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Filipino rice farmers earn P10,836 for 4 months’ work

Filipino rice farmers in 2022 earned an average P10,836 for every hectare—an income that requires frontloaded investment and a waiting period of up to four months highly at risk to weather changes.

National Treasury sets coupon rate on 5.5Y retail dollar bond at 5.750%

The Bureau of Treasury set at an auction Wednesday the coupon rate on the retail onshore US dollar bond it will offer to the public at  5.750 percent.

CAB keeps fuel surcharge unchanged for October

The Civil Aeronautics Board (CAB) on Tuesday kept the fuel surcharge for passengers and cargo unchanged two months in a series at level 6 in October. 

National Treasury rejects all tenders for 3-year T-bonds

The national treasury rejected all bids for the P30-billion, three-year treasury bonds it offered at auction Tuesday to prevent the cost of borrowing from rising.

Holcim readies for delisting from PSE on November 27

Holcim Philippines Inc. said Tuesday it is looking to delist from the Philippine Stock Exchange on Nov. 27.

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DA clears first ASF vaccine for commercial use, aiding swine recovery

The Bureau of Animal Industry has approved AVAC ASF LIVE—developed by AVAC Vietnam—as the first African Swine Fever vaccine for commercial sale in the Philippines, nearly seven years after the 2019 outbreak cut the national hog herd from 13 million to roughly 8 million heads.

Eala wins initial match in US Open via sweep

Alex Eala opened her US Open campaign in emphatic fashion.

Habagat, storm damage to agriculture tops ₱3.39B; economic impact deepens

Damage to the agriculture sector from the enhanced southwest monsoon (Habagat) and Tropical Cyclones Luis, Maymay, and Neneng has climbed past the ₱3 billion mark, rising to ₱3.39 billion as of 2 p.m. September 2, the Department of Agriculture (DA) confirmed. The figure is up from ₱2.84 billion just 30 hours earlier, at 8 a.m. September 1 — and authorities warn the total will likely rise as field assessments continue.

Former BP CEO Tony Hayward joins Prime Infra board

Prime Infrastructure Capital Inc. (Enrique K. Razon Jr., chairman) appointed ex-BP CEO Tony Hayward to its board, effective Aug 10, as it expands in the Philippines and overseas.

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