The Market Monitor Minding the Nation's Business
The militaries of the Philippines and Singapore held a table-top exercise aimed at beefing up their coordination and interoperability during humanitarian assistance and disaster relief (HADR) missions. The activity, which ran from Wednesday to Thursday, took place at the Office of Civil Defense headquarters at Camp Aguinaldo, Quezon City, Armed Forces of the Philippines (AFP) public affairs office chief Col. …
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September, 2024
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23 September
NIA has new board chair
The National Irrigation Administration (NIA) on Thursday welcomed the appointment of Assistant Secretary Jeffrey Gallardo as the new chairperson of the NIA Board, following its transfer to the Office of the President (OP). In a statement, NIA Administrator Eduardo Guillen expressed optimism over the anticipated progress of the agency under Gallardo’s helm. “Your appointment marks a new chapter of leadership …
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23 September
Threat to the nation’s food security
The recent revelation by the Department of Agriculture (DA) that nearly 500,000 sacks of rice remain uncollected at the Manila International Container Terminal is both alarming and unacceptable. With the Philippine Ports Authority (PPA) pointing to deliberate delays by importers, the situation raises serious concerns about possible hoarding. This manipulation of rice supply to drive up prices is a clear …
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23 September
Rice prices stay high despite reduced tariff
Despite bigger import volumes of rice brought about by reduced tariffs, domestic retail prices for the grain have remained high at P50 to P65 per kilogram, market inspections showed. Imported rice that landed the country as of September 5 of nearly 2.9 million metrijc tons at reduced tariff of 15 percent (from 35 percent previously) by virtue of Executive Order …
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23 September
733-M people face hunger: FAO report
Around 733 million people all ovrr the world continue to face hunger. This was the dire warning of Director General Qu Dongyu of the Food and Agriculture Organization at the G20 Agriculture Working Group Ministerial Meeting in Chapada dos Guimaraes, Brazil as he stressed global targets remain “worryingly out of reach.” While notable progress has been made in the Latin …
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23 September
USDA sees more Phl imports of corn, wheat
The United States Department of Agriculture raised its forecast of corn imports of the Philippines to cope with the requirement of local hog industry and other users. The forecast came after reports of an expected 2.8 percent increase in local corm production from 8.2 million metric tons (MMT) to 8.4 MMT. Likewise, wheat imports of the country next year would …
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23 September
Marcos orders PCA to consolidate coco farmers for massive replanting
Despite the challenges being experienced by the coconut industry, Philippine coconut products continue to top the export market, which makes it more important for a massive coconut replanting program to ensure steady supply of coconut products in the export market. And for this, President Marcos ordered the Philippine Coconut Authority to coordinate closely with the Cooperative Development Authority and consolidate …
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23 September
Sugar output might suffer from lahar flows from Mt. Kanlaon
The country’s sugar production might suffer a setback if Mt. Kanlaon’s projected eruption materializes and lahar flows from the active volcano. This as the Sugar Regulatory Administration said it is on alert due to possible lahar flows which could threaten sugar plantations near the restive Kanlaon Volcano, Business Mirror reported. The volcano, which recently spewed ash, has been under close …
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23 September
Big night for Big J in the PBA
By Robert Andaya It will be a “Night of Legends” on Tuesday, September 24 Basketball great Robert Jaworski Sr. will be honored with a Lifetime Achievement Award during the 30th PBA Press Corps Annual Awards Night at the Novotel Manila Araneta City. Jaworski, nicknamed the “Big J” during his long and colorful career in the PBA from 1973 to 1998 …
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23 September
Gilas Youth set to undergo restructuring as Josh Reyes steps down
The Samahang Basketbol ng Pilipinas (SBP) will be restructuring the Gilas Pilipinas Youth program as head coach Josh Reyes has stepped down from his position. “We thank coach Josh for his service to the SBP and to the country in leading the Gilas Youth program for the past six years,” said SBP President Al Panlilio. “While he leaves his role …
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