NEDA: Rice price ceilings to lower prices, prevent hoarding
The National Economic and Development Authority (NEDA) said imposing price ceilings on rice will not only help lower prices but also discourages hoarding.
In a statement on Sunday, NEDA said while the country has enough supply of rice until the end of...
OECD sees PH economy growing by 5.6% in 2023
The Organisation for Economic Cooperation and Development (OECD) forecasts the Philippine economy to grow by 5.6 percent this year. "A key growth driver in the second half of 2023 will be a strong rebound in government spending, from its 7.1 percent c...
DICT inks P5.6-B int’l gateway investment with Japan
Department of Information and Communications Technology (DICT) Secretary Ivan John Uy has reported that Japan's telecom giant IPS Inc. has earmarked an additional USD100 million (PHP5.6 billion) in new investments into the Philippines for 2023 to 2024...
Sale of Non-Halal Product
The Ministry of Religious Affairs through the Halal Food Control Division, Syariah Affairs Department made an inspection on 'Skitto Clean' brand cleaning brushes sold at one of the business premises in the country following complaints from the public.B...
Bitcoin jumps 7% as US court rules in favor of Grayscale...
Bitcoin jumped more than 7 percent on Tuesday after a US court ruled in favor of cryptocurrency investment firm Grayscale's exchange-traded fund (ETF). Bitcoin price climbed to as high as USD28,040 at 1:10 p.m. EDT for a 7.3 percent daily gain after c...
NBA fines James Harden $100K for public trade demands
The NBA has fined the Philadelphia 76ers' guard James Harden for public trade demands. The 33-year-old was fined USD100,000 for "public comments on August 14 and 17 indicating that he would not perform the services called for under his player contract...
Samar town housing project to benefit 38 ex-rebels
The government has started the housing project for former New People's Army (NPA) rebels in the interior San Jose De Buan town in Samar province to help them rebuild their lives shattered by years of armed struggle.
Dubbed 'Saad nga Balay ha mga Peace...
Traders offer higher buying prices for early-harvested rice
Traders are offering farmers between PHP22 and PHP24 per kilo from the previous month's buying price of PHP12 to PHP14 for rice harvested before September to October. "The harvest for first cropping started only this August on almost 2,000 hectares of...
Oil up over tight global supply concerns
Oil prices increased on Monday over tight global supply concerns after lower output from OPEC+ countries, Saudi Arabia and Russia. International benchmark Brent crude traded at USD85.45 per barrel at 10.28 a.m. local time (0728 GMT), a 0.77 percent ri...
PH calls for updating of ASEAN free trade deal
The country's trade chief has called on fellow ministers in Southeast Asia to upgrade the ASEAN Trade in Goods Agreement (ATIGA) during the 37th Meeting of ASEAN Free Trade Area Council in Semarang, Indonesia.
Secretary Alfredo Pascual highlighted tha...
LandBank posts double-digit growth in digital transactions
State-owned Land Bank of the Philippines (LandBank) recorded double-digit growth in its digital transactions during the first half of the year. In a statement on Sunday, LandBank said it facilitated 94.7 million transactions worth PHP1.9 trillion duri...
Parang Making using Recyclable Materials
The traditional knife or parang making were usually popular among the senior citizens. Now, parang making has slowly gained the attention of the young generation. Last night's News at Ten bring a local youth effort to revive the tradition of parang and...