The Department of Agriculture has lifted its temporary ban on poultry imports from Germany, effective November 4, after confirming the country is free from highly pathogenic avian influenza. The World Organization for Animal Health has also recognized Germany as disease-free, with DA assessing import-related risk as negligible. Resuming trade will ease local supply constraints, though all biosecurity and quarantine rules remain in effect.
The latest
Agriculture
Temporary pork import ban may extend beyond 60 days if needed
The Department of Agriculture announced Monday that its new 60-day temporary restriction on pork imports could be extended beyond the initial period if conditions warrant, stressing that the government must balance the interests of local producers, consumers, and meat processors. Agriculture Secretary Francisco Tiu Laurel Jr. confirmed the possibility of extending the measure, drawing parallels with last year’s rice import ban, while noting that careful consideration is needed to avoid undue impact on meat prices and supply ahead of the Christmas season.
Property
SM Prime earnings fall 5% as housing slump hits sales
Weak residential demand, high borrowing costs, elevated inflation, and cautious buyers, dragged down SM Prime Holdings Inc.’s earnings by 5 percent to P35.4 billion in the first nine months, offsetting stronger rental income and growth in its mall and hospitality businesses.
Property
SM Prime caps 2027 spending at P100B, freezes new office projects
SM Prime Holdings Inc. will keep its 2027 capital...
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