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Rice, sugar prices eased in early July; chicken, galunggong rise—PSA survey

Prices of rice and sugar ease in early July from their levels in June but cost of chicken and galunggong rose, results of the regular price monitoring of the Philippine Statistics Authority showed.

Bank lending to agri sector, treated as problematic, forecast significantly improved in joint BSP-DA survey

Bank lending to the agricultural sector, historically low and problematic, showed promise in latest survey jointly conducted by the Bangko Sentral ng Pilipinas (BSP) and the Agricultural Credit Policy Council (ACPC), which works under the Department of Agriculture (DA).

CREC attracted to MGSP-CSP 2 where service areas are more compact

Citicore Renewable Energy Corp. (CREC) on Wednesday announced plans to participate in the second round of bidding for microgrid service areas (MGSP-CSP 2) made available by the government.

Poultry products from Minnesota under temporary import ban

The Department of Agriculture (DA) has reinstated the ban on the importation of poultry products from the state of Minnesota in the United States due to an ongoing outbreak of the highly pathogenic avian influenza H5N1 subtype or bird flu.

Online marketplace should start collecting withholding tax from merchants—BIR

The Bureau of Internal Revenue said Tuesday the electronic marketplaces operating in the country such as Shoppee and Lazada should start imposing withholding tax on sellers and merchants using their online platform.

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