Farm group rejects plan extending tariff cuts on rice, corn and pork
The Samahang Industriya ng Agrikultura (SINAG) on Tuesday said the proposed extension of lower tariff on rice, corn and pork deserves an outright rejection as the existing mechanism has not proven beneficial to consumers and has negatively impacted local producers.
PSALM appoints ADB as advisor in CBK hydro plant privatization
The government has awarded the Asian Development Bank (ADB) the contract as transaction advisor to the Philippines Power Sector Assets and Liabilities Management Corp. (PSALM) to privatize the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant complex in Laguna.
CitySavings bares P100-B loan portfolio as continuing nod to financial inclusion
City Savings Bank, Inc. (CitySavings), the thrift bank arm of the UnionBank of the Philippines (UnionBank), on Tuesday bared the deployment of P100 billion to meet the loan requirement of its clients.
GSIS opens loan restructuring, condonation for delinquent borrowers
State pension fund Government Service Insurance System (GSIS) has relaunched a condonation and restructuring program with longer and affordable payment terms to benefit former members, old-age pensioners, re-employed members, and other borrowers with overdue loans.
SMC, government in collaboration to clean up, rehabilitate Luzon rivers
Three years after it launched its landmark river cleanup and flood mitigation initiative--which has led to the removal of over 3 million metric tons of silt and solid wastes from the Pasig, Tullahan, and San Juan Rivers--San Miguel Corporation (SMC) is setting its sights on a more ambitious goal: cleaning up and rehabilitating three major river systems as well as other tributaries and waterways throughout Metro Manila, Pampanga, Cavite, and Bulacan.
