The Market Monitor Minding the Nation's Business
The Philippine Air Force (PAF) honored the Indonesian aerial contingent for its invaluable humanitarian assistance and disaster relief (HADR) efforts in response to Severe Tropical Storm Kristine (international name Trami), which severely impacted large parts of the Philippines last month. In a statement released Thursday, PAF spokesperson Col. Ma. Consuelo Castillo highlighted that the Tentara Nasional Indonesia (TNI) deployed two …
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November, 2024
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11 November
PSA blocks over 1.6K late birth registrations
The Philippine Statistics Authority (PSA) has blocked 1,627 questionable late birth registrations filed by foreign nationals, a discovery made following an in-depth investigation. Senator Grace Poe reported these findings during her defense of the PSA’s proposed 2025 budget in a Senate plenary session. According to Poe, the PSA has provided the names of these foreign nationals to key government agencies, …
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11 November
BBM signs EBET Framework Act into law to address jobs mismatch
President Ferdinand R. Marcos Jr. signed the Enterprise-Based Education and Training (EBET) Framework Act into law on Thursday, seeking to address persistent job mismatches and cultivate a highly skilled, globally competitive Filipino workforce. “By establishing a framework on career advancement and industry-relevant skills, this law directly addresses the issues on the lack of formal training and skill mismatches, ensuring that …
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11 November
Navigating Trump 2.0
With Donald Trump’s re-election as US President, the Philippines faces both opportunities and challenges in redefining its long-standing alliance with the United States. Trump’s “America First” stance has reshaped US foreign policy priorities, with a focus on economic nationalism and selective engagement abroad. For the Philippines, this second term could bring shifts in trade, security, and diplomatic ties that require …
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11 November
BoC: Tariff cuts led to P16-B foregone revenues
By Rose de la Cruz Tariff ccollections from rice for the last six months will fall 57.45 percent to P12.1 billion because of the tariff cut to 15 percent until 2028. Customs Commissioner Bienvenido Rubio said the revenues from rice imports under the old tariff of 35 percent have been used to fund the programs and projects under the Rice …
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11 November
DA to push ratooning, use of inbred rice seeds
The Department of Agriculture is encouraging farmers to plant a third crop utilizing either ratooning or inbred rice seeds to compensate for palay lost in the recent super typhoons, DA Secretary Francisco Tiu Laurel Jr. said among the measures in the rice industry roadmap are ramping up crop intensity, promoting ratooning and encouraging farmers to plant a third crop. Laurel …
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11 November
Kristine’s farm damage at least 5.75-B
The Department of Agriculture estimated the toll from supertyphoon Kristine to agriculture and infrastructure at P5.75 billion and counting. The DA latest bulletin said the volume of production losses in Cordillera Administrative Region (CAR), Ilocos Region, Cagayan Valley, Central Luzon, Calabarzon, Mimaropa, Bicol Region, Western and Eastern Visayas, Soccsksargen and Caraga Region reached 557,851 metric tons (MT). Broken down, rice …
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11 November
Govt asked to stop fossil fuel use amid separate sea mishaps in Luzon
Following severe tropical storm Kristine and super typhoon Leon Greenpeace has called on the government to end fossil fuel dependence and to demand payment for loss and damage from those most responsible for the climate crisis. Typhoon Kristine killed at least 150 people and left at least P 6.5 billion in damages to infrastructure and agriculture. It also ran aground …
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11 November
TNT is back-to-back PBA Governors’ Cup champion
By Robert Andaya Sweeter the 10th time around for TNT Tropang Giga. With two-time Best Import winner Rondae Hollis-Jefferson leading the way as usual, TNT finished off Barangay Ginebra, 95-85, to retain the PBA Governors’ Cup crown before a wildly-cheering Friday night crowd of over 14,000 at the Smart Araneta Coliseum. The Tropang Giga, who captured the championship against the …
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11 November
Bacolod Tay Tung set to defend crown, join two other Visayas champs in Rebisco Volleyball League National Finals
Visayas seeks to continue proving that the finest girls’ volleyball players in the Philippines are found in its major island group as two regional dynasties and another worthy champion look forward to fly to Manila for the Rebisco Volleyball League (RVL) National Finals from November 22 to 25 in Mandaluyong. Defending national champion Bacolod Tay Tung High School, University of …
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