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Rice, galunggong prices rise, meat down in early November

PHILIPPINE STAR/ MICHAEL VARCAS

PRICES of rice and galunggong (round scad) rose in early November, as pork and chicken prices declined slightly, according to the Philippine Statistics Authority (PSA).

During the period the PSA calls the first phase of November (Nov. 1-5), the national average retail price of well-milled rice rose to P47.55 per kilo, against P47.37 during the second phase of October (Oct. 15-17) and P47.30 a month earlier. The year-earlier price had been P55.11 per kilo.

The highest average retail price of well-milled rice in the first phase of November was recorded in the Central Visayas at P53.46 per kilo, against the P52.30 reported in the second phase of October.

The lowest retail price of well-milled rice in early November was reported in the Cagayan Valley at P39.88 per kilo, which rose from the P39.48 recorded in the second phase of October.

Galunggong prices rose to P241.71 per kilo in the first phase of November from P237.77 and P233.90 recorded in the second and first phases of October, respectively. A year earlier, the price for the staple fish had been P214.73 per kilo.

Retail prices of fresh pork (in bone-in form) averaged P315.63 per kilo, down from P320.98 and P323.58 in the second and first phases of October. Compared to a year earlier, pork prices rose from P299.93 per kilo previously.

The retail price of dressed chicken averaged P208.69 per kilo, against P210.03 and P211.14 in the second and first phases of October. Prices remained elevated compared to the year-earlier level of P202.71 per kilo. — Vonn Andrei E. Villamiel

Regulator finds possible competition law violations in flood control bid rigging

PHILIPPINE STAR/MIGUEL DE GUZMAN

THE Philippine Competition Commission (PCC) said on Tuesday that it found possible violations of the Philippine Competition Act in the course of its investigation into alleged bid rigging in flood control projects in Bulacan.

In a statement on Tuesday, the PCC said it referred, through its Competition Enforcement Office, its initial findings to the Department of Justice (DoJ) on Nov. 14.

In particular, the PCC said that it found possible bid rigging in certain flood control contracts at the Department of Public Works and Highways (DPWH) 1st District Engineering Office of Bulacan.

“Evidence gathered indicates that the contractors agreed to rig and manipulate the bidding process by having predetermined winning and losing bidders,” the PCC said.

“On the other hand, several public officers of the DPWH 1st District Engineering Office facilitated and ensured that the bid-rigging arrangement was followed,” it added.

The PCC defines bid rigging as collusion by bidders to manipulate the outcome of a public procurement exercise.

“Such conduct undermines competition, deprives the public of fair value, and wastes government resources,” it said.

The DoJ is set to “evaluate the referral and recommend either the conduct of further case build-up or proceed to preliminary investigation.”

“The PCC will continue to support the process and uphold its mandate to safeguard competitive markets and protect public interest,” the competition authority said.

The DPWH tapped the PCC to evaluate to what extent infrastructure bidding is affected by collusion. — Justine Irish D. Tabile

Canada seeking to expand PHL agri role after success of dairy, hog collaboration

REUTERS

By Vonn Andrei E. Villamiel

CANADA is seeking to expand its footprint in Philippine agriculture following the success of some of its collaborations in the Philippine hog and dairy industries, a Canadian government official said.

Diedrah Kelly, executive director of Canada’s Indo-Pacific Agriculture and Agri-Food Office, said at a food security forum late Monday that the use of Canadian technology in some Philippine farms has yielded efficiency and productivity gains.

“As a result of this technology, the yield on those cows is about a liter more (of milk) each day than what they had previously,” Ms. Kelly said.

“Canadian technology and genetic material are being provided for both pork and dairy,” she added.

The technology-sharing supports the Philippines’ drive to expand its dairy industry. The Department of Agriculture (DA) said it set a target of 5% of the Philippines’ dairy requirements to be serviced by domestic production within the next two or three years.

The Philippines currently imports about 99% of its dairy needs from Australia, New Zealand, and Canada.

Canadian Ambassador to the Philippines David Hartman said at the forum that Canada is working more closely with the Philippines to strengthen food security and support sustainable growth through stronger agricultural and trade ties.

