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.
Aquaculture industry given go-ahead to more fully exploit mangrove crab resource
THE aquaculture industry has been given the go-ahead to catch more juvenile mangrove crabs and crablets to help with restocking, an order which authorities billed as an aid to the industry’s recovery.
Mandatory OFW insurance recommended for agency hires only
LABOR OFFICIALS told Congress that mandatory insurance for overseas workers should only apply to agency hires for now, citing the need to clear up some legal and budgetary hurdles before such a policy is legislated.
Pharma industry pushes back on drug price control board
DRUGMAKERS said further price controls on their products will hinder the industry in recovering from the economic downturn triggered by the pandemic.
Hog population expected to decline if pork imports expanded
HOG NUMBERS, decimated by African Swine Fever (ASF), could decline further next year if the government expands the quota for pork imports, discouraging growers from rebuilding their herds, the pork industry said.
First Gen to make 690 MW available for Energy dep’t green energy program
FIRST GEN Corp. said Wednesday that it will make available around 690 megawatts (MW) of geothermal power for the green energy option program (GEOP).
Share swap enabling third telco backdoor listing hurdles competition regulator
A SHARE SWAP that will facilitate the backdoor listing of third telco DITO Telecommunity Corp. has been approved by the competition regulator, with the market proceeding to revalue the shares of one of the swap parties with a 25% drop.
PHL needs more resources to police illegal fishing — USAID
THE GOVERNMENT needs to devote more resources to curtail illegal, unreported, and unregulated (IUU) fishing, the United States Agency for International Development (USAID) said.