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Laurel reworks rice import system with a mandatory bond

Agriculture Secretary Francisco Laurel Jr. has overhauled the process by which rice stocks are fortified to ensure uninterrupted supply, saying henceforth rice importers post a mandatory bond equal to 10 percent of any shipment.

DA all set for next year’s farm cluster and voucher system

The Rice Industry Development Office of the Department of Agriculture (DA) said the voucher system providing seeds and fertilizers to clustered rice farmers in five pilot regions should soon roll out.

Aklan wind power project secures BOI incentives

PetroEnergy Resources Corp. (PERC) subsidiary PetroWind Energy Inc. (PWEI) has secured fiscal incentives from the Board of Investments (BOI) for its 13.2-megawatt (MW) Nabas-2...

Cebu Pacific in damp lease pact with Bulgaria Air

Cebu Pacific on Tuesday said it has signed a damp lease agreement with Bulgaria Air to meet the expected rise in passenger demand as...

Meralco charges in December seen easing

An official of the Manila Electric Co. (Meralco) on Tuesday said the generation charge customers in December will likely ease, ahead of the distribution...

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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