“Food security is not just about access to food. It is about continual access to high-quality and safe food, which itself depends on the resilience of our supply chains, the sustainability of our agricultural systems and robust trading relationships,” Mr. Hartman said.

Mr. Hartman said Canada is a reliable supplier of agricultural products to the Philippines, exporting meat, grains, seafood and processed foods, while also providing expertise in climate-smart technologies, precision farming and sustainable practices.

Ms. Kelly added that Philippine experts and officials have visited Canada to observe its biosecurity practices to contain African Swine Fever (ASF) and other diseases.

According to the DA data, since ASF was first detected in the Philippines, the hog herd has fallen from 15 million head to around 8 million.

Ms. Kelly also cited the potential of plant-based proteins in addressing stunting in children, particularly the use of ingredients like peas and chickpeas, which are imported by the Philippines primarily for feed production.

“Canada produces a significant amount of peas and chickpeas, which have high levels of protein. They are very cheap, and there is the technology for pea protein extraction that can be used for the fortification of staples like noodles and rice. It is an area that Canada and the Philippines should explore more,” she said.

Canadian officials at the forum said collaboration and trade efforts between the two countries reflect the complementary nature of their agricultural industries.

In 2023, Canada was the Philippines’ 10th largest supplier of agri-food and seafood products, with imports amounting to around $460 million, according to Canada’s Agriculture department.

Top Canadian exports included frozen pork, which accounts for roughly 25% of Philippine pork imports. Canadian wheat and meslin, a mix of grains used in animal feed, also accounted for 9.2% of Philippine imports of such commodities.

The Philippines exports various high-value crops and fish products to Canada. According to the DA, agri-fishery exports to Canada grew from $109 million in 2020 to $148 million in 2024, the strongest performance in five years. 

The trade deficit in agri-food and fishery commodities remains around $340 million in Canada’s favor, according to 2023 data.

“While Canada does import fruits and vegetables from the Philippines, there is simply space to do more,” Ms. Kelly said.

At the forum, Arnel V. de Mesa, agriculture assistant secretary for special concerns and official development assistance (ODA), said the Philippines is looking to boost production and exports of high-value agricultural commodities.

“Rice is an important staple, but to make farmers profitable and bring them out of poverty, we should go beyond rice. The department has recognized the importance of high-value commercial crops,” Mr. De Mesa said.

Mr. De Mesa said the DA is focusing on boosting the production of coffee and cacao and is looking to Canada for support.

“Canada has very good innovation and technology that the Philippines can tap. By the end of December, we will be proposing several ODA projects focusing on coffee, cacao, and dairy … We are hoping that Canada and the Philippines can work together to help us bridge all those issues,” Mr. De Mesa said.

Mr. De Mesa said Canadian expertise could also be tapped for post-harvest facilities. He noted that post-harvest losses to the mango crop are around 37%, while losses to rice were 17%, much higher than Vietnam’s 8%.

Recently, the Canadian Embassy in Manila announced 12 new development projects in the Philippines worth more than P3.2 billion, covering agri-food trade, climate-resilient and adaptive food systems, water and food security, among others.

Canadian efforts in the Philippines are part of a broader pivot to Southeast Asia, amid uncertainties in North American trade.

Canada is currently negotiating a free trade agreement with the Association of Southeast Asian Nations to deepen trade and investment ties.

Gov’t urged to release remaining RCEF money in time for planting

REUTERS

A SENATOR is seeking the release of funds generated from rice import tariffs to support farmers in time for the planting season.

“The P13-billion in Rice Competitiveness Enhancement Fund (RCEF) funds that have not yet been re-released is worrisome, especially those meant for seed, because planting has already begun,” Senator Francis Pancratius N. Pangilinan said in a statement. 

He called on the departments of Finance (DoF), Agriculture (DA), and Economy, Planning, and Development (DEPDev) to focus funding on seedlings before the planting window closes.

The Rice Tariffication Law authorizes a certain amount of rice tariffs to be deposited with the RCEF for spending on items to modernize the domestic rice industry.

He added that the delayed disburdenment of funds could cause farmers to miss the planting window, resulting in lower rice yields and lost income for producers.

