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NFA has enough palay to support four days of consumption

The National Food Authority (NFA) has purchased 3.32 million 50-kilo bags of palay as of 5 June this year of which over 3.17 million bags were purchased from rice farmers the past six weeks.

Villar victimized by deepfake video

Businessman and former Senator Manuel B. Villar Jr. on Sunday warned the public of a deep fake video making use of his face and voice to promote an investment scam.

Altenergy eyes run-of-river hydro projects 

Renewable energy developer Alternergy Holdings Corp. projects completing two run-of-river hydro projects with a total capacity of 22 megawatts (MW) by next year.

CREC eyes green bonds sale next year when costs hopefully prove better

Newly-listed Citicore Renewable Energy Corp. (CREC) bares tentative plans to raise capital possibly by next year via sustainable financing or so-called green bonds. 

DA looks to add more spice into farmers crops

Agriculture Undersecretary Cheryl Marie Natividad-Caballero, who is in-charge of the agency's high-value crops program, is looking to add more spice into Filipino farmers' lives in hopes of duplicating the recent success of onion farmers with those cultivating local garlic, ginger, and shallots.

Just in

PH, US target New Clark economic zone 

The Philippines and the US are targeting a groundbreaking within the year for a planned 4,000-acre Economic Security Zone in the industrial district of New Clark City, according to Joshua Bingcang of the Bases Conversion and Development Authority.

Meralco sells controlling stake in Bayad Center

Manila Electric Co., the country’s largest power distributor by sales, and its unit, Corporate Information Solutions Inc., have agreed to sell their combined stake in CIS Bayad Center Inc. to Kayana Solutions Inc., which currently holds a 10 percent stake in the outsourced electronics payments service provider.

Filinvest Land taps market with dual bonds

Filinvest Land Inc. is returning to the capital markets in May with a dual-tranche, fixed-rate bond offer totaling up to P11.57 billion, combining a base offer of P9 billion and an oversubscription option of P2.57 billion. 

Shipping smarter across islands, storms and surges

In an archipelago where a delivery route could involve a truck a ferry and a plane sometimes all before lunch, 2GO Group is betting that complexity could become an advantage rather than a constraint.
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