Posts Tagged by national

Inflation exceeds BSP forecast

MANILA, Philippines?Annual inflation rose higher than expected in February to reach its highest since May, according to a report released on Friday by the National Statistics Office (NSO). The annual inflation rate hit 4.3 percent in February, exceeding the Bangko Sentral ng Pilipinas forecast for the month of between 3 and 4.1 percent. The BSP has acknowledged that the faster-than-expected increase in prices may mean that the… Read More

The poor don’t live by bread alone

SAD BUT true: no matter by how much the prices change of consumer items like water, electricity, LPG, transportation, clothing, house rent, school supplies, medicine, or any other basic item aside from food, there can be no corresponding changes in the official poverty line. This is due to the neglect of the National Statistical Coordination Board (NSCB), the official poverty-measurement agency, to do research on any individual non-food component as part of minimum basic needs. Read More

DFA urges ‘proper’ transfer of $3.3-M peacekeeping funds

MANILA, Philippines?The Department of Foreign Affairs (DFA) has recommended the transfer of the $3.3-million peacekeeping funds from a Philippine account in New York to the National Treasury ‘for proper accounting and safekeeping,’ a statement from the department said. Foreign Affairs… Read More

Mediamen to sit as observers in DND biddings

MANILA, Philippines?Members of the media will be sitting in as observers in deliberations of the Department of National Defense’s (DND) bids and awards committee, according to Malaca Read More

Hunt for Lacson continues

MANILA, Philippines?The manhunt for Senator Panfilo ‘Ping’ Lacson will continue until the courts lift the warrant for his arrest or categorically say that its nullification is final, Justice Secretary Leila de Lima said Friday. ‘Our position is the warrant of arrest is still subsisting and [the manhunt] is still also ongoing,’ De Lima told reporters when asked if the National Bureau of Investigation would proceed with its search despite a Court of Appeals (CA) ruling that cleared the fugitive senator of involvement in the 2000 murders of publicist Salvador ‘Bubby’ Dacer and driver Emmanuel Corbito. De Lima made a similar remark to reporters in Camp Crame: ‘The warrant of arrest is still… Read More

Philippine president bans logging after deadly floods

By Kate McGeown BBC News, Manila Continue reading the main story Related Stories Philippines floods toll tops 40 What caused Philippines landslide? Read More

Sugar exec warns of artificial sweeteners in food, beverage

BACOLOD CITY, Philippines?A sugar industry leader has warned that some food and beverage manufacturers might be using artificial sweeteners or sugar substitutes, which are harmful to the health. Enrique Rojas, president of the National Federation of Sugarcane Planters Inc. Read More

‘Chop-chop’ bids inflated prices of rice, says NFA

MANILA, Philippines?The government shot itself in the foot when it imported rice in batches in late 2009, which excited the market and inflated the prices for the staple, the National Food Authority (NFA) said Thursday. Records from the NFA showed that the Philippines bought a total of 2.25 million metric tons of rice from Vietnam, Thailand and Pakistan from Nov. 4, 2009 to Dec. Read More

PHILIPPINES: Battling the floods as death toll rises

MANILA, 20 January 2011 (IRIN) – Aid workers are struggling to help more than 1.7 million people affected by unseasonal rains that have resulted in massive flooding and landslides in large areas of the Philippines’ eastern and southern coasts. Read More

Govt, NDF agree to resume formal peace talks

MANILA, Philippines?The government and the National Democratic Front of the Philippines have agreed to resume formal peace talks… Read More

BSP raises single borrower’s limit for oil firms to 40%

MANILA, Philippines?The Bangko Sentral ng Pilipinas has increased the single borrower’s limit (SBL) of banks for oil companies by 15 percent, saying the move was intended to ensure sufficient supply of petroleum products in the country. “The BSP believes that the oil industry is a business vital to the national interest in order to ensure adequate supply of oil and other petroleum products in the country,” the central bank said in a… Read More

DZIQ: Ex-PCGG chief raises legal concern over US court ruling on Marcos victims

MANILA, Philippines?A legal issue has been raised in connection with the United States court decision to dispose of and award the sale of the… Read More

PHILIPPINES: Facebooking in a storm

BANGKOK, 14 January 2011 (IRIN) – The Filipino government’s bid to encourage the use of social media as a disaster warning tool was tested once again in weeks of flooding that have affected more than 260,000 families nationwide, according to the National Disaster Risk Reduction and Management Council (NDRRMC). Since 1 January, storms have destroyed more than 1,000 homes in 25 provinces and led to 42 reported deaths by drowning, landslides and electrocution, according to NDRRMC. Read More

Philippine leader’s Porsche buy revs up criticism

MANILA, Philippines – A third-hand used car isn’t likely to raise eyebrows on Philippine streets — unless it’s a Porsche just… Read More

No excessive rice importation, says ex-agriculture chief

MANILA, Philippines ? There was no excessive importation of rice and no overpricing of imports during the previous administration that caused the National Food Authority to bleed financially, the former chief of the Department of Agriculture said Friday. Former Agriculture Secretary and now Bohol Representative Art Yap said that the recommended import volume was not breached and that importation was based on tenders that underwent public bidding. Meanwhile, Anakpawis partylist Representative Rafael Mariano called for an inquiry into the NFA report Read More

What went before: Overimportation of rice

MANILA, Philippines?President Benigno Aquino III, in his first State of the Nation Address (SONA) last July, accused the Arroyo administration of overimportation of rice that caused the National Food Authority (NFA) debt to balloon to P177 billion. Mr. Aquino said the NFA in 2004 purchased 900,000 metric tons of rice, seven times more than the shortage of 117,000 metric tons. Read More

Rains displace over 92,000 families in 22 PH provinces

MANILA, Philippines ? The number of affected residents due to continuous rains in several provinces has climbed to 92,075 families or 476,916 persons, the National Disaster Risk Reduction and Management Council (NDRRMC) said Thursday. In its latest tally, the NDRRMC said that the displaced families came from 586… Read More

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