KKR to invest $400 million in Philippine telecoms tower business

03/13/2024

MANILA (Reuters) – Private equity firm KKR & Co will invest $400 million in telecoms tower operations and expansion in the Philippines, the U.S. Department of Commerce said on Wednesday, among a slew of deals in a…

BFAR-7 to local officials: Support fishermen, fish traders affected by ECQ

Irene R. Sino Cruz 03/31/2020

CEBU CITY—With the implementation of the enhanced community quarantine (ECQ) in Cebu and other areas in Central Visayas, the Bureau of Fisheries and Aquatic Resources (BFAR-7) called on the local government officials to support fishermen and fish…

City Legal Office goes after 5 rice traders

Delta Dyrecka Letigio 03/21/2020

CEBU CITY, Philippines — The Cebu City Legal Office (CLO) is going after five rice traders and retailers at the Taboan and Carbon Public Markets for allegedly overpricing their rice products. City Legal Officer Rey Gealon told…

NFA-7 considers reducing NFA rice allocation to traders 

Futch Anthony Inso 01/17/2019

CEBU CITY, Philippines — The National Food Authority (NFA)-7 might reduce their allocation of NFA-rice to rice traders starting this year. “More on buffer stocking nalang mi, hilabi na in time sa calamities. But ang market, it…

Crackdown on illegal wildlife meat traders intensified

Morexette Marie B. Erram, Rosalie O. Abatayo 12/12/2018

THE crackdown on wildlife meat traders will be relentless especially with the recent apprehension of at least 60 kilograms of green sea turtle meat in Barangay Pasil, Cebu City. Atty. Habeas Corpuz, National Bureau of Investigation Environmental…

Talk to traders first before enforcing SRP, NFA urged

Futch Anthony Inso 11/16/2018

NATIONAL Food Authority (NFA) is encouraged to conduct first a consultation before implementing the Suggested Retail Price (SRP) of rice products. “For me, the SRP should undergo consultation between traders and stakeholders because they (NFA) are not…

GRECON: Rice SRP would bring huge losses to traders

Irene Sino-Cruz and Futch Anthony Inso 11/13/2018

If Cebu rice retailers implement the suggested retail prices (SRP) for rice, this move would cripple their businesses. During yesterday’s orientation on the implementation of the SRP on rice in Cebu, Consolacion Mayor Teresa Alegrado, president of…

Cebu City’s PROBE to apprehend illegal wildlife traders

Morexette Marie B. Erram 10/03/2018

  Starting today (October 3), the Cebu City Prevention Restoration Order Beautification Enhancement (PROBE) will now apprehend illegal wildlife traders. PROBE head Raquel Arce announced in a press interview that the Department of Natural Resources in Central…

Villar: No rice shortage in PH; it’s all with traders

Inquirer.net 09/04/2018

SENATOR Cynthia Villar on Tuesday said she thinks there is no rice shortage in the country and that the rice that should have been in the market are just stocked in the storage of traders. “For me,…

SOLVE KILLINGS BEFORE TRADERS LEAVE CEBU

Morexette Marie B. Erram, Rosalie O. Abatayo and Jessa Mae O. Sotto 08/06/2018

BIZMEN URGE POLICE Although investor confidence remains high, local traders believe spate of killings will have negative impact if they remain unsolved Tourism sector alarmed too, urge authorities to secure the “bread and butter” industry of the…

DVMF to train employees to go after illegal wildlife traders

Morexette Marie B. Erram 05/05/2018

The Department of Veterinary Medicine and Fisheries expressed willingness to have its employees undergo training to become wildlife enforcement officers following the city council’s resolution to go after illegal wildlife traders on Magallanes Street, Cebu City. The…

Wildlife traders urged: Secure permit

Jessa Mae O. Sotto 02/16/2018

DESPITE the warnings given by the Department of Environment and Natural Resources in Central Visayas (DENR – 7) to the illegal trading of wildlife, some traders continue to sell without having the necessary permits to sell these…

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