Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. on Thursday reminded celebrities, influencers, and endorsers of the recent Philippine Vape Festival 2024 to be mindful of the vape products that they promote. “Celebrities, influencers, and endorsers of the Philippine Vape Festival 2024 should be more responsible in promoting vape products. Instruct your agents or managers not to accept endorsements …
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August, 2024
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26 August
DMW bares programs seeking to promote welfare of OFWs
The Department of Migrant Workers (DMW) on Wednesday enumerated its plans on ensuring the protection and promoting the welfare and wellbeing of overseas Filipino workers (OFWs). Speaking during the Malacañang Insider program, DMW Secretary Hans Leo Cacdac said the agency’s new programs or initiatives include modernizing the National Maritime Polytechnic (NMP) for the benefit of Filipino seafarers, improving the OFW …
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26 August
DOE invites bidders for energy exploration projects
The Department of Energy (DOE) has called on interested parties to submit their bid documents for petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and the same activity for natural hydrogen in Central Luzon. In a statement Thursday, the DOE said it will open the application for the 1st BARMM Conventional Energy Bid Round and the 2024 …
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26 August
TMM pays tribute to Paris Olympics heroes on National Heroes’ Day
By Robert Andaya As the whole nation celebrates National Heroes Day on August 26, The Market Monitor takes look at the five Filipino athletes whose bravery and heroism in the recent 2024 Paris Olympics make us proud to be Filipinos. No less than the country’s No.1 sportsman, President Ferdinand “Bongbong” Marcos and the country’s top sports officials — Philippine Olympic …
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26 August
Business leaders as modern-day heroes
As the country celebrates National Heroes Day, we are reminded of the indomitable spirit that has shaped our nation’s history. From the revolutionary fervor of figures like Jose Rizal and Andres Bonifacio to the quiet resilience of countless unnamed heroes, the day serves as a collective homage to those who have dedicated their lives to the cause of freedom, justice, …
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26 August
FFF to Congress: Probe extortion at TESDA
By Rose de la Cruz The Federation of Free Farmers is asking Congress to investigate alleged extortion activities of some personnel at the Technical Education and Skills Development Authority (TESDA) from farm school owners and managers to expedite the release of grants for farmer-scholars. The same group also asked newly-appointed TESDA Director General Jose Francisco Benitez to conduct a similar …
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26 August
Is Ilocos Norte’s tomato plant another white elephant?
While still governor of Ilocos Norte, Ferdinand Marcos Jr. (now president) lobbied hard with his father, President Marcos Sr. and mom, First Lady, Imelda Romualdez Marcos to fund the Northern Foods Corp., that would process the province’s tomato products for value adding. Then costing P110 million, NFC (a failed tomato venture founded by Marcos Jr. in the 1980s), closed after …
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26 August
DA-BoC seize 300 tons of smuggled veggies
On August 16, acting on information from Agriculture Secretary Francisco P. Tiu Laurel Jr., a composite team from the Department of Agriculture-Inspectorate and Enforcement Office, the Bureau of Customs, and other law enforcement units, raided an illegal storage facility in Navotas that led to the seizure of over 300 tons of smuggled vegetables, including onions and carrots. Tiu Laurel cited …
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26 August
Can we sustain our dairy industry?
Much of our milk and cheese are imported because our country lacks grazing pastures for the ruminants and large cows have difficulty sourcing their food from the usual foraging areas and prices of imported grains are constantly rising. Exactly a month ago, the Inquirer featured the dairy industry’s prospects amid a climate change and the rapid urbanization of erstwhile pastures …
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26 August
LANDBANK recognized as outstanding BSP partner
LANDBANK was recognized for its strong support in the circulation and usage of the 1000-Piso polymer banknotes. The state-run Bank was also lauded for its vital role as the distribution arm of the National Government’s social welfare programs, ensuring the timely, safe, and efficient disbursement of cash aid to Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries.
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The Market Monitor Minding the Nation's Business