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Sri Lanka to sign IRRI partnership agreement

SRI LANKA President Maithripala Sirisena is expected to sign a five-year partnership with the International Rice Research Institute (IRRI) in Los Baños, Laguna on Friday, as part of his state visit in the Philippines.

Russian group eyes P8-B investment in Maguindanao banana plantation

A RUSSIAN group is looking to invest P8 billion to build a banana plantation in Camp Abubakar, the main enclave of the Moro Islamic Liberation Front (MILF) in Maguindanao and Lanao del Sur, according to Agriculture Secretary Emmanuel F. Piñol.

NFA sets palay procurement target at 350,000 MT

THE National Food Authority’s (NFA) domestic rice purchasing target in the first half is about 350,000 metric tons of palay, or unmilled rice, also known as “paddy,” Agriculture Secretary Emmanuel F. Piñol said on Tuesday.

DA to launch farmer database by March

THE Department of Agriculture (DA) is set to launch a database of farmers and fishermen containing information on assistance provided to them, within the current quarter.

Doubts cast on Agri dept’s 1% farm growth estimate

THE agriculture sector’s growth for 2018 could have been flat -- or worse than the 1% estimate given by Secretary Emmanuel F. Piñol, an economist said.

NFA to pay cash, ease rules to further entice rice sellers

THE National Food Authority, which is in the middle of a restructuring to focus on domestic rice purchasing and storage, will move to ease the requirements on farmers seeking to sell their output to the agency.

Storm-lashed 2018 dampens farm output, growth falls to 1%

AGRICULTURE output rose 1% in 2018, dampened by storms that damaged farmland and fisheries, the Department of Agriculture (DA) said on Thursday.

DA to compensate Cordillera farmers for dumped crops

AGRICULTURE Secretary Emmanuel F. Piñol said that the Department of Agriculture (DA) will compensate farmers in the Cordillera Administrative Region (CAR) who were forced to dispose of their vegetables due to oversupply and lack of means to transport the harvest to market.

Mining firms ‘guarded’ about 2019 amid trade war fears

MINING COMPANIES expressed “guarded optimism” about their prospects in 2019 as global metal prices stabilize due to balanced supply and demand, though the equilibrium could be disrupted by a worsening of the trade war between the United States and China, proposed tax laws for the Philippine mining industry, as well as ban on open pit mining.

Food Terminal to be revived in Taguig, other sites

THE Food Terminal Inc. (FTI), a Marcos-era project, is expected to be revived by the Department of Agriculture (DA) this year at a 36-hectare site in Taguig City.

Crop insurance payments worth P160M due next week for victims of...

A TOTAL of P160 million worth of insurance payments will be released next week by the Philippine Crop Insurance Corp. (PCIC) to farmers affected by tropical depression Usman, Agriculture Secretary Emmanuel F. Piñol said on Wednesday.

DA tells chicken growers to raise farmgate prices to avoid losses

AGRICULTURE Secretary Emmanuel F. Piñol said poultry growers should increase farmgate prices of chicken by P10 weekly from the current P38 per kilo to prevent them from exiting the industry.

Usman crop damage exceeds P1 billion mark

AGRICULTURAL damage caused by tropical depression Usman exceeded a billion pesos, the Department of Agriculture (DA) said Tuesday.

DA expects to meet 2019 rice production goal

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.

Boracay rehab action plan to cost P25.27B, NEDA says

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.

Fertilizer prices rise

THE AVERAGE price of four grades of fertilizer rose year-on-year in November, the Philippine Statistics Authority (PSA) said.

Farm road backlog estimated at 13,000 km

THE Philippines has a construction backlog of 13,000 kilometers (km) of farm-to-market roads (FMR) which needs to be addressed to bring down prices, according to Agriculture Secretary Emmanuel F. Piñol.

Piñol orders sacking of NAIA quarantine team amid threat of African...

DEPARTMENT of Agriculture (DA) Secretary Emmanuel F. Piñol ordered on Friday the sacking of quarantine team of the Ninoy Aquino International Airport (NAIA) after their failure to establish quarantine measures on the entry of pork products from countries affected by African Swine Fever (ASF).

Clark Airport concession holder to invest P6 billion

THE North Luzon Airport Corp. (NLAC) said it is investing about P6 billion to fit out the new terminal at Clark International Airport, bringing it up to an annual capacity of eight million passengers.

DA to build seed storage domes in Cagayan Valley

THE Department of Agriculture (DA) Regional Field Office No. 2 (RFO-02) said it will start operating this year a P10 million dome as a storage facility for seeds and other farm inputs, which can double as a shelter during calamities.

ICTSI wins 20-year concession for Sudan terminal

INTERNATIONAL Container Terminal Services Inc (ICTSI) signed a 20-year concession agreement with Sea Ports Corp. of Sudan (SPC) to operate, manage and develop the South Port Container Terminal (SPCT) at Port Sudan.

Philex Mining taps Pilipinas Shell as fuel supplier

PHILEX Mining Corp. has tapped Pilipinas Shell Petroleum Corporation to supply fuel for its operations.

