By Riza Lozada Postharvest losses of the fishery sector is estimated at P20 billion a year, but this can be mitigated through the strict implementation of the Republic Act 10654 that limits commercial fishing, Dennis Calvan, executive director of NGOs (non-governmental organizations) for Fisheries Reform Inc., said.
Read More »ICTSI Subic unit gets more port equipment
Subic Bay International Container Terminal Corp. (SBITC), a unit of global port operator International Container Terminal Services Inc.(ICTSI), recently received and commissioned three new reach stackers and 16 new Kalmar Ottawa terminal tractors.
Read More »Would that the Philippines pull the likes of ‘Aling’ Norma and ‘Mang’ Joe out of peripheral shadows
End-of-season deep discounts on summer clothes as autumn creeps in have triggered in me wishful thinking again about Aling Norma’s itinerant home-service hemming and alteration services in Pureza, Sta. Mesa, where we used to live.
Read More »Rights group: Filipino child miners risk lives in gold mines
By Teresa Cerojano / The Associated Press Thousands of Filipino children, some as young as 9 years old, risk their lives by working in illegal, small-scale gold mines under terrifying conditions and the government has not done enough to protect them, a human- rights group said last Wednesday.
Read More »Letting Grace be Grace
Barely a week before the official filing of the certificates of candidacy, politicians of all stripes are scrambling to cobble together their respective groups that, hopefully, would be most palatable to voters by the time elections roll around in May next year.
Read More »Obama challenges Clinton, other 2016 candidates on Syria
By Julie Pace / The Associated Press Washington—United States President Barack Obama accused White House hopefuls of concocting “half-baked” ideas for solving the crisis in Syria, appearing to even dismiss his former Secretary of State Hillary Rodham Clinton’s call for a no-fly zone before later clarifying his view of the Democratic frontrunner.
Read More »Banks in region have good buffer vs currency woes–S&P
Banks in the Asia-Pacific region appear fairly well-padded against recent currency depreciations, according to a report, titled “Asia-Pacific Banks Seem Sufficiently Cushioned Against Currency Depreciation,” that Standard & Poor’s Ratings Services (S&P) recently released.
Read More »Yuan nears global-currency status
By Jerry Maglunog China’s yuan, now the world’s sixth most traded currency, is just a matter of months away from becoming the fifth unit in the special drawing rights (SDR), which will make it a currency acceptable for global use.
Read More »IMF chief: World economy likely weaker this year
Washington—The head of the International Monetary Fund (IMF) has said global growth will likely be weaker this year as the world economy confronts a host of problems, including a refugee crisis in Europe, an economic slowdown in China and a pending rise in US interest rates.
Read More »China sends Europe coveted new exports: jobs, investment
Lisbon, Portugal—When two Chinese companies appeared among the bidders to buy a troubled Portuguese bank this year, its staff took heart.
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The Market Monitor Minding the Nation's Business