Enough supply of Cebu lechon during Christmas season assured

John Rey Saavedra 10/26/2024

CEBU CITY – Despite the African Swine Fever (ASF) scare, there will be enough pork meat, especially the well-loved lechon (roast pig), during the Christmas season, an official of the National Meat Inspection Service (NMIS) here said…

Rice output seen to drop this year due to typhoons, DA says

Jordeene B. Lagare - @inquirerdotnet 10/26/2024

The Department of Agriculture (DA) sees significant rice production losses this year due to widespread bad weather, an official said Friday. “We can expect that our losses will be somewhat significant this year compared to last year…

Kristine batters farm sector, damaging crops worth P80.8M

Jordeene B. Lagare - @inquirerdotnet 10/25/2024

Severe Tropical Storm Kristine (Trami) caused P80.8 million in losses to the agriculture sector, the Department of Agriculture (DA) reported. The storm affected 2,864 farmers across Cordillera, Mimaropa, Bicol, and Western Visayas, according to the DA’s bulletin…

Kadiwa Store opens in Lapu-Lapu, low-priced agri products sold

Futch Anthony Inso 10/21/2024

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents, particularly in Barangay Pajac, can take advantage of the low-priced agricultural products at the newly opened Kadiwa Store at Primark Center Mactan. John Racoma, one of the participants in the…

Fuel price rollback expected starting Tuesday

Lisbet Esmael - @inquirerdotnet 10/21/2024

After four weeks of price hikes, fuel companies will lower petroleum prices starting Tuesday, October 22. Seaoil and Shell Pilipinas announced on Monday that gasoline will drop by 50 centavos per liter, while diesel will decrease by…

MEPZ job losses raise concerns over future of PH import, export sectors

Niña Mae C. Oliverio 10/20/2024

CEBU CITY, Philippines —Following the shut down of a company in Mactan Export Processing Zone (MEPZ) in Lapu-Lapu City last month, at least 337 workers had been retrenched. Retrenchments like this can greatly affect the country. “When…

Ayala to sell half of GCash stake to Mitsubishi for P18.4 billion

Meg J. Adonis - @inquirerdotnet 10/18/2024

Ayala Corp. is selling half of its stake in popular e-wallet GCash to Japan’s Mitsubishi Corp. for at least P18.4 billion. As a result, Mitsubishi will own 50 percent of AC Ventures Holdings Corp ., which in…

PH rice output drops 11.9% in Q3 due to recent typhoons

Jordeene B. Lagare - @inquirerdotnet 10/17/2024

Recent typhoons have impacted local food production, with the Philippine Statistics Authority (PSA) reporting a drop in palay (unhusked rice) output in the third quarter. Palay production from July to September is estimated at 3.35 million metric…

ABS-CBN: 100 more workers laid off as ad revenues continue to drop

Philippine Daily Inquirer 10/17/2024

MANILA, Philippines — Another batch of employees has been retrenched by the Lopez family-led ABS-CBN Corp., which has yet to erase its balance sheet losses.  This move from the media group came amid financial struggles due to…

MCIA vows net-zero target 2050

Morexette Marie B. Erram 10/16/2024

CEBU CITY, Philippines — The Mactan-Cebu International Airport (MCIA) has pledged to achieve net-zero by 2050 as part of its plans to becoming a sustainable gateway. Executives of MCIA’s two operators – Mactan Cebu International Airport Authority…

How does wage increase affect customer spending?

Niña Mae C. Oliverio 10/16/2024

CEBU CITY, Philippines — The new wage hike in Central Visayas may have an impact on how consumers spend their wage on necessities. Wage Order No. ROVII-2, published on September 16, 2024, provides for an increase of…

Fuel prices: Nearly P3 a liter increase to be implemented Oct. 15

Lisbet K. Esmael - @inquirerdotnet 10/14/2024

MANILA, Philippines — Oil companies are set to implement big adjustments in fuel prices on Tuesday, October 15 with nearly P3 per liter increase from last week’s costs. According to Shell Pilipinas and Seaoil in separate advisories,…

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