DA cites gains from Rice Tariffication, urges Congress to extend Rice Fund life until 2030
The Department of Agriculture has urged the House of Representatives to extend the Rice Competitiveness Enhancement Fund created under the Rice Tariffication Act until 2030 as it cited significant gains of the rice industry, particularly in increasing the country’s rice output and providing more resources to help poor farmers.
Consumers’ focus on essential products, rising expenses weigh down AllHome earnings
AllHome Corp., the Villar Group’s pioneering one-stop full-line home center, saw net profit last year drop 15 percent to P707.3 million as consumers reduced spending on non-essential products depressed sales while gross expenses rose.
Inflation should not top 4.3% in April – BSP
Inflation across the Philippines is forecast to range as low as 3.5 percent but should not top 4.3 percent in April in latest simulations conducted by the Bangko Sentral ng Pilipinas (BSP).
Meralco secures more expensive electricity from WESM due compelling lack of bidders
The Manila Electric Co. (Meralco) is compelled to obtain 260 megawatts of relatively more expensive electricity from the Wholesale Electricity Spot Market (WESM) following a series of failed biddings.
AirAsia aircraft delivery topping 300 in 10 years betrays sanguine airline industry outlook
AirAsia Philippines on Tuesday reported actively recruiting more pilots to address the surge in demand to travel.
