THE Department of Agriculture (DA) said that rice production target for 2019 is likely to be met as rice farmers are expected to recover from the agricultural damage brought by tropical depression Usman.
THE Senate committee on economic affairs will consult with the government’s economic team in coming up with a mechanism that will help government quickly react to external price shocks.
THE DEPARTMENT of Finance (DoF) said that the proposal to abolish the Road Board is part of the succeeding package of the comprehensive tax reform program (CTRP), contrary to remarks by a House leader saying that the agency will be retained.
THE Department of Trade and Industry (DTI) said it will complete this week a preliminary investigation to determine whether the domestic cement industry needs safeguard measures to protect it from an alleged influx of cement imports in the past few years.
THE Board of Investments (BoI) said it is confident it will surpass the P1 trillion target for investment pledges in 2019.
AN estimated investment of P25.27 billion is required for the Boracay Inter-Agency Task Force to implement the Medium-Term Boracay Action Plan (BAP) which includes installation of safeguards against ecological degradation and sustained tourism activity, according to the National Economic and Development Authority (NEDA) on Monday.
HOUSE Majority Leader Rolando G. Andaya, Jr. on Monday proposed to “re-examine” the 2019 National Budget when both chambers convene at the Bicameral Conference Committee.
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As we hit the first month of the year, it is time for another round of renewal and compliance. What better way to start the year than to have a clear mind set of what needs to be accomplished.
2018 is a subdued year for many world-traded commodities. Prices are down. The Philippine countryside was not spared, as it is reeling from the effects of low farm prices of coconut oil palm and rubber. The bitter part is that farmers and workers are saddled with high food prices.
I have cited in past columns the most laughable statements in 2016 and 2017 of high profile public officials of the Rodrigo Duterte Administration. Many of the regular jesters in the Court of DU30 stayed on in 2018 to provide again much comic relief with their absurd, vacuous, or incredible utterances. While two of them have left the court, their replacements proved to be as capable as they drew much laughter with their ludicrous pronouncements. Here are what I consider the most laughable statements of high-ranking officials in 2018.
The Philippines’ Commission on Human Rights (CHR) has accepted the petition by Greenpeace and other environmental groups in mid-2016 and it has launched the “National Public Inquiry on the Impact of Climate Change on the Human Rights of Filipino People and the Responsibility of the Carbon Majors Therefor, If Any.”
This is in response to the article of Mr. Ramon Clarete published on 7 January 2019 titled, “Property Valuation Service: Are we losing international competitiveness?”
LOS ANGELES -- Jeff Teague contributed a pair of 3-pointers to a game-opening, 15-1 run on Sunday afternoon that paved the way for the host Minnesota Timberwolves to post a 108-86 rout of a Los Angeles Lakers’ squad missing LeBron James.
AL AIN -- Australia made the worst possible start to the defense of their Asian Cup crown on Sunday as Graham Arnold’s Socceroos were handed a 1-0 defeat by unfancied Jordan.
AL AIN -- Yemen will be making their Asian Cup debut when they face three-times champions Iran on Monday and while the players are set to be thrust into the limelight like never before the team’s assistant coach is confident stage fright will not be an issue.
HAWAII -- Xander Schauffele equalled the course record with an 11-under-par 62 to win the Sentry Tournament of Champions by a stroke ahead of Gary Woodland in Hawaii on Sunday.
The Chinese Grandmaster (GM) Ju Wenjun (born Jan. 31, 1991) was having a great 2018. In Marcb 2018 she challenged GM Tan Zhongyi for the women’s title and won it 5.5-4.5 to become the 17th Women’s World Chess Champion.
The timing of the firing came as a surprise -- a shock, even -- to many, including Tom Thibodeau himself. His fate as head coach of the Timberwolves was sealed when heralded acquisition of Jimmy Butler, supposedly the last piece they needed to compete with the best of the best, instead left in bad terms after a single year. Yet, even then, not a few quarters believed he would last the season, especially in light of the improvement, however incremental, they showed in the wake of the disgruntled All-Star’s departure.
LOCAL EQUITIES booked gains on Monday as investors turned upbeat prior to the start of meetings between the United States and China to defuse their ongoing trade war.
THE PESO maintained its strength for a second straight session on Monday, riding on dovish cues from the US Federal Reserve which kept the dollar at bay.
