Inflation helps increase remittance inflows
Disdained by most people, inflation also helps promote certain benefits like increasing remittances by overseas Filipino workers to their families back home.
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Salceda bats for cheaper ways for Filipinos to invest
A lawmaker on has underscored the need to pass a legal framework for collective investment schemes (CIS) to make it easier and cheaper for working Filipinos to invest in legitimate securities. At the recent House Committee on Economic Affairs hearing, Albay Rep. Joey Salceda said investors need to shell out significant amounts of cash to make investments in “clunky”…
SEC grants amnesty on non-filing, late filing of reports
The Securities and Exchange Commission (SEC) has opted to grant corporations and other regulated business entities an amnesty on the late and non-filing of certain reportorial requirements. On March 15 SEC issued its Memorandum Circular No. 2, Series of 2023, or the Grant of Amnesty for Non-filing and Late Filing of the General Information Sheet…
PCG: Oil spill from Mindoro has reached Palawan town
By Maria Tividad PUERTO PRINCESA CITY, Palawan – The Philippine Coast Guard (PCG) District in Palawan has confirmed the oil spill from MT Princess Empress that sank off the coast of Naujan town, Oriental Mindoro last February has reached two barangays in northern Taytay town in Palawan. PCG-Palawan District Commander, Capt. Dennis Rem Labay, said the presence of oil spill was detected…
Nueva Ecija gets another onion cold storage facility
PALAYAN CITY, Nueva Ecija – This province, a major producer of onion, will shortly have another onion cold storage facility that could help prolong the shelf life of the commodity. The groundbreaking rites for the facility was recently held in Barangay San Vicente, Laur town. Agriculture and local officials led the groundbreaking rites. The project which will benefit members of the San Vicente Alintutuan Irrigators…
Pampanga farmers urged to switch to high-value crops
By Zorayda Tecson CITY OF SAN FERNANDO, Pampanga – Senator Imee Marcos on Thursday urged farmers in this province to cultivate market-driven crops in order to increase their income. In her dialogue with the program beneficiaries of Young Farmers Challenge and Enhanced KADIWA at the Pampanga State Agricultural University in Magalang town, Marcos cited the importance…
Lanao Norte weavers urged to grow PH textile industry
CAGAYAN DE ORO CITY – Lanao del Norte Governor Imelda Quibranza-Dimaporo has urged community weavers in their province to become major producers of Meranaw cultural textiles in the country. The lady governor also called on members of women livelihood organizations in the province to become more productive in creating traditional fabrics. “There are many (suppliers) who look for high-quality Meranaw…
PDP-Laban has to decide yet on supporting Cha-cha initiative
The Partido Demokratiko Pilipino – Lakas ng Bayan (PDP-Laban) has yet to decide whether to support or not the Charter Change initiative being pushed in Congress.
DOJ prepares cases over MT Princess Empress’ oil spill
Justice secretary Jesus Crispin Remulla said the government is now gathering information for the possible filing of complaint against those liable for the sinking of the MT Princess Empress which leaked its cargo of 800,000 liters of industrial oil. “We are sorting out the evidence so that we can file the proper complaint, collate all the data. As far as…
CCC, French embassy vow cooperation on climate action
The Climate Change Commission (CCC) and the Manila-based Embassy of France to the Philippines which also covers Micronesia, have vowed to further strengthen their development commitment and cooperation on climate action. CCC Vice Chair and Executive Director (VCED) Robert E.A. Borje and French envoy to Manila, Ambassador Michele Boccoz have met recently and exchanged priorities and strategies for implementing local climate action. “We express our gratitude to the government of…