“The planting season runs from September to February, with peak planting in November to December in the Visayas and Mindanao, and December to January in Luzon,” Mr. Pangilinan said. 

He said delays in releasing funds have put on hold various programs involving farm mechanization, logistics, rice dryers, and training for 18,000 farmers.

“This is not a technical delay — this is a blow to productivity and food security,” he said.

Mr. Pangilinan also called for the urgent release of new tariff guidelines, which will index tariff levels using international rice prices as a basis.

“World rice prices are changing in real time. I hope tariff adjustments will also be real time, or near real-time,” he added.

Executive Order No. 105 set a 15% tariff on rice once imports resume by January, followed by flexible rice tariff adjustment system to be set by an inter-agency group. — Adrian H. Halili

EcoSolar granted environmental clearance for 20-MW Capiz battery storage project

ECOSOLAR Energy Corp., a Yuchengco group company, was granted an environmental compliance certificate (ECC) for its proposed 20-megawatt (MW) battery energy storage system (BESS) in Panitan, Capiz.

The Department of Environment and Natural Resources (DENR) has cleared the project as environmentally compliant, according to a statement.

EcoSolar is a subsidiary of PetroGreen Energy Corp., the renewable energy arm of publicly listed PetroEnergy Resources Corp.

PetroGreen Assistant Vice-President Yrel V. Ventura said the project has obtained other pre-development milestones such as local government unit endorsements, and the approval of a system impact study by the National Grid Corp. of the Philippines.

Built on a 0.6 hectare site, the BESS project is scheduled for commercial operations by the fourth quarter of 2026.

Mr. Ventura said that the storage project will support stability of the Panay sub-grid and add energy security for Panay communities.

PetroEnergy is aiming to increase its generation capacity to 500 MW by 2029. — Sheldeen Joy Talavera

Tomato, onion production rise in Q3

PHILSTAR FILE PHOTO

TOMATO and onion output posted strong gains on a seasonally adjusted basis in the third quarter, according to the Philippine Statistics Authority (PSA).

The PSA said tomato production for the three months to September was 57,320 metric tons (MT), up 43.9% from the previous quarter.

The 43.9% rise is the biggest increase in seasonally adjusted tomato output in at least nine years, according to PSA records.

Meanwhile, seasonally adjusted onion production in the third quarter rose 20.6% from a quarter earlier to 104,810 MT.

The third-quarter rise in onion output is the biggest increase in seasonally adjusted production since the fourth quarter of 2024.

Seasonally adjusted volumes, which strip out the effect of factors such as harvest season, trader demand, and lean production months, show the underlying trends in production, allowing for clearer comparisons across quarters. — Vonn Andrei E. Villamiel

PSEi dips on growth worries, weak Wall Street cues

BW FILE PHOTO

By Alexandria Grace C. Magno

PHILIPPINE shares retreated on Tuesday as investors weighed slower economic growth projections, lingering corruption issues and negative cues from US markets.

The Philippine Stock Exchange Index (PSEi) fell 0.38% or 22.46 points to 5,756.66, while the broader all-share index dropped 1.5% or 49.25 points to 3,231.55.

“The local market’s sideways movement ended in negative territory as it gave in to selling pressures,” Japhet Louis Tantiangco, research manager at Philstocks Financial, said via Viber. “Investors digested Finance Secretary-turned-Executive Secretary Ralph Recto’s projection for 2025 GDP (gross domestic product) growth of 4.7-4.8%.”

“The lingering corruption issues amid the latest developments also weighed on sentiment,” he added.

Profit taking after Monday’s sharp gains added to the decline, according to Luis Limlingan, head of sales at Regina Capital Development Corp.

“Investors turned cautious after locking in gains from the previous session’s strong run,” he said in a Viber message, noting that sentiment dropped somewhat after Mr. Recto’s growth comments.

Sector performance was mixed. Services slid 1.65% to 2,361.09, mining and oil fell 1.31% to 12,826.45 and industrials dropped 1.06% to 8,387.74.

In contrast, property rose 1.12% to 2,109.62, financials added 0.27% to 1,898.35 and holding firms inched up 0.02% to 4,483.45.