A MAKATI court has denied a motion for reconsideration by opposition Senator Antonio F. Trillanes IV on the Sept. 25, 2018 order for his arrest in connection with his revived rebellion case stemming from the Manila Peninsula Siege of 2007.
AN OFFICIAL of the Presidential Anti-Corruption Commission (PACC) on Monday said the commission is currently investigating corruption allegations against Labor Secretary Silvestre H. Bello III, Director-General Isidro S. Lapeña of the Technical and Skills Development Authority, and National Commission on Indigenous Peoples (NCIP) chairperson Leonor T. Oralde-Quintayo.
“NEVER MIND them,” said President Rodrigo R. Duterte’s spokesman, in response to questions about China’s latest tension with Taiwan.
SENATOR Joseph Victor G. Ejercito on Monday suggested that a portion of the road user’s tax should still be used for road safety projects.
SUPPORTERS of the Bangsomoro Organic Law (BOL) asked the Supreme Court (SC) on Monday to dismiss the petition late last year by Sulu Gov. Abdusakur A. Tan II against the law.
OIL COMPANIES are raising the prices of petroleum products this week as trading in the international market had taken a sharp turn on Thursday last week after days of steady decline, Energy officials said on Monday.
POLICE DIRECTOR General Oscar D. Albayalde said he has ordered the relieved of three intelligence officers who allegedly “leaked” a document ordering the profiling of members of the left-leaning Alliance of Concerned Teachers (ACT) Party-list, but added that he did not sign any such directive.
PHILIPPINE National Police (PNP) chief Oscar D. Albayalde yesterday issued a reminder that the gun ban period starts on Jan. 13 as prescribed by the Commission on Elections (Comelec) in line with the May 12 midterm polls.
Supreme Court Associate Justice Noel G. Tijam (left) receives a Certificate of Appreciation “for his around 3 decades of stellar public service” from the SC community as he attended his last flag ceremony Monday, Jan. 7, before officially retiring.
THE PHILIPPINE National Police (PNP) confirmed that the recovered gun shells and slugs from the site where AKO Bicol Party-list Rep. Rodel M. Batocabe was killed matched with the weapon used by gunman Henry Yuson.
THIS YEAR’S year’s P2-million Sinulog grand finale production will showcase a dance-drama-musical presentation dubbed as Sugbo Balikon Ko Ikaw, which will highlight present-day Cebu City to entice more visitors.
MILITARY troops have nabbed 13 “rogue personalities” and seized their firearms following an armed confrontation in Tungawan, Zamboanga Sibugay last Saturday, Jan. 5, as security forces step up the monitoring and pursuit of armed groups in the Zamboanga Peninsula region with the midterm election in May.
SITE DEVELOPMENT for the University of Santo Tomas (UST) in Barangay Ligaya, General Santos City is still ongoing, with start of operations expected by 2021.
NONPROFIT OUTFITS in the Philippines have become channels for funds from illegal activities, the Anti-Money Laundering Council (AMLC) said in a report, citing over P600 billion worth of transactions involving corruption and fraud over the past five years.
THE CENTRAL BANK plans to roll out more rules to manage credit risks, a senior official said, explaining that the new regulations will enable banks to be more flexible in pricing loans for retail clients.
AS IF FALLING for six straight years wasn’t enough, the Philippine peso is now facing an additional threat: a midterm election that may compound concerns about its economy.
ILOILO CITY -- The Department of Agriculture (DA) is seeking to develop the dairy industry in Iloilo province, using milk from the native carabao.
LOCAL AIRLINES are keeping a positive outlook for 2019, after the industry suffered last year when jet fuel prices soared.
AFTER Apple Inc.’s shock profit warning, investors were quick to make the connection: if Chinese consumers are cutting back on iPhones, Louis Vuitton handbags could be next.
THE World Bank (WB) said its assistance to farmers and fisherfolk in the Philippines has increased their income by 15% over four years, or halfway to the 30% target of income growth by 2021.
PHILSTOCKS FINANCIAL, Inc. sees the local bourse finishing the year within the 7,750 to 8,400 level, on expectations of higher spending due to the election season, improved corporate earnings, sustained economic growth, and lower inflation amid global headwinds.
THE streetwear scene in the Philippines got a new player with the recent opening of the first PUMA Select standalone store in the country.
GOVERNMENT SECURITIES on offer this week are expected to fetch lower rates as investor demand returns following the holiday season.
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