DA estimates crop damage from Usman at over P816M

THE Department of Agriculture (DA) said its crop damage estimate for tropical depression Usman was P816.17 million in regions south and east of Metro Manila, as far south as the Eastern Visayas.

Vulcan donates Palawan properties to former workers

LISTED Vulcan Industrial and Mining Corp. on Wednesday said it has donated two properties in Roxas, Palawan to its former employees, as well as current workers of Alakor Corporation and Anglo Philippine Holdings Corporation.

AgriNurture to sell P500M worth of shares to China-based businessmen

AGRINURTURE, Inc. (ANI) on Wednesday said it plans to sell over 27 million primary shares worth P500.60 million to two businessmen engaged in construction and real estate in China.

Poultry, pork, fruit supply seen rising

POULTRY PRODUCTION is expected to increase in 2019 with new entrants pushing down prices for consumers but also putting grower earnings under pressure, an industry official said.

PCCI sees rice tariffication measure as model for sugar liberalization

THE Philippine Chamber of Commerce and Industry (PCCI) wants a more liberal regime for importing sugar modeled on the rice tariffication bill, with tariffs to benefit domestic sugarcane farmers.

Typhoon Usman death count up to 75, missing at 16

THE LAST typhoon to hit the country in 2018, locally named Usman, claimed 75 lives with 16 still reported missing and 12 injured, according to the Jan. 1 update from the National Disaster Risk Reduction and Management Council (NDRRMC).

Initial rollout of National Cyber Intelligence Platform seen next month

THE INITIAL STAGES of the National Cyber Intelligence Platform (NICP) are expected to be launched this January, according to an advisor of the Department of Information and Communications Technology (DICT).

PHL urged to boost halal to attract more visitors

THE PHILIPPINES can boost tourism from Muslim countries by making halal food more available, a Malaysian embassy official said.

Farm output target in doubt after flat 3 quarters

THE Department of Agriculture’s (DA) target of 2.5% growth in farm output this year is unlikely to be achieved, an economist said.

Stock for P27/kg NFA rice still good for 8 months —...

AGRICULTURE Secretary Emmanuel F. Piñol said stock for the P27 per kilogram (kg) of rice from the National Food Authority (NFA) will last for eight months.

PHL chocolate maker sets sights on overseas market

AFTER OPENING a store in Tokyo this year, Auro Chocolate is hoping to further expand the international distribution of its Philippine chocolate products, which use cacao grown in Davao.

Malaysian firms keen on landing engineering contracts in PHL

MALAYSIA is hoping to offer the expertise of its engineering companies to the Philippines, which is pursuing an aggressive infrastructure program, a Malaysian embassy official said.

Philippines looking forward to WTO agreement against fishing subsidies

THE PHILIPPINES is looking forward to a pending World Trade Organization (WTO) agreement to eliminate fisheries subsidies, saying that such a deal would protect the country’s coastal waters from overfishing.

Tobacco industry still sees demand despite rising taxes

THE tobacco industry expects continued growth on sustained domestic and global demand despite plans to raise the excise tax on tobacco products to discourage consumption and fund the health sector.

MIAA working with US agency improve security at NAIA

THE MANILA International Airport Authority (MIAA) is working with the US Department of Homeland Transportation Security Administration (TSA) to boost security measures at the Ninoy Aquino International Airport (NAIA), the country’s main gateway, by 2019.

DoTr orders study of motorcycle transport regulation

TRANSPORTATION Secretary Arthur P. Tugade has ordered the creation of a technical working group (TWG) to study a regulatory framework for motorcycles used in public transportation.

DENR pushes, DoF backs tax on use of plastic

THE Department of Environment and Natural Resources (DENR), with the support of the Finance department (DoF), is pushing an environmental tax on companies to discourage the use of plastic, with a goal to implement the tax before President Rodrigo R. Duterte ends his term in mid-2022.

Philippine cultural center at Kuala Lumpur mall eyed

THE Philippine government is in talks with a Malaysian mall operator to establish a permanent cultural center showcasing Filipino products at a shopping mall in Kuala Lumpur.

DENR positive on mining industry’s revenue capacity

THE Department of Environment and Natural Resources (DENR) said its outlook for the revenue to be generated by the mining industry for the government is positive despite changes to the industry’s tax regime being proposed in various tax reform bills.

Palay farmgate price firms in mid-December

THE Philippine Statistics Authority (PSA) said that average farmgate price of palay, or unmilled rice, rose 0.50% week-on-week to P20.11 per kilogram in the second week of December.

Global Ferronickel ore reserves at Cagdianao increase by 21%

GLOBAL FERRONICKEL Holdings, Inc. on Tuesday reported its proven and probable ore reserves in its Cagdianao mine in Claver, Surigao del Norte have increased by 21%.

DA sees 3.5% growth in farm output in 2019

THE Department of Agriculture (DA) set a 3.5% target for production growth next year, Agriculture Secretary Emmanuel F. Piñol said Tuesday.

Victorias Milling profit jumps 17%

VICTORIAS MILLING Company (VMC) saw its net income rise by 17% to P764 million for the fiscal year ending Aug. 31, as lower production and operating costs offset the decline in prices of sugar and alcohol.