SM Prime Holdings led gainers, climbing 4.65% to P21.40, while ACEN Corp. lagged, falling 5.69% to P2.32, Mr. Tantiangco said.

The decline followed US market weakness. On Monday, the S&P 500 and Nasdaq closed below their 50-day moving averages for the first time since late April, as investors awaited corporate earnings — including Nvidia — and a delayed US job report. The Dow also slipped below its 50-day average for the first time since Oct. 10, Reuters reported.

Market breadth was negative, with losers outnumbering winners 94 to 74, while 60 stocks were unchanged.

Value turnover decreased slightly to P6.67 billion on 1.15 billion shares traded, down from P6.76 billion on 1.12 billion shares on Monday. Net foreign selling widened to P1.31 billion from P171.2 million, reflecting cautious sentiment among overseas investors.

DTI, Converge to launch AI training hub by Q1

THE Department of Trade and Industry (DTI) is partnering with Converge ICT Solutions, Inc. to launch an artificial intelligence (AI) and startup center, which is intended to help boost the global competitiveness of micro, small and medium enterprises (MSMEs).

In a briefing on Tuesday, Nylah Rizza D. Bautista, Trade assistant secretary and supervising head of the Competitiveness and Innovation Group (CIG), said that the hub will go live by the first quarter.

“This initiative aligns with our mandate under the Philippine Innovation Act, the Innovative Startup Act, and the Tatak Pinoy Act, the laws that drive productivity, competitiveness, and inclusive innovation,” she said.

“Digitalization is no longer optional for our MSMEs, and this partnership will help them future-proof for a fast-changing economy,” she added.

She said the hub will be open to all startups to co-create and network with the leaders in the industry, as well as to learn about the AI platforms that can be useful for MSMEs.

“By doing this, (we fulfill) our commitment to ensure that every entrepreneur, from small store owners to exporters, has access to the tools that drive innovation,” she added.

Converge Senior Vice-President and Head of its SME group Dindo G. Marzan said the partnership offers a platform for MSMEs to survey available solutions and train them on such technologies.

“If MSMEs can learn how to use, let’s say, ChatGPT or AI-enabled solutions, I’m pretty sure they’ll be able to save a lot on costs and make sure they become effective in what they do to grow or expand their business,” he said.

Under the partnership, Converge will support DTI programs by expanding MSME access to reliable connectivity, digital onboarding assistance, and capacity-building initiatives.

“These efforts also reinforce the DTI’s ongoing work in nurturing emerging startup communities and helping entrepreneurs explore technologies such as e-commerce automation, cloud solutions, and responsible use of AI tools to improve business efficiency,” the DTI said. — Justine Irish D. Tabile

UP eyes the twice-to-beat edge against Final 4 hopeful Ateneo

UNIVERSITY OF THE PHILIPPINES FIGHTING MAROONS — UAAP

Games on Wednesday
(SM Mall of Asian Arena)
7:30 a.m. – Ateneo vs UPIS (16U)
9:30 a.m. – ADU vs DLSZ (16U)
11:30 a.m. – ADU vs DLSU (Women)
1:30 p.m. – ADU vs DLSU (Men)
4:30 p.m. – Ateneo vs UP (Men)
7 p.m. – Ateneo vs UP (Women)

REIGNING champion University of the Philippines (UP) guns for the second and last twice-to-beat edge against Final Four hopeful Ateneo de Manila University in the Battle of Katipunan to kickstart the final week of the UAAP Season 88 men’s basketball eliminations on Wednesday at the SM Mall of Asia Arena.

Action kicks off at 4:30 p.m. for the main game of the pivotal double-header that also features De La Salle University (6-5) and Adamson University (5-7) at 1:30 p.m. in hunt for the last two seats in the semifinals after the qualification of National University (NU) (11-2) and UP (9-3).

La Salle, Adamson and Ateneo (5-6) along with Far Eastern University (5-7) figure in a logjam midway through the rankings with University of Santo Tomas (7-5) having an inside track one game up.

And the pressure is on UP not to be dragged down the mud race despite being in the Final Four already with a possible 10th victory that would ice its place in the Top Two for a win-once bonus with NU.

“Our mindset is consistency. We’re just gonna take it one game at a time,” said mentor Goldwin Monteverde as UP clinched a Final Four ticket for the fourth straight season under his watch.

