PHILIPPINE STAR/EDD GUMBANWEAKER international rice prices could cause the proposed price ceiling on imported rice to be set lower, the Department of Agriculture (DA) said on Monday.“The maximum suggested retail price (MSRP) for imported rice… most likely, in the coming days will further go down,”
A worker uses a microscope at an electronics manufacturing assembly plant in Biñan, Laguna, April 20, 2016. — REUTERSEXPORTERS need to maximize the potential of electronic equipment, machinery, electricity, precious metals, and fruit exports to Europe, according to the Philippine Exporters Confederation, Inc. (Philexport).Citing the
PHILSTAR FILE PHOTOFIREARMS manufacturers and dealers said they support amendments to an 11-year-old law to unlock growth in the industry.“By amending Republic Act (RA) No. 10591, we are not simply adjusting regulations, we are empowering an industry that can generate significant economic returns, provide employment
PHILSTAR FILE PHOTOSUGAR FARMERS are expected to have expanded access to credit under the revised implementing rules and regulations (IRR) of the Sugarcane Industry Development Act’s (SIDA) Social Credit Program, Land Bank of the Philippines (LANDBANK) said.In a statement, LANDBANK said it recently signed the
Traditionally, the Bureau of Internal Revenue (BIR) inventory list is associated with taxpayers in manufacturing and retail, where inventories form part of the cost of goods sold, which is a critical component of major deductions on the income tax return.However, when the BIR issued Revenue
THE PESO sank to an over three-week low against the dollar on Monday on expectations of a more cautious US Federal Reserve as strong jobs data stoked fresh inflation concerns.The local unit closed at P58.70 per dollar on Monday, plummeting by 34 centavos from its
BW FILE PHOTOTHE MAIN INDEX sank to the 6,300 level on Monday as a spate of strong US labor data fanned renewed inflation concerns in the world’s largest economy, causing markets to rethink their Federal Reserve rate cut expectations.The benchmark Philippine Stock Exchange index (PSEi)
Legacy Youth Zone, a youth charity based in Croydon, has announced the appointment of Myke Catterall as its new Chief Executive Officer. Catterall, who brings with him extensive experience in youth work and leadership, is set to take on the role with immediate effect.The appointment
Concerns are escalating over the future of Northern Ireland’s largest private employer, with 2,700 jobs at risk at Spirit Aerosystems’ Belfast factory. The site’s predicament stems from complications in a takeover deal involving Boeing, which agreed to acquire Spirit, and Airbus, which has said it will
CHINA COAST GUARD VESSEL 5901, nicknamed the “monster ship,” off the coast of Capones Island, Zambales on Jan. 4, 2025. — PHILIPPINE COAST GUARDBy Kyle Aristophere T. Atienza, ReporterTHE PHILIPPINES, the United SStates and Japan vowed to further boost cooperation under a trilateral arrangement in
MORE THAN a million members of religious group Iglesia ni Cristo held a rally at the Quirino Grandstand in Manila on Monday to oppose impeachment moves against Vice-President Sara Duterte-Carpio. — PHILIPPINE STAR/EDD GUMBANMORE than a million members of the bloc-voting religious group Iglesia Ni
PRESIDENT FERDINAND R. MARCOS, JR. — PHILIPPINE STAR/NOEL PABALATEPHILIPPINE lawmakers should seek to expand the government bureaucracy to boost social and economic services instead of getting rid of obsolete positions since “rightsizing” would just weaken the delivery of public services, an economist said.“The Rightsizing bill