Tag: power supply agreements

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Weak peso raises PLDT project costs; demand, dollar revenue provide offset

PLDT Inc. says the sliding Philippine peso is driving up costs for its information and communications technology projects, especially those that rely heavily on imported gear and materials.

Port of Plaridel upgrade complete, strengthens Mindanao-Visayas maritime link

The Philippine Ports Authority (PPA) has finished development and improvement works at the Port of Plaridel in Misamis Occidental, boosting maritime connectivity between Northwestern Mindanao and key Visayas destinations such as Siquijor, Bohol, and Cebu.

NFA doubles palay price purchase limit, raises buying price to boost farm incomes and secure supply 

The National Food Authority (NFA) has significantly increased the price it pays for palay and more than doubled the volume it can buy from individual farmers, a key policy move meant to lift farm earnings and build up government rice reserves as the country faces potential weather challenges from El Niño.

DA grants FTI 25-year rights over Quezon land for mega food hub

The Department of Agriculture has granted Food Terminal Inc., or FTI, a 25-year usufruct right to use 30 hectares of government land in Tiaong, Quezon, clearing the way for the development of a major new facility designed to boost the country’s food supply chain.

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