As it stands, UP is already assured of at least a playoff for the No. 2 seed but could still be joined by La Salle and Santo Tomas — with only five losses — to a three-way tie at 9-5 for more complications. And the Diliman-based dribblers want none of it, here and now.

The Fighting Maroons nearly lost steam in that bid with a gritty 70-65 win over Adamson to seal a Final Four entry for the seventh straight season, the longest active streak in the UAAP since 2018.

UP wasted a 16-point first-half lead before Gerry Abadiano and Francis Nnoruka stepped up for the struggles of aces Rey Remogat and Harold Alarcon to avenge its 62-59 buzzer-beater loss in the first round.

That’s the ninth win in the last 10 games for the Fighting Maroons after a 0-2 start but for Mr. Monteverde, it only gets tougher from here if they wish to defend their title and earn a fifth straight finals appearance.

“We need to learn to try finishing off what we started every game,” ordered Mr. Monteverde as UP shoots for a repeat win over Ateneo after an 83-69 win in the first round.

Ateneo, however, who started the season at 4-0, definitely wants payback to stay afloat after a costly 69-57 defeat against Santo Tomas.

The Blue Eagles, under Tab Baldwin who has won them four titles, finished at the cellar in Season 87 with a 4-10 slate and despite a hot start fell to their sixth loss in the last seven matches to lose steam in a redemption bid at fifth spot now. — John Bryan Ulanday

Karl Eldrew Yulo leads Team Philippines in FIG Artistic Gymnastics Junior World Championships

KARL ELDREW YULO — PHILIPPINE STAR/JUN MENDOZA

THE stage is set for Karl Eldrew Yulo, Olympic double-gold medal winner Carlos Yulo’s talented younger brother, to make a name of his own as he spearheads the country’s ambitious medal bid in the 3rd FIG Artistic Gymnastics Junior World Championships unfurling on Thursday at the Marriott Grand Ballroom of the Newport World Resorts in Pasay.

Mr. Yulo, 17, is the country’s best chance at snaring a medal, possibly a gold, after training for months in Japan under Munehiro Kugimiya, the same Japanese coach that trained and molded the elder Mr. Yulo to what he is now — an Olympic and world champion.

“He almost won in a competition in Japan and he’s doing really well,” said Gymnastics Association of the Philippines President Cynthia Carrion during yesterday’s Philippine Sportswriters Association Forum at the Rizal Memorial Sports Complex.

Ms. Carrion was referring to Mr. Yulo’s performance in the just concluded All-Japan Championships in Takasaki, Japan where he suited up for the Sohgoh Gymnastics team that Mr. Kugimiya is coaching.

There, Mr. Yulo competed in the floor exercise, vault and horizontal bars and helped his squad finish fourth in the team event.

Mr. Yulo quietly flew in on Monday and should be ready for perhaps the biggest competition in his young life thus far.

“I think Eldrew will go for gold in the floor (exercise) and he’s also good in rings, vault and p-bars (parallel bars),” said Ms. Carrion, who is organizing the event supported by Smart, PLDT and Cignal TV.

Also competing is Elizabeth Antone, who copped a vault silver and an individual all-around bronze in the Asian Junior Championships in Jecheon, South Korea last June.

Interestingly, Ms. Carrion said they were granted by the FIG the right to field in a team in both the men’s and women’s divisions with the ladies also comprising of Sabina Tayag, Maxine Bondoc and Jellian Bantilan.

“I’m praying and hoping they survive but I think it’s a good experience for them because in the future I’m sure they’ll do better,” said Ms. Carrion.

Fittingly, Journey front man Arnel Pineda will sing the five-day event’s official anthem titled “Going for Gold” in the opening ceremony that actor and model Derek Ramsey is hosting.

Ms. Carrion said all 74 countries seeing action have arrived and all-accounted for. — Joey Villar

Gilas all set for the back-to-back games against Team Guam in FIBA World Cup Asian Qualifiers

COACH TIM CONE — FIBA.BASKETBALL

GILAS Pilipinas has reassembled with much excitement, laser-focused on setting the right tone in its Group A opening assignments in the FIBA World Cup Asian Qualifiers against Guam.

