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Jasper Emmanuel Arcalas
Jasper Emmanuel Arcalas
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Government to siphon off 300,000 MT of raw sugar from local market
by Jasper Emmanuel Arcalas - January 23, 2025 - 12:00am
The government is planning to siphon off about 300,000 metric tons of raw sugar from domestic market circulation for as long as three months to lift the farmgate prices of the commodity.
Individuals may soon bid in sale of ‘small’ government assets
by Jasper Emmanuel Arcalas - January 23, 2025 - 12:00am
The government may soon accept unsolicited proposals for the privatization of its various assets, particularly small ones, once the new rules are published and take effect, the Department of Finance said.
Meat imports likely to hit fresh record-high
by Jasper Emmanuel Arcalas - January 22, 2025 - 12:00am
The country’s meat imports from January to November last year reached over 1.3 million metric tons, surpassing the full-year volume recorded in 2023 and is even on track to hit a new record high.
Sales of private label food, beverages to hit $900 million
by Jasper Emmanuel Arcalas - January 22, 2025 - 12:00am
The country’s sales of private label products in the food and beverage sector are expected to hit to nearly $900 million this year, driven by Filipinos’ growing demand for such brands, according to an...
DBM approves release of P30 billion military pension
by Jasper Emmanuel Arcalas - January 22, 2025 - 12:00am
A P30.41-billion fund for the regular pension requirements of military and uniformed personnel for the first quarter has been approved for release by the Department of Budget and Management.
DA launches P85 million project to boost egg output
by Jasper Emmanuel Arcalas - January 21, 2025 - 12:00am
The Department of Agriculture (DA) will roll out a P85.2-million chicken layer program this year that seeks to boost egg production in the country.
Government collects P4.4 trillion in revenues
by Jasper Emmanuel Arcalas - January 21, 2025 - 12:00am
Government revenue collections in 2024 rose by 15 percent year-on-year to about P4.4 trillion, driven by higher tax and non-tax revenues, the Department of Finance (DOF) said.
Taho Story eyes 250 branches by year-end
by Jasper Emmanuel Arcalas - January 20, 2025 - 12:00am
Filipino startup Taho Story plans to have a network of 200 to 250 branches operating nationwide by the end of the year as demand for its soybean curd with ice cream offering continues to gain traction.
Recto: Philippines misses 2024 growth target
by Jasper Emmanuel Arcalas - January 20, 2025 - 12:00am
The Philippines may have missed even the lower end of its economic growth target last year due to the detrimental effects of the series of typhoons on the economy, Finance Secretary Ralph Recto said.
FAO-led project aids farming, fishing households in Mindanao
by Jasper Emmanuel Arcalas - January 18, 2025 - 12:00am
At least 12,000 farming and fishing households in Mindanao have benefited from a nearly $6-million project that seeks to uplift livelihoods and welfare, according to the United Nations’ Food and Agriculture...
VMC profit rises 14% to P370.7 million
by Jasper Emmanuel Arcalas - January 17, 2025 - 12:00am
Earnings of Victorias Milling Co. Inc. rose by 14 percent on an annual basis in the first quarter of crop year ending November after its costs declined by about the same rate.
Excess PDIC funds remitted to NG ‘unrestricted’ – DOF
by Jasper Emmanuel Arcalas - January 17, 2025 - 12:00am
The Department of Finance clarified yesterday that the P107.23 billion remitted by the Philippine Deposit Insurance Corp. to the national government was classified as “unrestricted,” allowing it to be...
LGUs’ national tax share rises to 35% next year – Recto
by Jasper Emmanuel Arcalas - January 17, 2025 - 12:00am
Local government units would be getting 35 percent of the national taxes beginning next year as earmarking of the incremental increases in state revenues is set to expire, the Department of Finance said.
No active bird flu case logged- BAI
by Jasper Emmanuel Arcalas - January 16, 2025 - 12:00am
No active bird flu case logged – BAI For the first time in almost a year, the country does not have any ongoing case or outbreak of avian influenza, according to the Bureau of Animal Industry.
Rice price ceiling eyed
by Jasper Emmanuel Arcalas - January 16, 2025 - 12:00am
A rice price cap could be imposed if prevailing market prices do not go down, according to the Department of Agriculture.
Philippines slips to 4th biggest banana exporter in 2024
by Jasper Emmanuel Arcalas - January 15, 2025 - 12:00am
Top three, no more?
Fast-track rice programs, DA told
by Jasper Emmanuel Arcalas - January 15, 2025 - 12:00am
Programs aimed at boosting rice farmers’ productivity should be accelerated by government agencies, President Marcos said, as cited by the Department of Agriculture.
Maynilad on track to completing Las Piñas water reclamation facility
by Jasper Emmanuel Arcalas - January 14, 2025 - 12:00am
West Zone concessionaire Maynilad Water Services Inc. said it is making significant progress in the construction of its P4.84-billion water reclamation facility in Las Piñas scheduled to begin operations by...
Rice import volume hits 4.8 million MT in 2024
by Jasper Emmanuel Arcalas - January 14, 2025 - 12:00am
The government revised upward the country’s total rice import volume last year to nearly 4.8 million metric tons after the Bureau of Plant Industry validated the rice shipment figures.
Government settles P1.95 trillion debts in 11 months
by Jasper Emmanuel Arcalas - January 13, 2025 - 12:00am
The Marcos administration hiked its debt payments to P1.95 trillion in the 11 months to November 2024, settling over 96 percent of its programmed obligation for last year.
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