59 million kilograms from 273.64 million kg for the same …

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• 19 May

  Local tobacco taxed more than smuggled ones

  

  Tax-paid local cigarets cost P140 per pack while those smuggled or untaxed are sold at P66.15 per pack, with the P100 per pack difference endangering the profitability and sustainability of homegrown tobacco. Thus, the Philippine Tobacco Institute  asked the government to calibrate the taxes for homegrown tobacco against the smuggled ones and called for tighter enforcement of laws against smuggling …

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• 19 May

  4 LGUs in Visayas to pilot sale of P20/kg rice

  

  Cebu, Bohol, Siquijor and Southern Leyte are joining the subsidized rice initiative with an initial combined order of 673,000 (50 kilo) bags and sell these to their constituents for P20/kg. in keeping with the campaign promise of President Marcos in 2022. The National Food Authority (NFA) said that it had shipped 35,000 bags of well-milled rice to Cebu on Monday …

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• 19 May

  Bigger, better Larga Pilipinas back on the road on August 2

  

  The Larga Pilipinas, in sync with its vision of helping the sport of cycling to get bigger and more popular, will hold a six-stage race that will start in cycling hotbed in Cabanatuan City, Nueva Ecija on Aug. 2 and will end in mountaintop Baguio in Aug. 7. Organizers are expecting to surpass the record 10,000 participants they drew the last …

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