Coach Tim Cone said the Nationals are determined to take care of business in back-to-back games in Guam (Nov. 28) and at the Blue Eagle Gym (Dec. 1).

“We’re all chomping at the bit, ready to go,” said Mr. Cone, who has expanded the pool to 18 with the addition of big man Quentin Millora-Brown (QMB) and do-it-all guard Juan Gomez de Liaño.

“We know how important these games are in terms of the big picture, in terms of going to the World Cup. Our ultimate goal here is to make the (2028) Olympics and we can’t do that unless we get to the (2027) World Cup and we can’t do that unless we beat Guam. So that’s how important this Guam series is.”

After Guam, the Nationals will face heavyweights Australia and New Zealand in home-and-away encounters in the next two windows. The aim is to finish in the Top 3 to advance to Round 2 of the Continental Qualifiers.

Gilas opened camp at the Blue Eagle Gym on Tuesday with Messrs. Millora-Brown and Gomez de Liaño on hand to get their first feel.

They were welcomed by naturalized player Justin Brownlee, PBA stalwarts June Mar Fajardo, Scottie Thompson, Cjay Perez, Chris Newsome and Japeth Aguilar and overseas-based players Dwight Ramos and Jamie Malonzo as well as alternates RJ Abarrientos and Troy Rosario. Calvin Oftana, nursing a hamstring injury, was also present on Day 1 but didn’t participate.

A 6-foot-10 stud, Mr. Millora-Brown is expected to shore up the frontline that will continue to miss Kai Sotto, who’s still recovering from an ACL injury.

“We’re looking forward to having him,” Mr. Cone said of QMB, now on board after being reclassified by the FIBA as a local.

Mr. Gomez de Liaño, for his part, should help fill in the need for a “pure point guard.”

“That was a position that we felt we could use a little bit more of a scorer and a ball controller and a pick-and-roll guy.” Mr. Cone said.

“I was just really impressed with Juan’s defense. I thought his defense was really spectacular. And that’s what we expect from the point guard position. We want a great defender because in the international game, there’s so much initiation through the point guard and the high screens and all, they initiate so much.”

The rest of the Gilas 18 — Kevin Quiambao, Carl Tamayo, AJ Edu, backup naturalized player Ange Kouame — are expected in the next few days. Though not slated to play, Mr. Sotto is coming over to support the squad.

After the initial sessions in Metro Manila, the Nationals are set for an isolated camp at the Inspire Sports Academy from Nov. 21 to 23 before leaving for Guam on the 25th. — Olmin Leyba

Tabuena competes in PIF Saudi International for a LIV Golf slot via International Series Rankings

MIGUEL TABUENA — ASIAN TOUR/GRAHAM UDEN

MIGUEL TABUENA makes a final push for a golden ticket to the LIV Golf when he competes in the $5-million PIF Saudi International beginning on Wednesday at the Riyadh Golf Club.

The season-ending tournament serves as the last chance for Mr. Tabuena and other hopefuls in the Asian Tour to land a gig at next year’s LIV Golf via the International Series (IS) Rankings pathway.

Only the Top 2-ranked players will secure a guaranteed promotion and entering this week, the Filipino ace runs third with 232.28 points behind pacesetter Scott Vincent of Zimbabwe (325.59) and second-running Yosuke Asaji of Japan (285.30).

Mr. Tabuena, the IS Philippines titlist, is up for a faceoff with Mr. Vincent, winner at Morocco, and Mr. Asaji, champion of the recent Singapore Open, in the first two rounds of the competition that offers elevated ranking points.

The three kick off their bids on No. 1 in an 11:40 a.m. tee off.

Also aiming for the golden tickets are Ollie Schniederjans of the US, who sits at No. 5 (197.87), IS Jakarta victor Wade Ormsby of Australia, who occupies sixth (195) and Kazuki Higa of Japan, who is at 10th (160.7).

It will be an obstacle-riddled road to the $1-million champion’s purse and 324 ranking points, though, with some of the biggest names in world golf, including Major champions Dustin Johnson, Sergio Garcia and Cameron Smith, vying for honors. — Olmin Leyba

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