Tax incentives for food providers

By John Steven Alburo
During one of my yearly home visits, I asked my father why there were no more cornfields visible along the roads. He replied “Alkanse na ang pang uma karon dong uy” (Farming is no longer profitable nowadays, son). I sensed his frustration as he was once a farmer. He then added that the cost of farming inputs, as well as the effects of climate change, prompted him to quit farming.

Growth in 2021 agriculture output ruled out due to typhoon damage

AGRICULTURE OUTPUT in 2021 is expected to contract due to damage incurred late in the year from Typhoon Odette (international name: Rai), an analyst and industry representatives said.

ERC assures power will be sufficient during election

THE ENERGY Regulatory Commission (ERC) said it expects no power interruptions during the campaign, election, and canvassing period, with contracts for reserve power currently awaiting approval.

Debt service bill triples in Nov. to P81.24 billion

THE National Government made debt service payments in November amounting to P81.24 billion, or triple the year-earlier total, after amortization payments surged, according to preliminary data from the Bureau of the Treasury.

Legislators hopeful of House approval for water dep’t measure 

LEGISLATORS expressed hope that the House of Representatives will approve a bill seeking to create a water management department, after the bill hurdled committee-level evaluation.

PHL files instrument of accession to Istanbul Convention

THE PHILIPPINES has deposited its Instrument of Accession to the Istanbul Convention, which will help exporters access foreign markets, the Department of Foreign Affairs said on Sunday.

Paracetamol supply stabilizes in Metro Manila 

THE SUPPLY of paracetamol in Metro Manila has stabilized following reports of drug store shortages earlier this month, the Department of Trade and Industry (DTI) said. 

Indonesia assures PHL on coal supply

THE PHILIPPINES has received assurances on Indonesia’s intention to resume coal exports once Jakarta allocates sufficient quantities for its domestic needs. 

Accelerating the integrity agenda

By Roderick M. Vega
The EY Global Integrity Report 2022 shows us that 97% of survey respondents — consisting of 4,762 board members, managers and employees from large organizations in a wide spectrum of industries, including financial services, government and public sector, consumer products, manufacturing, life sciences, professional services and others from 54 countries in North and South America the Far East, Western and Eastern Europe, and the Middle East, India and Africa — place a high value on corporate integrity.

Groups urge Senate to ratify PHL RCEP membership

THE Financial Executives Institute of the Philippines (FINEX), Makati Business Club (MBC), Management Association of the Philippines (MAP) and the Philippine Council for Foreign...

BoC collects P29M additional duties from smuggled farm products

THE Bureau of Customs (BoC) collected P29 million in additional duties from smuggled farm produce in 2021 after scanning shipments entering the country's ports,...

Solane confiscates illegal LPG tanks worth P2.66M in 2021

LIQUIFIED petroleum gas (LPG) supplier Solane confiscated 1,024 illegal LPG tanks worth almost P2.66 million in 2021 from several raids nationwide, it said on Friday.  The company...