PHL rice inventory falls 7.7% at start of Feb.
THE rice inventory fell 7.7% from a year earlier to 2.193 million metric tons (MT) as of Feb. 1, the Philippine Statistics Authority (PSA) said.
VAT refunds during the pandemic
By Joanne P. Lansangan
The COVID-19 pandemic has forced businesses to explore new ways to improve their cash flow. One of the ways is to tap the government for VAT refunds. This recourse is available to taxpayers with unutilized input VAT attributable to zero-rated transactions and is governed by a process which was recently streamlined by the Bureau of Internal Revenue (BIR).
DoE to endorse 75 RE plants for feed-in tariff program
The Department of Energy (DoE) said Friday that 75 renewable energy (RE) plants with capacity of 1,323.01 megawatts (MW) of capacity will be endorsed...
Better rice yields raise farmer income by P7,000 per hectare
RICE farmers earned an additional P7,000 pesos per hectare two years after the implementation of Republic Act No. 11203 or the Rice Tariffication Law,...
Meat industry backs imports from bird flu-free regions of countries reporting outbreaks
MEAT importers are lobbying to allow the entry of poultry imports from regions within a producer country unaffected by highly pathogenic avian influenza (bird...
DoTr, DoE, DA pledge support for agriculture cold storage
By Angelica Y. Yang
The Departments of Agriculture (DA), Energy (DoE) and Transportation (DoTr) have signed an agreement to expand the "Palamigan ng Bayan" program to improve access...
More seized computers, devices to be donated to Education dep’t
THE Bureau of Customs (BoC) is conducting an inventory of seized computers and mobile devices to determine their suitability for donation to the Department of Education (DepEd), in aid of the latter’s remote learning operations.
USAID, DepEd sign P4.8-B deal to improve education system
THE United States Agency for International Development (USAID) and the Department of Education (DepEd) have signed a P4.8-billion assistance agreement to improve the education sector, the US Embassy in the Philippines said in a statement Thursday.
Pork industry warns of lost pricing leverage if imports expand
HOG RAISERS said plans to expand pork imports may actually result in higher pork prices if supplier countries gain leverage on pricing when the Philippines signals a high degree of dependence on foreign produce.
New CALAX segment expected to service 5,000 cars daily upon completion by third quarter
THE 7.2-kilometer segment of the Cavite-Laguna Expressway (CALAX), which runs between the Santa Rosa-Tagaytay Road Interchange and the Silang East Interchange, may open by the third quarter of the year, MPCALA Holdings, Inc. said Thursday.
Conducive climate for startups should be gov’t priority, not funding
GOVERNMENT SUPPORT for startups should focus on creating a positive regulatory environment for private investment, rather than trying to “do it all” by funding the sector itself, experts said at an Asian Development Bank (ADB) webinar.
Legislator says housing budget of P50B needed to address shortages
A MEMBER of a House of Representatives committee said she will propose an increase in the housing budget to at least P50 billion next year, following the panel’s approval of a resolution declaring a housing crisis.