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MANILA, Philippines — Tropical Depression Amang continues to wreak havoc on the country’s farm sector with the estimated damage surging to P50.84 million. In its latest report, the Department of Agriculture (DA) said 1,569 farmers were affected as of…
A unit of Prime Infrastructure Capital Inc. has completed its acquisition of Cebu-based ARN Central Waste Management Inc. (ACI), marking the Razon group’s foray into solid waste solution business. Prime Infra said on Monday that its subsidiary,…
MANILA, Philippines — Another important food commodity is adding to price woes that the Marcos administration must now grapple with: eggs, which are a key source of protein for many Filipinos. Based on the price monitoring report…
MANILA, Philippines — Imported onions may arrive in the country between the last week of January and the first week of next month if President Ferdinand Marcos Jr. approves a plan by the Department of Agriculture (DA)…
MANILA, Philippines — The Philippines is expected to bring in more distilled liquor or spirits from abroad, thanks to “revenge” partygoers wanting to spend their hard-earned money on beverages with a higher alcohol content, says a study…
The Philippines will have to import as much as 3.4 million metric tons (MT) of rice next year to meet the anticipated shortage of the staple. “We will need to import between 3 [million MT] [and] 3.4…
Water management solutions provider JE Hydro and Bio Energy Corp. (Jehbec) will commence partial commercial operations of its P1.2-billion bulk water project that would provide additional supply to Cebu City. Jehbec said the test run of the…
MANILA, Philippines — Power interruptions hit over 3 million customers in Metro Manila and adjacent provinces due to Severe Tropical Storm Paeng (international name: Nalgae). In its advisory, Manila Electric Co. (Meralco) reported that 3,279,416 customers experienced momentary and…
MANILA, Philippines — Consumers distressed by rising inflation are in for a double dose of relief as the cost of cooking gas has dropped while other fuel prices are poised to go down for a fifth time…
Consumers may have to further tighten their belts as the confluence of unfavorable global events is expected to jack up the price of rice in retail markets, dampening hopes that the Marcos administration will make good on…
Local oil companies on Monday announced a hefty cut in the prices of liquefied petroleum gas (LPG) products for August. In an advisory, Petron said it implemented a P2.05 per kilogram rollback in LPG prices effective Monday,…
Oil companies are expected to implement another fuel price increase next week but not as hefty as in the past weeks. An industry source said companies may jack up the price of diesel by P2 to P2.30…
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